Funding you earn now, next payment 09:00 UTC−0.0540%/8h= −59.1% APRnext payment −$0.68 per $10,000 · paid last 24h −0.013%
Price spread now: Injective against Pacifica−0.484%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 0.484% cheaper against Pacifica than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.363% in total (about -18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 121.47 | 0.0100 | pay 0.0013% / 1h | 17m 36s | $74K | $105K | 10x |
| Short | Injective HOOD/USDC PERP | 120.88 | −0.0440 | pay 0.0055% / 1h | 17m 36s | $25K | $91K | 30x |
Pacifica HOOD
Injective HOOD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$113.4
- Price spread: −0.484% → 0.000%
- −$48.36
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$169.78
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 15 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 15 min ago | 1.00 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HOOD on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERPshort | −0.0440% | 1h | 120.88 | −0.484% | $25K | $91K | 30x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.46 | −0.008% | $109K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.44 | −0.023% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.48 | +0.010% | $598K | $7.1M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.49 | +0.019% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.05 | −0.346% | $2.2M | $977K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.38 | −0.072% | $993K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0004% | 1h | 121.03 | −0.360% | — | $64K | 25x | as long as short |
| Extended HOOD_24_5-USD | +0.0016% | 1h | 121.46 | −0.006% | $357K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | +0.0023% | 8h | 121.50 | +0.024% | $21.0M | $90.4M | 20x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Vest HOOD-USD-PERP
Extended HOOD_24_5-USD
Binance HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0038% | 1h | 121.48 | +0.010% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.37 | −0.080% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.35 | −0.097% | $51.1M | $26.9M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.14 | −0.270% | $253K | $335K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.11 | −0.294% | $1.2M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 121.41 | −0.051% | $2.9M | $3.2M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0080% | 8h | 121.00 | −0.385% | $175K | $176K | 20x | as long as short |
| Bybit HOODUSDT | +0.0081% | 8h | 121.42 | −0.039% | $3.7M | $8.1M | 25x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.47 | long leg | $74K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.23 | −0.195% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.78 | −0.566% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.34 | −0.105% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.28 | −0.153% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.29 | −0.969% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −1.307% | $195K | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0420% | 1h | 121.27 | −0.162% | $723 | $4K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 121.50 | +0.025% | $421K | $1.3M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0506% | 8h | 121.18 | −0.235% | $849K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0659% | 4h | 121.13 | −0.277% | $365K | $304K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0740% | 1h | 121.32 | −0.121% | $6K | $53K | 10x | as long as short |
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
BloFin HOOD-USDT
Bybit HOODUSDT
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
SoDEX HOOD-USD
RISEx HOOD/USDC
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL