Funding you earn now, next payment 08:00 UTC+0.0379%/8h= +41.5% APRnext payment +$0.47 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Pacifica+0.078%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 4 days (all we have)+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.078%, 7d avg +0.051%
=Together, before fees−0.023%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.026% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.080% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 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 | 120.53 | 0.0100 | pay 0.0013% / 1h | 32m 22s | $74K | $111K | 10x |
| Short | RISEx HOOD/USDC | 120.62 | 0.0479 | get 0.0060% / 1h | 32m 22s | $397K | $1.4M | 10x |
Pacifica HOOD
RISEx HOOD/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $79.57
- Price spread: +0.078% → +0.051%
- $2.64
- Slippage, 4 orders
- −$14.72
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $53.49
- Costs to cover
- 0.287%
- Break-even
- 2.3 days
Slippage from Pacifica: live order book, 5 min ago; RISEx: live order book, 1 min ago.
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, 5 min ago | 1.95 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 1 min ago | 2.07 bp | 5.1 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
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 PERP | −0.0440% | 1h | 120.48 | −0.038% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.61 | +0.070% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0091% | 8h | 120.62 | +0.078% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.57 | +0.040% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.53 | +0.001% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.54 | +0.012% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.56 | +0.028% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.55 | +0.020% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.108% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.044% | $852K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.58 | +0.045% | $987K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0001% | 1h | 120.34 | −0.154% | $251K | $345K | 10x | as long as short |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.177% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0020% | 1h | 120.36 | −0.138% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.53 | +0.003% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.55 | +0.020% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.49 | −0.030% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.56 | +0.030% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.49 | −0.030% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.55 | +0.018% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 120.53 | long leg | $74K | $111K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.57 | +0.037% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.50 | −0.022% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | +0.045% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.55 | +0.016% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.59 | +0.053% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.119% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.153% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDCshort | +0.0479% | 1h | 120.62 | +0.078% | $397K | $1.4M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0580% | 1h | 120.58 | +0.045% | $6K | $52K | 10x | as long as short |
Phemex HOODUSDT
Polymarket Perps HOOD-USD
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL