Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.051%
Price spread now: Binance against QFEX+0.048%7-day average +0.017% · 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−$24as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 3 days (all we have)+0.035%+$4 on $10k
+Price spread, last 2 days (all we have)−0.013%−$1 · spread now +0.048%, 7d avg +0.017%
=The price spread pays, funding is against you. Binance is 0.032% dearer against QFEX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.017%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 122.80 | 0.0027 | pay 0.0003% / 1h | 13m 11s | $1.3M | $4.3M | 10x |
| Short | Binance HOODUSDT | 122.86 | 0.0002 | get 0.0002% / 8h | 13m 11s | $21.9M | $88.8M | 20x |
QFEX HOOD-USD
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$5.23
- Price spread: +0.048% → +0.017%
- $3.16
- Slippage, 4 orders
- −$7.65
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.72
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 15 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 QFEX live order book, 5 min ago | 1.63 bp | 6.6 bp −$7 | 6.6 bp −$66 | 12.2 bp −$1,218 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.41 bp | 6.9 bp −$7 | 12.2 bp −$122 | 37.3 bp −$3,730 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0027% | 1h | 122.68 | −0.098% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.81 | +0.006% | $108K | $263K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.81 | +0.010% | $411K | $1.1M | 10x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.85 | +0.041% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.85 | +0.041% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.78 | −0.020% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.86 | +0.049% | $566K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.83 | +0.024% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | +0.038% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.83 | +0.028% | $861K | $2.0M | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
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 | 122.86 | +0.049% | $1.0M | $8K | 10x | as long as short |
| Binance HOODUSDTshort | +0.0002% | 8h | 122.86 | +0.048% | $21.9M | $88.8M | 20x | |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.80 | 0.000% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.033% | $199K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0009% | 8h | 122.82 | +0.016% | $182K | $125K | 20x | as long as short |
| QFEX HOOD-USDlong | +0.0027% | 1h | 122.80 | long leg | $1.3M | $4.3M | 10x | |
| Lighter HOOD | +0.0032% | 1h | 122.81 | +0.008% | $2.9M | $2.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.74 | −0.049% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.75 | −0.041% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.80 | −0.002% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.72 | −0.065% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0051% | 1h | 122.82 | +0.016% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.78 | −0.020% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.82 | +0.016% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.76 | −0.033% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.76 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.80 | −0.001% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.84 | +0.033% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0534% | 4h | 122.82 | +0.012% | $369K | $309K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0565% | 1h | 122.86 | +0.049% | $8K | $70K | 10x | as long as short |
Phemex HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Lighter HOOD
Arcus HOOD-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL