Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX−0.008%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 3 days (all we have)+0.015%+$2 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.008%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.076% cheaper against QFEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 122.27 | 0.0034 | pay 0.0004% / 1h | 57m 59s | $1.3M | $4.1M | 10x |
| Short | Bitget HOODUSDT | 122.26 | 0 | get 0.0000% / 8h | 6h 57m | $5.5M | $9.5M | 20x |
QFEX HOOD-USD
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$7.07
- Price spread: −0.008% → +0.068%
- −$7.63
- Slippage, 4 orders
- −$11.58
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.29
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 10 min ago; Bitget: live order book, just now.
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, 10 min ago | 2.04 bp | 7.0 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 2.05 bp | 8.8 bp −$9 | 26.8 bp −$268 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.21 | −0.053% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.18 | −0.077% | $361K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.20 | −0.055% | $21.7M | $89.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.25 | −0.016% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.22 | −0.041% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.26 | −0.011% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.24 | −0.025% | $568K | $7.5M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 122.26 | −0.008% | $5.5M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.45 | +0.150% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.43 | +0.131% | $856K | $1.9M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.17 | −0.082% | $8K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.16 | −0.090% | $999K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0027% | 1h | 122.03 | −0.196% | $253K | $345K | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0034% | 1h | 122.27 | long leg | $1.3M | $4.1M | 10x | |
| Vest HOOD-USD-PERP | +0.0037% | 1h | 122.12 | −0.123% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 122.15 | −0.100% | $2.8M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.44 | +0.139% | $1.1M | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.16 | −0.090% | $736 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.28 | +0.008% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 122.19 | −0.065% | $206K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0082% | 1h | 122.15 | −0.098% | $52.3M | $27.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.29 | +0.018% | $70K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.28 | +0.008% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.237% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.18 | −0.074% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.12 | −0.124% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.44 | +0.139% | $181K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 122.93 | +0.540% | $63K | $49K | 30x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.270% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.253% | $369K | $305K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC