Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.003%
Price spread now: Variational Omni against QFEX+0.025%47s7-day average +0.049% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.011%+$1 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.025%, 7d avg +0.049%
=Together, before fees+0.027%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.024% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.049%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 120.39 | 0.0046 | pay 0.0006% / 1h | 7m 45s | $1.3M | $2.9M | 10x |
| Short | Variational Omni HOOD | 120.42 | 0 | get 0.0000% / 8h | 7m 45s | $2.2M | $1.0M | — |
QFEX HOOD-USD
Variational Omni HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$9.56
- Price spread: +0.025% → +0.049%
- −$2.45
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$22.01
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. 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 QFEX live order book, 5 min ago | 1.66 bp | 6.7 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.07 bp | doesn't fit | 29.0 bp −$290 | 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 | 120.22 | −0.141% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0162% | 8h | 120.44 | +0.042% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0160% | 8h | 120.41 | +0.017% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0024% | 1h | 120.20 | −0.158% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.42 | +0.026% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.36 | −0.023% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.39 | 0.000% | $20.7M | $91.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.38 | −0.008% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.36 | −0.025% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOODshort | 0.0000% | 8h | 120.42 | +0.025% | $2.2M | $1.0M | — |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.42 | +0.026% | $844K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.43 | +0.033% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.22 | −0.141% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.32 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USDlong | +0.0046% | 1h | 120.39 | long leg | $1.3M | $2.9M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.32 | −0.058% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.38 | −0.007% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | +0.025% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 120.38 | −0.008% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.37 | −0.017% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.43 | +0.033% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.39 | 0.000% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.40 | +0.008% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.36 | −0.027% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.43 | +0.033% | $173K | $175K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0166% | 1h | 120.37 | −0.017% | $6K | $52K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.33 | −0.050% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.43 | +0.033% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.45 | +0.050% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0701% | 4h | 120.43 | +0.037% | $362K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC