Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: tradeXYZ against Variational Omni−0.208%7-day average −0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.208%, 7d avg −0.080%
=Together, before fees+0.168%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.127% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.080%). If the spread goes back, that is −$13 on $10k: about 8.5 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.028% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HOOD | 120.36 | 0 | get 0.0000% / 8h | 7h 33m | $2.2M | $980K | — |
| Short | tradeXYZ xyz:HOOD | 120.11 | 0.0050 | get 0.0006% / 1h | 33m 53s | $50.7M | $27.2M | 10x |
Variational Omni HOOD
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Variational Omni. 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
- $10.5
- Price spread: −0.208% → −0.080%
- −$12.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$20.25
- Costs to cover
- 0.180%
- Break-even
- 20.5 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; tradeXYZ: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 3.20 bp | doesn't fit | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.25 bp | 11.4 bp −$11 | 14.3 bp −$143 | 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 | 119.92 | −0.366% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0055% | 8h | 120.22 | −0.116% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.27 | −0.075% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.29 | −0.061% | $355K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.19 | −0.141% | $20.8M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.23 | −0.108% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.15 | −0.175% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.33 | −0.025% | $601K | $7.0M | 50x | as long as short |
| Variational Omni HOODlong | 0.0000% | 8h | 120.36 | long leg | $2.2M | $980K | — | |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.31 | −0.042% | $6K | $53K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.37 | +0.008% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0006% | 1h | 120.14 | −0.183% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.35 | −0.005% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.28 | −0.067% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.24 | −0.100% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 120.11 | −0.208% | $50.7M | $27.2M | 10x | |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.30 | −0.050% | $251K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.33 | −0.023% | $717 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.24 | −0.100% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.31 | −0.043% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.36 | 0.000% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.27 | −0.075% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.27 | −0.075% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.32 | −0.029% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | +0.041% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.31 | −0.042% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.399% | $195K | $1.8M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0243% | 8h | 120.31 | −0.045% | $852K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0292% | 4h | 120.34 | −0.016% | $362K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.36 | +0.004% | $418K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
RISEx HOOD/USDC