Funding you earn now, next payment 03:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against ApeX Omni−0.049%7-day average +0.016% · 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−$103as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 4 days (all we have)−0.083%−$8 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.049%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.065% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HOODUSDT | 121.62 | 0.0100 | pay 0.0013% / 1h | 49m 27s | $5K | $41K | 50x |
| Short | QFEX HOOD-USD | 121.56 | 0.0024 | get 0.0003% / 1h | 49m 27s | $1.3M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against ApeX 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
- −$15.91
- Price spread: −0.049% → +0.016%
- −$6.53
- Slippage, 4 orders
- −$76.21
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$118.65
- Costs to cover
- 0.962%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 76 min ago; QFEX: live order book, 4 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 ApeX Omni live order book, 76 min ago | 3.26 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.64 bp | 6.9 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
HOOD on 29 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 | −0.0197% | 1h | 121.37 | −0.206% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.56 | −0.046% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.54 | −0.064% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.56 | −0.049% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.60 | −0.016% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.57 | −0.041% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.55 | −0.055% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.61 | −0.008% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.61 | −0.008% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | −0.024% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.59 | −0.023% | $858K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.53 | −0.074% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.57 | −0.041% | $994K | $8K | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0024% | 1h | 121.56 | −0.049% | $1.3M | $3.8M | 10x | |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.45 | −0.140% | — | $62K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.58 | −0.035% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.55 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.52 | −0.082% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.53 | −0.070% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.49 | −0.107% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.066% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.58 | −0.032% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.60 | −0.016% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDTlong | +0.0100% | 1h | 121.62 | long leg | $5K | $41K | 50x | |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.56 | −0.049% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.51 | −0.088% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.59 | −0.025% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.181% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 121.56 | −0.048% | $366K | $304K | 10x | as long as short |
ApeX Omni HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC