Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.013%
Price spread now: ApeX Omni against Arcus−0.016%53s7-day average +0.045% · 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—prices read too far apart to compare
costs, in and out, $10k−$1021.024% of the position
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.016%, 7d avg +0.045%
=Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against Arcus than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.045%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day). The two prices were read 53 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 | Arcus HOOD-USD | 121.80 | 0.0040 | pay 0.0005% / 1h | 13m 49s | $1.1M | $1.7M | 10x |
| Short | ApeX Omni HOODUSDT | 121.78 | 0.0100 | get 0.0013% / 1h | 13m 49s | $5K | $91K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Arcus. 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
- $12.54
- Price spread: −0.016% → +0.045%
- −$6.15
- Slippage, 4 orders
- −$87.86
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$95.97
- Costs to cover
- 1.024%
- Break-even
- 60.6 days
Slippage from Arcus: live order book, 5 min ago; ApeX Omni: live order book, 52 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 Arcus live order book, 5 min ago | 0.41 bp | 11.9 bp −$12 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 3.26 bp | 47.4 bp −$47 | doesn't fit | 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 | −0.0131% | 1h | 121.70 | −0.082% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.99 | +0.158% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.93 | +0.106% | $359K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.96 | +0.131% | $21.1M | $90.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.01 | +0.172% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.97 | +0.140% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.86 | +0.045% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.90 | +0.082% | $576K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.01 | +0.172% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.84 | +0.035% | $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 | 121.81 | +0.009% | $854K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.86 | +0.049% | $8K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.87 | +0.057% | $997K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0028% | 1h | 121.75 | −0.041% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.98 | +0.149% | $2.9M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.85 | +0.041% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 121.80 | long leg | $1.1M | $1.7M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.87 | +0.059% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.72 | −0.066% | $1.2M | $1.6M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0061% | 1h | 121.99 | +0.156% | $52.5M | $28.0M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | −0.016% | $195K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.99 | +0.158% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.96 | +0.131% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDTshort | +0.0100% | 1h | 121.78 | −0.016% | $5K | $91K | 50x | |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.90 | +0.082% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.85 | +0.042% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.345% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.131% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0462% | 4h | 121.79 | −0.006% | $367K | $305K | 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
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC