Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.015%
Price spread now: Coinbase International against Arcus−0.155%7-day average −0.090% · 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−$53as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 3 days (all we have)−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.155%, 7d avg −0.090%
=Funding pays, the price is against you. Coinbase International is 0.065% cheaper against Arcus than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.090%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 122.53 | 0.0040 | pay 0.0005% / 1h | 47m 17s | $1.1M | $1.7M | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 122.34 | 0.0096 | get 0.0012% / 1h | 47m 17s | $202K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $11.7
- Price spread: −0.155% → −0.090%
- −$6.49
- Slippage, 4 orders
- −$32.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$41.55
- Costs to cover
- 0.468%
- Break-even
- 31.9 days
Slippage from Arcus: live order book, 2 min ago; Coinbase International: live order book, 1 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, 2 min ago | 0.41 bp | 10.2 bp −$10 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 7.34 bp | 14.0 bp −$14 | 17.3 bp −$173 | 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 | 122.64 | +0.091% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.68 | +0.126% | $369K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.72 | +0.155% | $22.0M | $89.2M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.73 | +0.163% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.67 | +0.118% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.68 | +0.122% | $565K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.77 | +0.196% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.48 | −0.040% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.46 | −0.055% | $860K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.70 | +0.139% | $1.0M | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.72 | +0.155% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 122.53 | long leg | $1.1M | $1.7M | 10x | |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.53 | 0.000% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.57 | +0.033% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.66 | +0.105% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.40 | −0.106% | $1.2M | $1.6M | 15x | as long as short |
| Bybit HOODUSDT | +0.0051% | 8h | 122.75 | +0.180% | $3.9M | $8.7M | 25x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0096% | 1h | 122.34 | −0.155% | $202K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.65 | +0.099% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.65 | +0.098% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.45 | −0.065% | $5K | $109K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.65 | +0.098% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.68 | +0.121% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.72 | +0.155% | $181K | $125K | 20x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 122.68 | +0.123% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.48 | −0.041% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.229% | $63K | $49K | 30x | as long as short |
| tradeXYZ xyz:HOOD | +0.0294% | 1h | 122.65 | +0.098% | $52.6M | $28.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0484% | 1h | 122.67 | +0.114% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0790% | 4h | 122.46 | −0.053% | $369K | $309K | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Bybit HOODUSDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Lighter HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC