Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: tradeXYZ against Arcus+0.008%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 4 days (all we have)−0.077%−$8 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.008%, 7d avg −0.002%
=Together, before fees−0.075%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 120.50 | 0.0040 | pay 0.0005% / 1h | 30m 40s | $1.1M | $1.7M | 10x |
| Short | tradeXYZ xyz:HOOD | 120.51 | 0.0050 | get 0.0006% / 1h | 30m 40s | $51.1M | $26.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.04
- Price spread: +0.008% → −0.002%
- $1
- Slippage, 4 orders
- −$18.37
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.83
- Costs to cover
- 0.409%
- Break-even
- 136.7 days
Slippage from Arcus: live order book, 3 min ago; tradeXYZ: live order book, 9 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, 3 min ago | 0.83 bp | 10.1 bp −$10 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.83 bp | 11.8 bp −$12 | 17.9 bp −$179 | 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 | 120.48 | −0.017% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.58 | +0.066% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0097% | 8h | 120.62 | +0.100% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.60 | +0.081% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.53 | +0.023% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.54 | +0.033% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.58 | +0.066% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.54 | +0.033% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.58 | +0.064% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.066% | $852K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.56 | +0.050% | $986K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0002% | 1h | 120.40 | −0.083% | $251K | $345K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0020% | 1h | 120.38 | −0.100% | — | $63K | 25x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 120.50 | long leg | $1.1M | $1.7M | 10x | |
| QFEX HOOD-USD | +0.0046% | 1h | 120.55 | +0.041% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 120.51 | +0.008% | $51.1M | $26.9M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.52 | +0.019% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.49 | −0.008% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.53 | +0.025% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.53 | +0.026% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.60 | +0.083% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.46 | −0.033% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.56 | +0.050% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.54 | +0.034% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.57 | +0.058% | $173K | $175K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.47 | −0.025% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.55 | +0.041% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.61 | +0.091% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0663% | 4h | 120.58 | +0.068% | $363K | $305K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0746% | 1h | 120.56 | +0.050% | $6K | $52K | 10x | as long as short |
tradeXYZ xyz:HOOD
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL