Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.043%
Price spread now: Arcus against Aster−0.009%7-day average −0.060% · 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−$122as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
Funding, last 4 days (all we have)+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.009%, 7d avg −0.060%
=Together, before fees+0.069%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.051% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HOODUSDT | 120.83 | 0 | get 0.0000% / 8h | 1h 15m | $106K | $281K | 20x |
| Short | Arcus HOOD-USD | 120.82 | 0.0040 | get 0.0005% / 1h | 15m 15s | $1.1M | $1.7M | 10x |
Aster HOODUSDT
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aster. 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
- $8.46
- Price spread: −0.009% → −0.060%
- $5.1
- Slippage, 4 orders
- −$114.51
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$113.45
- Costs to cover
- 1.270%
- Break-even
- 100.9 days
Slippage from Aster: live order book, 27 min ago; Arcus: 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 Aster live order book, 27 min ago | 4.14 bp | 56.2 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 0.41 bp | 7.6 bp −$8 | 9.0 bp −$90 | 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 | −0.0392% | 1h | 120.61 | −0.183% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0172% | 8h | 120.90 | +0.058% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0123% | 8h | 120.91 | +0.066% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDTlong | 0.0000% | 8h | 120.83 | long leg | $106K | $281K | 20x | |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.86 | +0.023% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.90 | +0.057% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.87 | +0.033% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.87 | +0.033% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.93 | +0.081% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.92 | +0.073% | $846K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.91 | +0.066% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.70 | −0.108% | — | $63K | 25x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.82 | −0.009% | $1.1M | $1.7M | 10x | |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.68 | −0.125% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.86 | +0.027% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.94 | +0.091% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.83 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0089% | 1h | 120.82 | −0.009% | $51.4M | $27.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.90 | +0.060% | $74K | $112K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.88 | +0.041% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.87 | +0.033% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.87 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.86 | +0.020% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 120.86 | +0.027% | $2.8M | $3.2M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.90 | +0.058% | $173K | $162K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.191% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.95 | +0.099% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.93 | +0.082% | $395K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0412% | 1h | 120.84 | +0.008% | $6K | $52K | 10x | as long as short |
| edgeX HOODUSDC | +0.0588% | 4h | 120.99 | +0.130% | $364K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Lighter HOOD
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC