Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Binance−0.014%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1111.105% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.014%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.080%, 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 | Binance HOODUSDT | 121.22 | 0 | get 0.0000% / 8h | 3h 38m | $20.8M | $91.2M | 20x |
| Short | KuCoin HOODUSDTM | 121.20 | 0.0100 | get 0.0100% / 8h | 3h 38m | $1.3M | $1.2M | 20x |
Binance HOODUSDT
KuCoin HOODUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.014% → −0.032%
- $1.79
- Slippage, 4 orders
- −$88.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$87.74
- Costs to cover
- 1.105%
- Break-even
- 36.2 days
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 2 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 Binance live order book, 4 min ago | 0.41 bp | 7.2 bp −$7 | 15.0 bp −$150 | 53.0 bp −$5,302 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.47 bp | 34.8 bp −$35 | doesn't fit | 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 | 120.89 | −0.270% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0108% | 8h | 121.23 | +0.011% | $574K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0037% | 8h | 121.24 | +0.019% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.15 | −0.052% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.18 | −0.028% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.22 | long leg | $20.8M | $91.2M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.20 | −0.014% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.26 | +0.036% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.23 | +0.007% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.110% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.11 | −0.092% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.19 | −0.022% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.98 | −0.195% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.12 | −0.080% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.13 | −0.072% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.10 | −0.096% | $51.4M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.00 | −0.179% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.14 | −0.062% | $729 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.95 | −0.220% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0093% | 4h | 121.12 | −0.082% | $364K | $304K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.21 | −0.005% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 121.20 | −0.014% | $1.3M | $1.2M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.14 | −0.063% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.13 | −0.072% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.13 | −0.068% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.096% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.20 | −0.014% | $174K | $158K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | −0.030% | $27K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0176% | 1h | 121.14 | −0.062% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0659% | 1h | 121.16 | −0.047% | $6K | $57K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
edgeX HOODUSDC
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL