Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Binance−0.036%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.036%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 120.40 | 0 | get 0.0000% / 8h | 6m 53s | $20.7M | $91.9M | 20x |
| Short | OKX HOOD-USDT-SWAP | 120.36 | 0 | get 0.0000% / 8h | 6m 53s | $2.7M | $6.2M | 20x |
Binance HOODUSDT
OKX HOOD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.036% → −0.003%
- −$3.36
- Slippage, 4 orders
- −$21.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.39
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: 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 Binance live order book, 6 min ago | 0.83 bp | 7.8 bp −$8 | 14.7 bp −$147 | 60.3 bp −$6,028 | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.83 bp | 11.0 bp −$11 | 29.1 bp −$291 | 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 | 120.22 | −0.152% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0162% | 8h | 120.44 | +0.030% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0160% | 8h | 120.43 | +0.022% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0025% | 1h | 120.21 | −0.161% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.42 | +0.014% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.36 | −0.035% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 120.40 | long leg | $20.7M | $91.9M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.38 | −0.020% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 120.36 | −0.036% | $2.7M | $6.2M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.42 | +0.014% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
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 | 120.42 | +0.015% | $844K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.41 | +0.005% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.21 | −0.161% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.32 | −0.069% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.41 | +0.005% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.33 | −0.061% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.37 | −0.026% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | +0.014% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 120.39 | −0.013% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0082% | 1h | 120.38 | −0.020% | $6K | $52K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.37 | −0.028% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.43 | +0.022% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.39 | −0.011% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.38 | −0.020% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.36 | −0.037% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.42 | +0.014% | $173K | $175K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.33 | −0.061% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.43 | +0.022% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.45 | +0.039% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0701% | 4h | 120.43 | +0.026% | $362K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC