Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: Pacifica against Binance+0.012%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 2 days (all we have)−0.065%−$6 · spread now +0.012%, 7d avg −0.035%
=Together, before fees0.000%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.047% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOODUSDT | 121.92 | 0 | get 0.0000% / 8h | 6h 18m | $21.1M | $90.7M | 20x |
| Short | Pacifica HOOD | 121.93 | 0.0100 | get 0.0013% / 1h | 18m 36s | $68K | $110K | 10x |
Binance HOODUSDT
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.012% → −0.035%
- $4.71
- Slippage, 4 orders
- −$18.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$10.42
- Costs to cover
- 0.361%
- Break-even
- 10.5 days
Slippage from Binance: live order book, 9 min ago; Pacifica: live order book, 49 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, 9 min ago | 0.41 bp | 7.8 bp −$8 | 14.2 bp −$142 | 50.3 bp −$5,033 | doesn't fit |
| Sell Pacifica live order book, 49 min ago | 3.50 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
HOOD on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0128% | 1h | 121.74 | −0.146% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.87 | −0.040% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.89 | −0.022% | $359K | $1.4M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 121.92 | long leg | $21.1M | $90.7M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.91 | −0.007% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.96 | +0.034% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.91 | −0.007% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.94 | +0.018% | $577K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.00 | +0.067% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.93 | +0.011% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.93 | +0.008% | $855K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.80 | −0.097% | $996K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0029% | 1h | 121.77 | −0.122% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.88 | −0.036% | $2.9M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.89 | −0.023% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.82 | −0.081% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.80 | −0.099% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.92 | +0.001% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | −0.114% | $195K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0065% | 1h | 121.89 | −0.023% | $52.4M | $28.0M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 121.93 | +0.012% | $68K | $110K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.91 | −0.007% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.93 | +0.009% | $5K | $91K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.79 | −0.105% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.77 | −0.120% | $16K | — | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0161% | 1h | 121.82 | −0.081% | $7K | $68K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.442% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.94 | +0.018% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0602% | 4h | 121.95 | +0.025% | $367K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC