Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.069%
Price spread now: RISEx against Bitget−0.042%7-day average +0.006% · 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−$38as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 4 days (all we have)+0.145%+$15 on $10k
+Price spread, last 5 days (all we have)+0.196%+$20 · spread now −0.042%, 7d avg +0.006%
=Funding pays, the price is against you. RISEx is 0.048% cheaper against Bitget than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.145% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 121.21 | −0.0032 | get 0.0032% / 8h | 3h 39m | $5.4M | $9.7M | 20x |
| Short | RISEx HOOD/USDC | 121.16 | 0 | get 0.0000% / 1h | 39m 38s | $383K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Bitget. 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
- $6.72
- Price spread: −0.042% → +0.006%
- −$4.83
- Slippage, 4 orders
- −$14.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$30.99
- Costs to cover
- 0.329%
- Break-even
- 39.3 days
Slippage from Bitget: live order book, 4 min ago; RISEx: 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 Bitget live order book, 4 min ago | 2.06 bp | 12.0 bp −$12 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.65 bp | 4.6 bp −$5 | 5.4 bp −$54 | 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 | 121.21 | 0.000% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0107% | 8h | 121.18 | −0.025% | $574K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTlong | −0.0032% | 8h | 121.21 | long leg | $5.4M | $9.7M | 20x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.15 | −0.050% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.11 | −0.080% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.15 | −0.048% | $20.8M | $91.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.16 | −0.041% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.15 | −0.050% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 121.16 | −0.042% | $383K | $1.4M | 10x | |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.104% | $2.3M | $1.1M | — | as long as short |
Show 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 | −0.086% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.16 | −0.041% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.96 | −0.206% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.16 | −0.041% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.12 | −0.074% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0049% | 1h | 120.96 | −0.206% | $251K | $344K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.08 | −0.107% | $51.4M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.12 | −0.075% | $729 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.95 | −0.215% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0093% | 4h | 121.12 | −0.077% | $364K | $304K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.15 | −0.052% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.19 | −0.017% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.14 | −0.058% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.13 | −0.066% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.11 | −0.081% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.091% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.14 | −0.058% | $174K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | −0.025% | $27K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0168% | 1h | 121.14 | −0.054% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0411% | 1h | 121.12 | −0.074% | $6K | $57K | 10x | as long as short |
Bitget HOODUSDT
RISEx HOOD/USDC
Injective HOOD/USDC PERP
Gate HOOD_USDT
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
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL