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: Binance against Bybit0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now 0.000%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 120.92 | 0 | get 0.0000% / 8h | 1h 52m | $3.7M | $8.9M | 25x |
| Short | Binance HOODUSDT | 120.92 | 0 | get 0.0000% / 8h | 1h 52m | $20.9M | $92.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: 0.000% → +0.023%
- −$2.3
- Slippage, 4 orders
- −$22.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.27
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 5 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 Bybit live order book, 6 min ago | 0.82 bp | 13.9 bp −$14 | 44.3 bp −$443 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.24 bp | 7.5 bp −$8 | 16.0 bp −$160 | 61.2 bp −$6,125 | 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 | 120.80 | −0.099% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0169% | 8h | 121.00 | +0.066% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0081% | 8h | 120.98 | +0.050% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.96 | +0.029% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.94 | +0.014% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 120.92 | 0.000% | $20.9M | $92.3M | 20x | |
| Bybit HOODUSDTlong | 0.0000% | 8h | 120.92 | long leg | $3.7M | $8.9M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.97 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.95 | +0.028% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.96 | +0.033% | $853K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.96 | +0.033% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.72 | −0.165% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.90 | −0.017% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.72 | −0.165% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.92 | −0.004% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.81 | −0.091% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.91 | −0.008% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.95 | +0.024% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.00 | +0.066% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.98 | +0.050% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.96 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.94 | +0.019% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.97 | +0.041% | $174K | $158K | 20x | as long as short |
| Lighter HOOD | +0.0168% | 1h | 120.94 | +0.017% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | +0.008% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.99 | +0.058% | $28K | $238K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0225% | 1h | 120.85 | −0.058% | $51.3M | $27.9M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.98 | +0.054% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0883% | 4h | 120.95 | +0.026% | $364K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0908% | 1h | 120.99 | +0.058% | $6K | $52K | 10x | as long as short |
Bybit HOODUSDT
Binance HOODUSDT
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
tradeXYZ xyz:HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL