Funding you earn now, next payment 08:00 UTC−0.0133%/8h= −14.6% APRnext payment −$1.33 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against Bybit+0.050%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.050%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 120.96 | 0 | get 0.0000% / 8h | 1h 16m | $3.7M | $8.8M | 25x |
| Short | Bitget HOODUSDT | 121.02 | −0.0133 | pay 0.0133% / 8h | 1h 16m | $5.5M | $10.0M | 20x |
Bybit HOODUSDT
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$27.93
- Price spread: +0.050% → +0.039%
- $1.06
- Slippage, 4 orders
- −$23.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.7
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago | 0.83 bp | 13.6 bp −$14 | 66.5 bp −$665 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.65 bp | 11.0 bp −$11 | 22.4 bp −$224 | 133.3 bp −$13.3K | 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 | 120.61 | −0.289% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0170% | 8h | 121.01 | +0.041% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTshort | −0.0133% | 8h | 121.02 | +0.050% | $5.5M | $10.0M | 20x | |
| Aster HOODUSDT | 0.0000% | 8h | 120.87 | −0.078% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.96 | −0.003% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.99 | +0.025% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 120.96 | long leg | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.96 | 0.000% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.95 | −0.005% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.92 | −0.034% | $846K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.97 | +0.008% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.76 | −0.165% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.82 | −0.116% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.78 | −0.149% | $252K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.97 | +0.004% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.94 | −0.017% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.96 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0089% | 1h | 120.88 | −0.066% | $51.4M | $27.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.96 | −0.003% | $74K | $112K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.90 | −0.050% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.89 | −0.058% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.99 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.95 | −0.008% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 120.92 | −0.037% | $2.8M | $3.2M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.02 | +0.050% | $173K | $162K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.298% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.85 | −0.091% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 121.04 | +0.065% | $395K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0660% | 1h | 120.96 | 0.000% | $6K | $52K | 10x | as long as short |
| edgeX HOODUSDC | +0.0980% | 4h | 120.94 | −0.016% | $364K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Lighter HOOD
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC