Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.014%
Price spread now: QFEX against Bybit−0.016%7-day average −0.029% · 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−$390.391% of the position
Funding, last 4 days (all we have)−0.043%−$4 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.016%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$1 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 | 121.60 | 0 | get 0.0000% / 8h | 5h 46m | $3.9M | $8.7M | 25x |
| Short | QFEX HOOD-USD | 121.58 | 0.0024 | get 0.0003% / 1h | 46m 23s | $1.3M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.09
- Price spread: −0.016% → −0.029%
- $1.21
- Slippage, 4 orders
- −$18.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$32.76
- Costs to cover
- 0.391%
- Break-even
- 52.1 days
Slippage from Bybit: live order book, 2 min ago; QFEX: live order book, 7 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, 2 min ago | 1.64 bp | 13.7 bp −$14 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.64 bp | 6.9 bp −$7 | 8.3 bp −$83 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0184% | 1h | 121.39 | −0.173% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.58 | −0.014% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.57 | −0.027% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.61 | +0.007% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.60 | long leg | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.65 | +0.041% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.59 | −0.007% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.61 | +0.008% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.63 | +0.025% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | −0.007% | $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 | 121.59 | −0.006% | $858K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.58 | −0.016% | $994K | $8K | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0024% | 1h | 121.58 | −0.016% | $1.3M | $3.8M | 10x | |
| Vest HOOD-USD-PERP | +0.0026% | 1h | 121.43 | −0.140% | — | $62K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.58 | −0.016% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.56 | −0.033% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.54 | −0.049% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.55 | −0.038% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.51 | −0.074% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.049% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.59 | −0.012% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.60 | 0.000% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | −0.041% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.58 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.57 | −0.027% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.62 | +0.016% | — | $159K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0161% | 1h | 121.63 | +0.025% | $7K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0187% | 4h | 121.56 | −0.032% | $366K | $305K | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.57 | −0.025% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.164% | $58K | $57K | 30x | as long as short |
Bybit HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
Phoenix HOOD
Injective HOOD/USDC PERP