Funding you earn now, next payment 09:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.050%
Price spread now: edgeX against Coinbase International+0.181%77s7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.181%, 7d avg +0.165%
=Together, before fees+0.133%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.165%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.81 | 0.0176 | pay 0.0022% / 1h | 14m 05s | $229K | $1.6M | 10x |
| Short | edgeX HOODUSDC | 122.03 | 0.0304 | get 0.0152% / 4h | 2h 14m | $367K | $304K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- $26.83
- Price spread: +0.181% → +0.165%
- $1.63
- Slippage, 4 orders
- −$21.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$11.76
- Costs to cover
- 0.402%
- Break-even
- 10.1 days
Slippage from Coinbase International: live order book, 3 min ago; edgeX: live order book, 37 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 Coinbase International live order book, 3 min ago | 1.64 bp | 6.6 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 6.58 bp | 11.6 bp −$12 | 21.3 bp −$213 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.09 | +0.230% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.98 | +0.140% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.01 | +0.164% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.99 | +0.148% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.00 | +0.156% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.03 | +0.181% | $999K | $7K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.01 | +0.164% | $1.1M | $1.9M | 10x | as long as short |
| Variational Omni HOOD | +0.0041% | 8h | 122.03 | +0.184% | $2.3M | $915K | — | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.84 | +0.025% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.87 | +0.049% | $252K | $337K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 121.98 | +0.144% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.88 | +0.057% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.04 | +0.189% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.02 | +0.172% | $73K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.01 | +0.164% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.87 | +0.049% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.97 | +0.131% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.96 | +0.124% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0145% | 1h | 121.90 | +0.074% | $51.4M | $25.6M | 10x | as long as short |
| Lighter HOOD | +0.0160% | 1h | 122.00 | +0.160% | $2.9M | $3.0M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0176% | 1h | 121.96 | +0.124% | $418K | $2.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0176% | 1h | 121.81 | long leg | $229K | $1.6M | 10x | |
| Binance HOODUSDT | +0.0177% | 8h | 122.00 | +0.156% | $21.2M | $87.3M | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.00 | +0.156% | $28K | $239K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0296% | 8h | 122.08 | +0.222% | $174K | $180K | 20x | as long as short |
| edgeX HOODUSDCshort | +0.0304% | 4h | 122.03 | +0.181% | $367K | $304K | 10x | |
| GRVT HOOD_USDT_Perp | +0.0433% | 8h | 122.03 | +0.183% | $857K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.099% | $28K | $96K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0653% | 1h | 121.98 | +0.140% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.07 | +0.213% | $436K | $1.3M | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Variational Omni HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
Lighter HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC