HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0560%/8h= −61.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.004%

Price spread now: Injective against Coinbase International+0.091%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.338%−$34 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.091% dearer against Coinbase International than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.338% in total) that is about 45 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.338% in total (about -17.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International HOOD-PERP-INTX	121.10	0.0120	pay 0.0015% / 1h	43m 07s	$193K	$1.9M	10x
Short	Injective HOOD/USDC PERP	121.21	−0.0440	pay 0.0055% / 1h	43m 07s	$58K	$57K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now +0.091%Rate

Funding earned: −$117.6
Price spread: +0.091% → 0.000%: $9.08
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$118.54
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

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, 1 min ago	2.06 bp	7.1 bp −$7	10.4 bp −$104	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPshort	−0.0440%	1h	121.21	+0.091%	$58K	$57K	30x
Gate HOOD_USDT	−0.0100%	8h	121.26	+0.132%	$574K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0004%	8h	121.25	+0.124%	$5.4M	$9.7M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.24	+0.118%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.17	+0.059%	$357K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.21	+0.095%	$20.8M	$91.1M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.22	+0.099%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.23	+0.107%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.24	+0.112%	$389K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	121.32	+0.185%	$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	121.28	+0.147%	$848K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.23	+0.107%	$992K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0015%	1h	121.01	−0.074%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.18	+0.066%	$1.3M	$3.4M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.23	+0.107%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.15	+0.041%	$51.5M	$28.3M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	121.02	−0.066%	$251K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.20	+0.082%	$730	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.16	+0.050%	$1.2M	$1.5M	15x	as long as short
edgeX HOODUSDC	+0.0073%	4h	121.33	+0.190%	$365K	$305K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.22	+0.098%	$68K	$109K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.27	+0.140%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.24	+0.116%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.20	+0.083%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.15	+0.045%	$16K	—	10x	as long as short
Coinbase International HOOD-PERP-INTXlong	+0.0120%	1h	121.10	long leg	$193K	$1.9M	10x
BloFin HOOD-USDT	+0.0120%	8h	121.25	+0.124%	$174K	$160K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.34	+0.198%	$27K	$238K	10x	as long as short
Lighter HOOD	+0.0184%	1h	121.17	+0.060%	$2.8M	$3.1M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0493%	1h	121.17	+0.058%	$6K	$57K	10x	as long as short