Funding you earn now, next payment 01:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.029%
Price spread now: KuCoin against Coinbase International+0.188%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)−0.185%−$19 · spread now +0.188%, 7d avg +0.134%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.134%. Mind the row above: over the last 7 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 122.19 | 0.0064 | pay 0.0008% / 1h | 59m 08s | $206K | $1.9M | 10x |
| Short | KuCoin HOODUSDTM | 122.42 | 0.0100 | get 0.0100% / 8h | 6h 59m | $1.3M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $7.56
- Price spread: +0.188% → +0.134%
- $5.42
- Slippage, 4 orders
- −$102.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$111.07
- Costs to cover
- 1.240%
- Break-even
- 109.8 days
Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 6 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, 5 min ago | 6.12 bp | 11.1 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.81 bp | 40.9 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.35 | +0.133% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.35 | +0.134% | $362K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.36 | +0.138% | $21.8M | $89.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.36 | +0.139% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.35 | +0.131% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.34 | +0.126% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.39 | +0.164% | $569K | $7.5M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.47 | +0.229% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.45 | +0.216% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.43 | +0.197% | $856K | $1.9M | 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 | 122.40 | +0.172% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.33 | +0.115% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.25 | +0.049% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.50 | +0.254% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.24 | +0.041% | $254K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.35 | +0.131% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.28 | +0.074% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 122.33 | +0.114% | $2.8M | $2.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0064% | 1h | 122.19 | long leg | $206K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.34 | +0.121% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 122.42 | +0.188% | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.303% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.33 | +0.115% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.34 | +0.127% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.44 | +0.205% | $181K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 122.93 | +0.606% | $63K | $49K | 30x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.336% | $28K | $237K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0226% | 1h | 122.33 | +0.115% | $52.4M | $27.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0323% | 1h | 122.31 | +0.098% | $8K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.318% | $369K | $305K | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC