Funding you earn now, next payment 10:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.019%
Price spread now: Pacifica against Coinbase International+0.363%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.363%, 7d avg +0.135%
=Together, before fees−0.276%+ Points / potential airdropPacifica: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.227% dearer against Coinbase International than usual: you sell high and buy low (spread +0.363% now, against its 7-day average of +0.135%): +$23 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.81 | 0.0224 | pay 0.0028% / 1h | 4m 09s | $229K | $1.5M | 10x |
| Short | Pacifica HOOD | 122.25 | 0.0100 | get 0.0013% / 1h | 4m 09s | $73K | $115K | 10x |
Coinbase International HOOD-PERP-INTX
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$26.04
- Price spread: +0.363% → +0.135%
- $22.74
- Slippage, 4 orders
- −$17.18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$38.48
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 41 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 | 3.27 bp | 8.3 bp −$8 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 41 min ago | 0.57 bp | 9.9 bp −$10 | doesn't fit | 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 | 122.28 | +0.386% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.40 | +0.484% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.42 | +0.501% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.47 | +0.542% | $583K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.56 | +0.616% | $5.6M | $9.2M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.31 | +0.410% | $1.0M | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.099% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.36 | +0.454% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.16 | +0.287% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.49 | +0.558% | $51.7M | $24.7M | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
Vest HOOD-USD-PERP
tradeXYZ xyz:HOODShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.31 | +0.410% | $253K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.35 | +0.441% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.10 | +0.238% | $1.3M | $1.2M | 15x | as long as short |
| Variational Omni HOOD | +0.0065% | 8h | 122.18 | +0.306% | $2.3M | $870K | — | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.31 | +0.410% | $1.3M | $2.8M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 122.25 | +0.363% | $73K | $115K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.31 | +0.410% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.02 | +0.172% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.28 | +0.386% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.37 | +0.461% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0170% | 8h | 122.07 | +0.213% | $855K | $1.7M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0184% | 1h | 122.32 | +0.422% | $467K | $2.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0186% | 8h | 122.40 | +0.486% | $21.2M | $87.1M | 20x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.17 | +0.296% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0224% | 1h | 121.81 | long leg | $229K | $1.5M | 10x | |
| Arcus HOOD-USD | +0.0252% | 1h | 122.28 | +0.386% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0307% | 8h | 122.25 | +0.361% | $176K | $178K | 20x | as long as short |
| edgeX HOODUSDC | +0.0310% | 4h | 122.14 | +0.269% | $368K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0404% | 1h | 122.36 | +0.452% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.37 | +0.463% | $456K | $1.4M | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Variational Omni HOOD
QFEX HOOD-USD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
Arcus HOOD-USD
BloFin HOOD-USDT
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC