Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.057%
Price spread now: RISEx against Coinbase International−0.069%7-day average +0.189% · 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−$57as in the Price arb table
costs, in and out, $10k−$320.315% of the position
Funding, last 3 days (all we have)+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.069%, 7d avg +0.189%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.258% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.189%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 122.51 | 0.0096 | pay 0.0012% / 1h | 1h 00m | $207K | $1.9M | 10x |
| Short | RISEx HOOD/USDC | 122.42 | 0 | get 0.0000% / 1h | 1h 00m | $376K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$20.16
- Price spread: −0.069% → +0.189%
- −$25.8
- Slippage, 4 orders
- −$15.51
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$77.47
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago | 6.12 bp | 11.1 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.63 bp | 4.6 bp −$5 | 6.1 bp −$61 | 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 | 122.42 | −0.073% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.28 | −0.191% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.31 | −0.167% | $21.7M | $89.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.32 | −0.155% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.33 | −0.147% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDCshort | 0.0000% | 1h | 122.42 | −0.069% | $376K | $1.4M | 10x | |
| Gate HOOD_USDT | 0.0000% | 8h | 122.44 | −0.057% | $569K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.38 | −0.106% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.45 | −0.046% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.73 | +0.180% | $866K | $2.0M | 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 | 122.33 | −0.147% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.41 | −0.082% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.28 | −0.188% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.56 | +0.041% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.28 | −0.188% | $254K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.38 | −0.106% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.72 | +0.171% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 122.35 | −0.131% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0096% | 1h | 122.51 | long leg | $207K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.44 | −0.060% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.49 | −0.016% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.041% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.41 | −0.082% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.39 | −0.094% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.42 | −0.073% | $181K | $161K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0128% | 1h | 122.29 | −0.180% | $52.4M | $27.8M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.073% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.93 | +0.343% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0322% | 1h | 122.42 | −0.073% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.056% | $369K | $305K | 10x | as long as short |
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
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
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC