HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.011%

Price spread now: tradeXYZ against Coinbase International+0.066%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.066%, 7d avg +0.104%

Together, before fees−0.118%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and tradeXYZ is 0.038% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.104%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International HOOD-PERP-INTX	121.54	0.0056	pay 0.0007% / 1h	59m 43s	$194K	$1.9M	10x
Short	tradeXYZ xyz:HOOD	121.62	0.0045	get 0.0006% / 1h	59m 43s	$51.9M	$28.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 it

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 tradeXYZbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$2.28
Price spread: +0.066% → +0.104%: −$3.81
Slippage, 4 orders: −$11.13
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$45.21
Costs to cover: 0.391%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; tradeXYZ: live order book, 10 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	3.29 bp	8.3 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	1.23 bp	10.8 bp −$11	15.1 bp −$151	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
Polymarket Perps HOOD-USD	−0.0107%	1h	121.46	−0.066%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.66	+0.100%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.61	+0.054%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.63	+0.074%	$21.1M	$90.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.66	+0.099%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.62	+0.066%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.64	+0.083%	$398K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.70	+0.132%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.72	+0.148%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.71	+0.141%	$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	121.66	+0.101%	$852K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.67	+0.107%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.55	+0.008%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.66	+0.099%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	+0.074%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODshort	+0.0045%	1h	121.62	+0.066%	$51.9M	$28.1M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.63	+0.077%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.50	−0.033%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTXlong	+0.0056%	1h	121.54	long leg	$194K	$1.9M	10x
Lighter HOOD	+0.0096%	1h	121.63	+0.072%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.64	+0.082%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.69	+0.123%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.64	+0.082%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.60	+0.049%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.61	+0.060%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.71	+0.140%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.73	+0.156%	$28K	$239K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0326%	1h	121.63	+0.074%	$7K	$68K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.148%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0553%	4h	121.63	+0.075%	$366K	$305K	10x	as long as short