Funding you earn now, next payment 06:00 UTC−0.0289%/8h= −31.6% APRnext payment −$0.36 per $10,000 · paid last 24h −0.065%
Price spread now: Arcus against Deribit−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Arcus is 0.033% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 120.96 | 0.0329 | pay 0.0041% / 1h | 44m 42s | $6K | $55K | 10x |
| Short | Arcus HOOD-USD | 120.92 | 0.0040 | get 0.0005% / 1h | 44m 42s | $1.1M | $1.7M | 10x |
Deribit HOOD_USDC-PERPETUAL
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- −$60.64
- Price spread: −0.033% → 0.000%
- −$3.31
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$75.45
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Arcus: live order book, 4 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 4 min ago | 0.41 bp | 8.6 bp −$9 | 13.5 bp −$135 | doesn't fit | doesn't fit |
Deribit: 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 PERP | −0.0440% | 1h | 120.64 | −0.265% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0170% | 8h | 121.05 | +0.074% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0159% | 8h | 121.02 | +0.050% | $582K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0027% | 1h | 120.80 | −0.132% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.02 | +0.050% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.00 | +0.031% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.03 | +0.058% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.03 | +0.058% | $3.8M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.01 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.92 | −0.030% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.05 | +0.074% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.02 | +0.050% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 120.83 | −0.107% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.00 | +0.030% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.92 | −0.033% | $1.1M | $1.7M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.95 | −0.008% | $51.2M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.94 | −0.012% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.88 | −0.066% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.01 | +0.041% | $1.3M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.95 | −0.010% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.00 | +0.033% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.99 | +0.025% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.96 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.92 | −0.030% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.07 | +0.091% | $382K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.98 | +0.017% | $174K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.99 | +0.025% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.77 | −0.157% | $193K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | +0.0329% | 1h | 120.96 | long leg | $6K | $55K | 10x | |
| edgeX HOODUSDC | +0.0584% | 4h | 121.04 | +0.068% | $364K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC