After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.049%7d average−0.013%fees + slippage, in and out−$36spread needed0.357%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 124.87 | 0.0070 | pay 0.0009% / 1h | 46m 12s | $6K | $180K | 10x |
| Short | Binance HOODUSDT | 124.93 | 0 | get 0.0000% / 8h | 5h 46m | $24.2M | $78.6M | 20x |
Deribit HOOD_USDC-PERPETUAL
Binance HOODUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.85
- Funding while held
- −$2.11
- Slippage, 4 orders
- −$18.67
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.93
- Spread needed to break even
- 0.357%
Slippage from Deribit: live order book, 54 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0070%
- Per $10,000 a day
- −$2.11
- Average in range /8h
- —
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 live order book, 54 min ago | 6.83 bp | 10.3 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.21 bp | 7.9 bp −$8 | 14.9 bp −$149 | 36.7 bp −$3,671 | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.Injective124.42cheapestVariational Omni124.60+0.143%Phoenix124.64+0.177%Arcus124.69+0.217%Polymarket Perps124.75+0.265%Gate124.80+0.305%ApeX Omni124.84+0.338%edgeX124.84+0.340%KuCoin124.86+0.354%
Injective
Variational Omni
Phoenix
Arcus
Polymarket Perps
Gate
ApeX Omni
KuCoinDeribit124.87+0.362%
Aster124.87+0.362%Bybit124.88+0.370%SoDEX124.88+0.371%Lighter124.89+0.376%Aevo124.89+0.381%Pacifica124.90+0.384%OKX124.90+0.386%Phemex124.90+0.386%Extended124.92+0.400%Vest124.92+0.402%Orderly124.92+0.402%tradeXYZ124.93+0.410%
Aster
Bybit
SoDEX
Lighter
Aevo
Pacifica
OKX
Phemex
Extended
Vest
Orderly
tradeXYZBinance124.93+0.410%
Coinbase International124.94+0.418%BloFin124.94+0.418%RISEx124.94+0.421%Bitget124.95+0.426%QFEX125.00+0.466%Ondo Perps125.08+0.530%
Coinbase International
BloFin
RISEx
Bitget
QFEX
Ondo PerpsHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.360% | +0.0010% | 1h | $64K | $103K | 30x | as long as short |
| Variational Omni HOOD | −0.218% | 0.0000% | 8h | $2.4M | $1.0M | — | as long as short |
| Phoenix HOOD | −0.184% | +0.0128% | 1h | $29K | $184K | 10x | as long as short |
| Arcus HOOD-USD | −0.144% | +0.0040% | 1h | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | −0.096% | −0.0022% | 1h | $254K | $279K | 10x | as long as short |
| Gate HOOD_USDT | −0.056% | 0.0000% | 8h | $552K | $7.6M | 50x | as long as short |
| ApeX Omni HOODUSDT | −0.024% | +0.0100% | 1h | $46K | $252K | 50x | as long as short |
| edgeX HOODUSDC | −0.021% | +0.0631% | 4h | $376K | $306K | 10x | as long as short |
| KuCoin HOODUSDTM | −0.008% | +0.0100% | 8h | $1.4M | $1.0M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | 0.000% | +0.0070% | 1h | $6K | $180K | 10x |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.000% | 0.0000% | 8h | $119K | $253K | 20x | as long as short |
| Bybit HOODUSDT | +0.008% | 0.0000% | 8h | $4.2M | $8.0M | 25x | as long as short |
| SoDEX HOOD-USD | +0.009% | +0.0050% | 1h | $749 | $3K | 10x | as long as short |
| Lighter HOOD | +0.014% | +0.0032% | 1h | $3.2M | $1.9M | 10x | as long as short |
| Aevo HOOD-PERP | +0.020% | +0.0104% | 1h | $16K | — | 10x | as long as short |
| Pacifica HOOD | +0.022% | +0.0100% | 1h | $78K | $104K | 10x | as long as short |
| OKX HOOD-USDT-SWAP | +0.024% | 0.0000% | 8h | $3.1M | $5.4M | 20x | as long as short |
| Phemex HOODUSDT | +0.024% | 0.0000% | 8h | $1.0M | $8K | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.038% | 0.0000% | 1h | $423K | $1.2M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.040% | +0.0046% | 1h | — | $63K | 25x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.040% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.048% | +0.0106% | 1h | $52.4M | $27.2M | 10x | as long as short |
| Binance HOODUSDTshort | +0.049% | 0.0000% | 8h | $24.2M | $78.6M | 20x | |
| Coinbase International HOOD-PERP-INTX | +0.056% | +0.0272% | 1h | $473K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDT | +0.056% | +0.0002% | 8h | $191K | $120K | 20x | as long as short |
| RISEx HOOD/USDC | +0.059% | 0.0000% | 1h | $423K | $1.5M | 10x | as long as short |
| Bitget HOODUSDT | +0.064% | +0.0046% | 8h | $5.8M | $8.8M | 20x | as long as short |
| QFEX HOOD-USD | +0.104% | +0.0037% | 1h | $1.3M | $3.7M | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.168% | +0.0050% | 1h | $1.4M | $1.3M | 15x | as long as short |