Funding you earn now, next payment 08:00 UTC−0.0966%/8h= −105.8% APRpaid last 24h −0.121%
Price spread now: Bitget against edgeX+0.048%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.330%−$33 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.048%, 7d avg +0.029%
=Together, before fees−0.430%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.330% in total (about -17.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 120.95 | 0.0883 | pay 0.0442% / 4h | 1h 53m | $364K | $303K | 10x |
| Short | Bitget HOODUSDT | 121.01 | −0.0083 | pay 0.0083% / 8h | 1h 53m | $5.4M | $10.0M | 20x |
edgeX HOODUSDC
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- −$202.91
- Price spread: +0.048% → +0.029%
- $1.87
- Slippage, 4 orders
- −$23.38
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$245.42
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 55 min ago; Bitget: live order book, 5 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 edgeX live order book, 55 min ago | 5.78 bp | 10.9 bp −$11 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.06 bp | 10.0 bp −$10 | 35.3 bp −$353 | 173.8 bp −$17.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0392% | 1h | 120.80 | −0.125% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0169% | 8h | 120.95 | −0.001% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTshort | −0.0083% | 8h | 121.01 | +0.048% | $5.4M | $10.0M | 20x | |
| Aster HOODUSDT | 0.0000% | 8h | 120.98 | +0.027% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.98 | +0.021% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.98 | +0.023% | $20.9M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.98 | +0.023% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.96 | +0.007% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.95 | +0.002% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.96 | +0.007% | $853K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.94 | −0.010% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.74 | −0.175% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.90 | −0.043% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.78 | −0.142% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.89 | −0.050% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.05 | +0.081% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.97 | +0.015% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.91 | −0.033% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.02 | +0.056% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.98 | +0.023% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.86 | −0.076% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.87 | −0.069% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.01 | +0.048% | $174K | $158K | 20x | as long as short |
| Lighter HOOD | +0.0152% | 1h | 120.86 | −0.079% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | −0.018% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.99 | +0.032% | $28K | $238K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0245% | 1h | 120.92 | −0.026% | $51.4M | $27.9M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 121.03 | +0.064% | $374K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0744% | 1h | 120.86 | −0.076% | $6K | $53K | 10x | as long as short |
| edgeX HOODUSDClong | +0.0883% | 4h | 120.95 | long leg | $364K | $303K | 10x |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
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
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
tradeXYZ xyz:HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL