Funding you earn now, next payment 08:00 UTC−0.0719%/8h= −78.7% APRpaid last 24h −0.096%
Price spread now: Gate against edgeX−0.005%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.388%−$39 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.005%, 7d avg −0.001%
=Together, before fees−0.453%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$22 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 -0.388% in total (about -20.2% 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 | 121.22 | 0.0593 | pay 0.0296% / 4h | 3h 15m | $365K | $305K | 10x |
| Short | Gate HOOD_USDT | 121.21 | −0.0126 | pay 0.0126% / 8h | 3h 15m | $572K | $7.7M | 50x |
edgeX HOODUSDC
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$150.91
- Price spread: −0.005% → −0.001%
- −$0.46
- Slippage, 4 orders
- −$25.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.03
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; Gate: live order book, 3 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, 38 min ago | 5.76 bp | 10.8 bp −$11 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.71 bp | 15.7 bp −$16 | 52.7 bp −$527 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 120.88 | −0.278% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDTshort | −0.0126% | 8h | 121.21 | −0.005% | $572K | $7.7M | 50x | |
| Bitget HOODUSDT | −0.0107% | 8h | 121.21 | −0.005% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.07 | −0.125% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.15 | −0.058% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.18 | −0.034% | $20.8M | $91.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.22 | +0.003% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.17 | −0.038% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.19 | −0.021% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.17 | −0.039% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
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 | 121.21 | −0.005% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.21 | −0.005% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.94 | −0.228% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.12 | −0.080% | $1.3M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.11 | −0.088% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.11 | −0.088% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.98 | −0.195% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.15 | −0.052% | $728 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.12 | −0.080% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.18 | −0.032% | $68K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.18 | −0.030% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.07 | −0.121% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.17 | −0.038% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.14 | −0.064% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.096% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.19 | −0.022% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | −0.030% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 121.13 | −0.069% | $2.8M | $3.2M | 10x | as long as short |
| edgeX HOODUSDClong | +0.0593% | 4h | 121.22 | long leg | $365K | $305K | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.1155% | 1h | 121.19 | −0.022% | $6K | $54K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL