Funding you earn now, next payment 00:00 UTC−0.0507%/8h= −55.5% APRpaid last 24h −0.109%
Price spread now: QFEX against edgeX−0.012%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 3 days (all we have)+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.012%, 7d avg −0.012%
=Together, before fees+0.027%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.083% in total (about 8.9% 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 | 122.82 | 0.0534 | pay 0.0267% / 4h | 13m 22s | $369K | $309K | 10x |
| Short | QFEX HOOD-USD | 122.80 | 0.0027 | get 0.0003% / 1h | 13m 22s | $1.3M | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$106.44
- Price spread: −0.012% → −0.012%
- $0.01
- Slippage, 4 orders
- −$16.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$142.06
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 65 min ago; QFEX: 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, 65 min ago | 6.09 bp | 11.1 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.63 bp | 6.6 bp −$7 | 8.7 bp −$87 | 20.2 bp −$2,024 | 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 | −0.0027% | 1h | 122.68 | −0.110% | $269K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.79 | −0.024% | $108K | $263K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.81 | −0.002% | $411K | $1.1M | 10x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.84 | +0.020% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.83 | +0.012% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.78 | −0.033% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.86 | +0.037% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.83 | +0.012% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | +0.026% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.83 | +0.016% | $861K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.86 | +0.037% | $1.0M | $8K | 10x | as long as short |
| Binance HOODUSDT | +0.0002% | 8h | 122.83 | +0.015% | $21.9M | $88.8M | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.80 | −0.012% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.020% | $199K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0009% | 8h | 122.82 | +0.004% | $182K | $125K | 20x | as long as short |
| QFEX HOOD-USDshort | +0.0027% | 1h | 122.80 | −0.012% | $1.3M | $4.3M | 10x | |
| Lighter HOOD | +0.0032% | 1h | 122.81 | −0.004% | $2.9M | $2.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.74 | −0.061% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.75 | −0.053% | — | $63K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.80 | −0.012% | $52.6M | $29.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.80 | −0.015% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.72 | −0.077% | $1.2M | $1.7M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.78 | −0.032% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.82 | +0.004% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.76 | −0.045% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.76 | −0.045% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.80 | −0.014% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.84 | +0.020% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDClong | +0.0534% | 4h | 122.82 | long leg | $369K | $309K | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0565% | 1h | 122.86 | +0.037% | $8K | $70K | 10x | as long as short |
edgeX HOODUSDC
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Binance HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL