HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0421%/8h= +46.1% APRnext payment +$0.53 per $10,000 · paid last 24h +0.047%

Price spread now: RISEx against Extended+0.046%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.156%+$16 on $10k

Price spread, last 5 days (all we have)+0.229%+$23 · spread now +0.046%, 7d avg +0.077%

Together, before fees+0.385%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.031% cheaper against Extended than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.077%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$13 a day). At the pace of the last 4 days (+0.156% in total) that is about 18 hours.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.156% in total (about 15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.53 per $10,000. 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	Extended HOOD_24_5-USD	120.59	0	get 0.0000% / 1h	59m 14s	$357K	$2.2M	10x
Short	RISEx HOOD/USDC	120.64	0.0421	get 0.0053% / 1h	59m 14s	$418K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee RISExbpOrdersPrice spread, now +0.046%Rate

Funding earned: $88.43
Price spread: +0.046% → +0.077%: −$3.08
Slippage, 4 orders: −$21.05
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $53.31
Costs to cover: 0.320%
Break-even: 2.8 days

Slippage from Extended: live order book, 4 min ago; RISEx: live order book, 4 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 Extended live order book, 4 min ago	2.49 bp	11.4 bp −$11	114.7 bp −$1,147	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	1.66 bp	4.7 bp −$5	5.4 bp −$54	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	120.22	−0.306%	$57K	$57K	30x	as long as short
tradeXYZ xyz:HOOD	−0.0225%	1h	120.49	−0.082%	$51.1M	$27.0M	10x	as long as short
Gate HOOD_USDT	−0.0160%	8h	120.53	−0.049%	$598K	$6.9M	50x	as long as short
Bitget HOODUSDT	−0.0160%	8h	120.59	+0.001%	$5.5M	$9.8M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.63	+0.031%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USDlong	0.0000%	1h	120.59	long leg	$357K	$2.2M	10x
Binance HOODUSDT	0.0000%	8h	120.62	+0.030%	$20.8M	$91.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.61	+0.017%	$3.7M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.46	−0.107%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.38	−0.170%	$2.2M	$999K	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.39	−0.167%	$845K	$1.9M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	120.59	+0.001%	$6K	$53K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.53	−0.049%	$986K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0014%	1h	120.45	−0.115%	—	$64K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.55	−0.032%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.65	+0.050%	$1.3M	$2.9M	10x	as long as short
Lighter HOOD	+0.0048%	1h	120.59	0.000%	$2.8M	$3.0M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.58	−0.008%	$251K	$345K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.50	−0.072%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.52	−0.057%	$1.3M	$1.4M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	120.47	−0.099%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.52	−0.057%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.40	−0.157%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.63	+0.034%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.58	−0.007%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.49	−0.082%	$173K	$175K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0200%	1h	120.33	−0.215%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.37	−0.182%	$28K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0276%	4h	120.49	−0.082%	$363K	$305K	10x	as long as short
RISEx HOOD/USDCshort	+0.0421%	1h	120.64	+0.046%	$418K	$1.4M	10x