Funding you earn now, next payment 06:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h −0.026%
Price spread now: QFEX against Gate−0.041%7-day average −0.040% · 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−$47as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 4 days (all we have)+0.038%+$4 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now −0.041%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.038% in total (about 3.8% 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 | Gate HOOD_USDT | 120.63 | −0.0171 | get 0.0171% / 8h | 2h 24m | $602K | $7.7M | 50x |
| Short | QFEX HOOD-USD | 120.58 | 0.0053 | get 0.0007% / 1h | 24m 28s | $1.3M | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $47.01
- Price spread: −0.041% → −0.040%
- −$0.16
- Slippage, 4 orders
- −$22.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$0.28
- Costs to cover
- 0.471%
- Break-even
- 7.0 days
Slippage from Gate: live order book, 4 min ago; QFEX: 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 Gate live order book, 4 min ago | 6.63 bp | 17.8 bp −$18 | 171.3 bp −$1,713 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.66 bp | 7.0 bp −$7 | 9.2 bp −$92 | 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 | 120.35 | −0.232% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0281% | 8h | 120.68 | +0.041% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDTlong | −0.0171% | 8h | 120.63 | long leg | $602K | $7.7M | 50x | |
| Polymarket Perps HOOD-USD | −0.0048% | 1h | 120.45 | −0.149% | $250K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.60 | −0.025% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.62 | −0.011% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.64 | +0.012% | $20.6M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.61 | −0.017% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.66 | +0.025% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.49 | −0.116% | $2.3M | $1.0M | — | 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 | 120.65 | +0.015% | $844K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.63 | 0.000% | $987K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0011% | 1h | 120.40 | −0.191% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.54 | −0.074% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.50 | −0.108% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.54 | −0.075% | $51.2M | $27.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.55 | −0.065% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.62 | −0.008% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USDshort | +0.0053% | 1h | 120.58 | −0.041% | $1.3M | $3.0M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 120.61 | −0.013% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.62 | −0.008% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.45 | −0.149% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.54 | −0.075% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.55 | −0.066% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 120.65 | +0.013% | $423K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.57 | −0.050% | $174K | $157K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.52 | −0.091% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.240% | $192K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0582% | 4h | 120.53 | −0.080% | $363K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0663% | 1h | 120.60 | −0.025% | $6K | $55K | 10x | as long as short |
Gate HOOD_USDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL