Funding you earn now, next payment 04:00 UTC+0.0540%/8h= +59.1% APRnext payment +$0.68 per $10,000 · paid last 24h −0.016%
Price spread now: Pacifica against Injective+0.222%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Pacifica is 0.222% dearer against Injective than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.364% in total (about 19.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.68 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 | Injective HOOD/USDC PERP | 121.05 | −0.0440 | get 0.0055% / 1h | 38m 50s | $58K | $57K | 30x |
| Short | Pacifica HOOD | 121.32 | 0.0100 | get 0.0013% / 1h | 38m 50s | $68K | $105K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Injective. 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
- $113.4
- Price spread: +0.222% → 0.000%
- $22.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $127.61
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 19 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 19 min ago | 2.34 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.0440% | 1h | 121.05 | long leg | $58K | $57K | 30x | |
| Polymarket Perps HOOD-USD | −0.0140% | 1h | 121.15 | +0.083% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0022% | 8h | 121.30 | +0.207% | $572K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.27 | +0.179% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.26 | +0.173% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.27 | +0.182% | $21.0M | $90.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.27 | +0.182% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.25 | +0.165% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.33 | +0.232% | $397K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.34 | +0.240% | $5.4M | $9.6M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.36 | +0.258% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.35 | +0.250% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.31 | +0.215% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.20 | +0.124% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.37 | +0.264% | $1.3M | $3.7M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.26 | +0.174% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.55 | +0.413% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.21 | +0.132% | $51.8M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.26 | +0.170% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.21 | +0.132% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.405% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 121.32 | +0.222% | $68K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.32 | +0.223% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.34 | +0.240% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.33 | +0.231% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.28 | +0.193% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.40 | +0.289% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.34 | +0.240% | $27K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0147% | 4h | 121.47 | +0.346% | $366K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0327% | 1h | 121.31 | +0.215% | $7K | $55K | 10x | as long as short |
Injective HOOD/USDC PERP
Pacifica HOOD
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL