Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against KuCoin+0.014%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.014%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 120.47 | 0.0100 | pay 0.0100% / 8h | 4m 11s | $1.3M | $1.4M | 20x |
| Short | Binance HOODUSDT | 120.49 | 0 | get 0.0000% / 8h | 4m 11s | $20.8M | $91.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: +0.014% → +0.031%
- −$1.69
- Slippage, 4 orders
- −$98.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$143.02
- Costs to cover
- 1.203%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; Binance: live order book, 8 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 KuCoin live order book, 11 min ago | 2.49 bp | 66.0 bp −$66 | 511.4 bp −$5,114 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.83 bp | 8.1 bp −$8 | 16.6 bp −$166 | 56.7 bp −$5,674 | 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 | −0.208% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0164% | 8h | 120.52 | +0.042% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0161% | 8h | 120.50 | +0.025% | $598K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0028% | 1h | 120.29 | −0.149% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.45 | −0.016% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.45 | −0.016% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 120.49 | +0.014% | $20.8M | $91.8M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 120.40 | −0.058% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.43 | −0.033% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.39 | −0.067% | $2.2M | $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 | 120.38 | −0.073% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.50 | +0.025% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.25 | −0.183% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.33 | −0.116% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.44 | −0.025% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.37 | −0.083% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.45 | −0.015% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.28 | −0.158% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 120.45 | −0.012% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.41 | −0.051% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 120.47 | long leg | $1.3M | $1.4M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | −0.100% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.45 | −0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.43 | −0.032% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.45 | −0.017% | $173K | $175K | 20x | as long as short |
| edgeX HOODUSDC | +0.0143% | 4h | 120.38 | −0.073% | $362K | $304K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.33 | −0.116% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.38 | −0.075% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0415% | 1h | 120.47 | 0.000% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.49 | +0.015% | $417K | $1.4M | 10x | as long as short |
KuCoin HOODUSDTM
Binance HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
BloFin HOOD-USDT
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC