Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.025%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.025%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.59 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $1.3M | $1.2M | 20x |
| Short | Bybit HOODUSDT | 121.62 | 0 | get 0.0000% / 8h | 4h 09m | $3.9M | $8.7M | 25x |
KuCoin HOODUSDTM
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.025% → +0.008%
- $1.66
- Slippage, 4 orders
- −$107.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.79
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 2.06 bp | 66.2 bp −$66 | 433.2 bp −$4,332 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.23 bp | 11.8 bp −$12 | 26.6 bp −$266 | 920.7 bp −$92.1K | 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 | 121.28 | −0.255% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0102% | 1h | 121.33 | −0.214% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0065% | 8h | 121.62 | +0.025% | $576K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.58 | −0.009% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.60 | +0.004% | $361K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.64 | +0.041% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDTshort | 0.0000% | 8h | 121.62 | +0.025% | $3.9M | $8.7M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.57 | −0.016% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.53 | −0.049% | $396K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.66 | +0.058% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.52 | −0.060% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.52 | −0.057% | $857K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.61 | +0.016% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 121.30 | −0.239% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.53 | −0.049% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.62 | +0.025% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | −0.132% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.57 | −0.016% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.53 | −0.051% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.37 | −0.181% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.403% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.48 | −0.089% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.59 | long leg | $1.3M | $1.2M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.48 | −0.090% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.59 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.58 | −0.006% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.50 | −0.074% | $174K | $161K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.48 | −0.090% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0573% | 1h | 121.62 | +0.025% | $6K | $56K | 10x | as long as short |
| edgeX HOODUSDC | +0.0768% | 4h | 121.50 | −0.078% | $366K | $306K | 10x | as long as short |
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC