Funding you earn now, next payment 02:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h −0.016%
Price spread now: QFEX against KuCoin−0.066%7-day average −0.020% · 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−$150as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
Funding, last 3 days (all we have)+0.032%+$3 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.066%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HOODUSDTM | 121.93 | 0.0100 | pay 0.0100% / 8h | 6h 14m | $1.3M | $1.1M | 20x |
| Short | QFEX HOOD-USD | 121.85 | 0.0034 | get 0.0004% / 1h | 14m 37s | $1.3M | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$13.93
- Price spread: −0.066% → −0.020%
- −$4.51
- Slippage, 4 orders
- −$123.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$164.17
- Costs to cover
- 1.457%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; QFEX: 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 KuCoin live order book, 6 min ago | 3.28 bp | 86.2 bp −$86 | 413.6 bp −$4,136 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.46 bp | 7.6 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
HOOD on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0129% | 1h | 121.62 | −0.254% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.90 | −0.024% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.82 | −0.092% | $359K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.85 | −0.063% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.86 | −0.057% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.86 | −0.057% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.86 | −0.062% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.91 | −0.016% | $576K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.90 | −0.025% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.84 | −0.072% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.81 | −0.097% | $854K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.81 | −0.098% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.84 | −0.074% | $997K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0028% | 1h | 121.71 | −0.180% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.88 | −0.040% | $2.9M | $3.1M | 10x | as long as short |
| QFEX HOOD-USDshort | +0.0034% | 1h | 121.85 | −0.066% | $1.3M | $3.9M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 121.80 | −0.107% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.81 | −0.101% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.72 | −0.172% | $1.2M | $1.6M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0062% | 1h | 121.83 | −0.082% | $52.4M | $28.0M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | −0.123% | $195K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.85 | −0.062% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTMlong | +0.0100% | 8h | 121.93 | long leg | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.78 | −0.123% | $5K | $91K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.84 | −0.074% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.82 | −0.094% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.451% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.025% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0462% | 4h | 121.79 | −0.113% | $367K | $305K | 10x | as long as short |
KuCoin HOODUSDTM
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
ApeX Omni HOODUSDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC