HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0149%/8h= −16.3% APRnext payment −$1.49 per $10,000 · paid last 24h +0.014%

Price spread now: Bitget against OKX+0.058%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.058%, 7d avg +0.019%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.038% dearer against OKX than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.019%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.084% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HOOD-USDT-SWAP	120.96	0	get 0.0000% / 8h	3h 06m	$2.7M	$6.1M	20x
Short	Bitget HOODUSDT	121.03	−0.0149	pay 0.0149% / 8h	3h 06m	$5.4M	$9.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$31.29
Price spread: +0.058% → +0.019%: $3.84
Slippage, 4 orders: −$25.65
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$75.11
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 2 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 OKX live order book, 1 min ago	1.65 bp	13.4 bp −$13	29.2 bp −$292	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.48 bp	12.2 bp −$12	24.6 bp −$246	123.9 bp −$12.4K	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	120.88	−0.066%	$58K	$57K	30x	as long as short
Bitget HOODUSDTshort	−0.0149%	8h	121.03	+0.058%	$5.4M	$9.7M	20x
Gate HOOD_USDT	−0.0139%	8h	121.03	+0.058%	$571K	$7.7M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.00	+0.031%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.98	+0.015%	$360K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.04	+0.066%	$20.8M	$91.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.01	+0.041%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAPlong	0.0000%	8h	120.96	long leg	$2.7M	$6.1M	20x
RISEx HOOD/USDC	0.0000%	1h	120.94	−0.017%	$382K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	120.92	−0.035%	$2.3M	$1.1M	—	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	120.88	−0.066%	$848K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.99	+0.025%	$990K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0015%	1h	120.67	−0.240%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	120.90	−0.050%	$1.3M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.89	−0.058%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.94	−0.017%	$51.3M	$28.3M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.75	−0.174%	$251K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.89	−0.057%	$726	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.77	−0.157%	$1.2M	$1.5M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	120.97	+0.010%	$67K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.98	+0.017%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.81	−0.124%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.90	−0.050%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.88	−0.063%	$16K	—	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0120%	1h	121.10	+0.116%	$193K	$1.9M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.99	+0.025%	$174K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	120.94	−0.017%	$28K	$238K	10x	as long as short
Lighter HOOD	+0.0152%	1h	120.96	+0.001%	$2.8M	$3.2M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0661%	1h	120.92	−0.033%	$6K	$54K	10x	as long as short
edgeX HOODUSDC	+0.0805%	4h	120.91	−0.039%	$364K	$304K	10x	as long as short