Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: Extended against Pacifica−0.013%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.013%, 7d avg +0.002%
=Together, before fees−0.084%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, 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 | Pacifica HOOD | 121.21 | 0.0100 | pay 0.0013% / 1h | 4m 01s | $67K | $105K | 10x |
| Short | Extended HOOD_24_5-USD | 121.20 | 0 | get 0.0000% / 1h | 4m 01s | $357K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Pacifica. 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: −0.013% → +0.002%
- −$1.57
- Slippage, 4 orders
- −$30.61
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$66.18
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 43 min ago; Extended: 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 Pacifica live order book, 43 min ago | 2.77 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 3.13 bp | 12.1 bp −$12 | 100.1 bp −$1,001 | doesn't fit | 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 | 120.56 | −0.537% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0167% | 8h | 121.23 | +0.015% | $604K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0123% | 8h | 121.19 | −0.018% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.12 | −0.073% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USDshort | 0.0000% | 1h | 121.20 | −0.013% | $357K | $1.3M | 10x | |
| Binance HOODUSDT | 0.0000% | 8h | 121.21 | +0.003% | $20.9M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.16 | −0.042% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.17 | −0.034% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.37 | +0.130% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.40 | +0.156% | $849K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 121.22 | +0.007% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 121.03 | −0.150% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0026% | 1h | 121.06 | −0.125% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.21 | −0.001% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.17 | −0.034% | $724 | $4K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.100% | $51.4M | $28.1M | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.28 | +0.057% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.21 | −0.001% | $1.3M | $3.0M | 10x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 121.18 | −0.028% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 121.21 | long leg | $67K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.26 | +0.040% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.22 | +0.007% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.23 | +0.015% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.21 | −0.002% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.29 | +0.065% | $378K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.39 | +0.147% | $173K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.27 | +0.048% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.719% | $192K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0328% | 1h | 121.20 | −0.009% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0905% | 4h | 121.38 | +0.141% | $365K | $304K | 10x | as long as short |
Pacifica HOOD
Extended HOOD_24_5-USD
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC