Funding you earn now, next payment 07:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h +0.016%
Price spread now: KuCoin against QFEX+0.058%56s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1481.478% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.058%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.036% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 120.58 | 0.0062 | pay 0.0008% / 1h | 37m 40s | $1.3M | $3.0M | 10x |
| Short | KuCoin HOODUSDTM | 120.65 | 0.0100 | get 0.0100% / 8h | 1h 37m | $1.3M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $7.91
- Price spread: +0.058% → +0.022%
- $3.63
- Slippage, 4 orders
- −$125.85
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$136.31
- Costs to cover
- 1.478%
- Break-even
- 127.6 days
Slippage from QFEX: live order book, 5 min ago; KuCoin: 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 QFEX live order book, 5 min ago | 2.07 bp | 7.2 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 2.48 bp | 37.6 bp −$38 | doesn't fit | 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 | −0.0392% | 1h | 120.80 | +0.182% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0178% | 8h | 120.70 | +0.100% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0134% | 8h | 120.67 | +0.075% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.63 | +0.037% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.60 | +0.018% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.62 | +0.031% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.60 | +0.017% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.63 | +0.041% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.71 | +0.107% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.71 | +0.110% | $853K | $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 | 120.63 | +0.041% | $987K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.42 | −0.133% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.58 | 0.000% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.42 | −0.133% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.56 | −0.017% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.58 | 0.000% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USDlong | +0.0062% | 1h | 120.58 | long leg | $1.3M | $3.0M | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0082% | 1h | 120.56 | −0.017% | $6K | $52K | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.60 | +0.020% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.60 | +0.013% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 120.65 | +0.058% | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | +0.041% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.56 | −0.017% | $2K | $2K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0104% | 1h | 120.57 | −0.008% | $51.2M | $27.8M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.57 | −0.010% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.74 | +0.133% | $175K | $160K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | +0.017% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.79 | +0.174% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.64 | +0.050% | $373K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0745% | 4h | 120.74 | +0.132% | $363K | $303K | 10x | as long as short |
KuCoin HOODUSDTM
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Deribit HOOD_USDC-PERPETUAL
Lighter HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC