Funding you earn now, next payment 03:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.024%
Price spread now: tradeXYZ against QFEX−0.049%7-day average −0.031% · 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−$38as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 4 days (all we have)+0.037%+$4 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.049%, 7d avg −0.031%
=Together, before fees+0.060%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 121.63 | 0.0024 | pay 0.0003% / 1h | 59m 28s | $1.3M | $3.7M | 10x |
| Short | tradeXYZ xyz:HOOD | 121.57 | 0.0050 | get 0.0006% / 1h | 59m 28s | $51.9M | $28.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $5.41
- Price spread: −0.049% → −0.031%
- −$1.84
- Slippage, 4 orders
- −$8.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$33.03
- Costs to cover
- 0.366%
- Break-even
- 49.7 days
Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago | 2.06 bp | 7.2 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.23 bp | 10.8 bp −$11 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0231% | 1h | 121.42 | −0.173% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.67 | +0.033% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.61 | −0.020% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.62 | −0.008% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.60 | −0.025% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.59 | −0.033% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.64 | +0.009% | $398K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.70 | +0.058% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.72 | +0.074% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.71 | +0.067% | $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 | 121.70 | +0.057% | $853K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.67 | +0.033% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0024% | 1h | 121.54 | −0.074% | — | $62K | 25x | as long as short |
| QFEX HOOD-USDlong | +0.0024% | 1h | 121.63 | long leg | $1.3M | $3.7M | 10x | |
| Arcus HOOD-USD | +0.0040% | 1h | 121.63 | 0.000% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.57 | −0.049% | $51.9M | $28.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.63 | +0.003% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.50 | −0.107% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.074% | $194K | $1.9M | 10x | as long as short |
| Lighter HOOD | +0.0096% | 1h | 121.63 | −0.002% | $2.8M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.64 | +0.008% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.69 | +0.049% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.68 | +0.041% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.60 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.61 | −0.014% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.71 | +0.066% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.66 | +0.025% | $28K | $237K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0326% | 1h | 121.63 | 0.000% | $7K | $68K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.36 | −0.222% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0734% | 4h | 121.70 | +0.057% | $366K | $306K | 10x | as long as short |
tradeXYZ xyz:HOOD
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
Phemex HOODUSDT
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
edgeX HOODUSDC