Funding you earn now, next payment 09:00 UTC−0.0381%/8h= −41.7% APRnext payment −$0.48 per $10,000 · paid last 24h −0.034%
Price spread now: Arcus against RISEx−0.132%7-day average −0.102% · 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−$26as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 4 days (all we have)−0.054%−$5 on $10k
+Price spread, last 5 days (all we have)−0.049%−$5 · spread now −0.132%, 7d avg −0.102%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Arcus is 0.030% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.054% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx HOOD/USDC | 121.19 | 0.0421 | pay 0.0053% / 1h | 19m 38s | $425K | $1.3M | 10x |
| Short | Arcus HOOD-USD | 121.03 | 0.0040 | get 0.0005% / 1h | 19m 38s | $1.1M | $1.8M | 10x |
RISEx HOOD/USDC
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against RISEx. 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
- −$79.98
- Price spread: −0.132% → −0.102%
- −$3.02
- Slippage, 4 orders
- −$12.5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$105.99
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 4 min ago; Arcus: 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 RISEx live order book, 4 min ago | 0.42 bp | 3.4 bp −$3 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 1.25 bp | 6.3 bp −$6 | 6.8 bp −$68 | 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 | 120.50 | −0.569% | $25K | $89K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.92 | −0.226% | $109K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.17 | −0.016% | $357K | $2.3M | 10x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.12 | −0.058% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.21 | +0.017% | $598K | $7.1M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.22 | +0.025% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.05 | −0.118% | $2.2M | $977K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.07 | −0.099% | $991K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0003% | 1h | 120.77 | −0.347% | — | $64K | 25x | as long as short |
| Binance HOODUSDT | +0.0010% | 8h | 121.14 | −0.041% | $21.0M | $90.9M | 20x | as long as short |
Injective HOOD/USDC PERP
Aster HOODUSDT
Extended HOOD_24_5-USD
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Vest HOOD-USD-PERP
Binance HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HOODUSDT | +0.0029% | 8h | 121.15 | −0.033% | $3.7M | $8.1M | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 121.16 | −0.025% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 121.03 | −0.132% | $1.1M | $1.8M | 10x | |
| Lighter HOOD | +0.0048% | 1h | 121.21 | +0.017% | $2.8M | $3.1M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.20 | +0.008% | $51.2M | $26.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.92 | −0.223% | $252K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.85 | −0.281% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.18 | −0.008% | $74K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.07 | −0.099% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.78 | −0.338% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.98 | −0.173% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.05 | −0.115% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.97 | −0.182% | $175K | $176K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.29 | −0.743% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −1.081% | $195K | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0248% | 1h | 120.93 | −0.217% | $721 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0366% | 8h | 120.99 | −0.165% | $856K | $1.9M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0411% | 1h | 121.04 | −0.124% | $6K | $53K | 10x | as long as short |
| RISEx HOOD/USDClong | +0.0421% | 1h | 121.19 | long leg | $425K | $1.3M | 10x | |
| edgeX HOODUSDC | +0.0488% | 4h | 120.83 | −0.295% | $364K | $303K | 10x | as long as short |
Bybit HOODUSDT
QFEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC