HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.011%

Price spread now: Coinbase International against tradeXYZ−0.025%50s7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.391% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.025%, 7d avg −0.104%

Together, before fees+0.077%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.079% dearer against tradeXYZ than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.104%. The two prices were read 50 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	tradeXYZ xyz:HOOD	121.57	0.0050	pay 0.0006% / 1h	59m 26s	$51.9M	$28.1M	10x
Short	Coinbase International HOOD-PERP-INTX	121.54	0.0056	get 0.0007% / 1h	59m 26s	$194K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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 tradeXYZbpFee Coinbase InternationalbpOrdersPrice spread, now −0.025%Rate

Funding earned: $1.26
Price spread: −0.025% → −0.104%: $7.92
Slippage, 4 orders: −$11.13
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$29.95
Costs to cover: 0.391%
Break-even: 173.4 days

Slippage from tradeXYZ: live order book, 10 min ago; Coinbase International: 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 tradeXYZ live order book, 10 min ago	1.23 bp	11.3 bp −$11	13.3 bp −$133	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	3.29 bp	8.7 bp −$9	15.5 bp −$155	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	−0.123%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.67	+0.083%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.61	+0.030%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.62	+0.041%	$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	+0.016%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.64	+0.058%	$398K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.70	+0.107%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.72	+0.123%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.71	+0.116%	$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	+0.106%	$853K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.67	+0.082%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.54	−0.025%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.63	+0.049%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	+0.049%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODlong	+0.0050%	1h	121.57	long leg	$51.9M	$28.1M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.63	+0.053%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.50	−0.058%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTXshort	+0.0056%	1h	121.54	−0.025%	$194K	$1.9M	10x
Lighter HOOD	+0.0096%	1h	121.63	+0.047%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.64	+0.057%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.69	+0.099%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.68	+0.090%	$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	+0.035%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.71	+0.115%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.66	+0.074%	$28K	$237K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0326%	1h	121.63	+0.049%	$7K	$68K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.173%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0734%	4h	121.70	+0.107%	$366K	$306K	10x	as long as short