Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Pacifica against tradeXYZ+0.020%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.020%, 7d avg +0.024%
=Together, before fees+0.048%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HOOD | 122.12 | 0.0050 | pay 0.0006% / 1h | 42m 55s | $51.5M | $25.4M | 10x |
| Short | Pacifica HOOD | 122.14 | 0.0100 | get 0.0013% / 1h | 42m 55s | $73K | $116K | 10x |
tradeXYZ xyz:HOOD
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against tradeXYZ. 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
- $10.5
- Price spread: +0.020% → +0.024%
- −$0.45
- Slippage, 4 orders
- −$13.36
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$29.32
- Costs to cover
- 0.394%
- Break-even
- 26.5 days
Slippage from tradeXYZ: live order book, 10 min ago; Pacifica: live order book, 3 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 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.57 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.16 | +0.032% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.16 | +0.033% | $3.7M | $7.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.17 | +0.041% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.17 | +0.041% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.20 | +0.066% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.12 | 0.000% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.15 | +0.025% | $1.0M | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.352% | $28K | $96K | 30x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.04 | −0.066% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 122.12 | long leg | $51.5M | $25.4M | 10x |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.01 | −0.090% | $252K | $339K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.09 | −0.025% | $729 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.04 | −0.066% | $1.3M | $1.2M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 122.14 | +0.016% | $2.9M | $2.9M | 10x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.15 | +0.025% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 122.14 | +0.020% | $73K | $116K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.24 | +0.098% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.18 | +0.049% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.14 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.11 | −0.007% | $16K | — | 10x | as long as short |
| Variational Omni HOOD | +0.0112% | 8h | 122.18 | +0.048% | $2.3M | $875K | — | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.19 | +0.057% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.254% | $229K | $1.6M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0232% | 1h | 122.13 | +0.006% | $469K | $2.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0234% | 8h | 122.17 | +0.041% | $21.2M | $87.1M | 20x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.10 | −0.016% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0355% | 8h | 122.20 | +0.066% | $175K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0481% | 8h | 122.33 | +0.168% | $859K | $1.7M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.23 | +0.090% | $454K | $1.3M | 10x | as long as short |
| edgeX HOODUSDC | +0.0948% | 4h | 122.13 | +0.005% | $368K | $304K | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
QFEX HOOD-USD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Variational Omni HOOD
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
Arcus HOOD-USD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC
edgeX HOODUSDC