HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.034%

Price spread now: Polymarket Perps against ApeX Omni+0.024%63s7-day average −0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$144as 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−$1111.114% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.326%−$33 on $10k

Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.024%, 7d avg −0.119%

Together, before fees−0.487%−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.143% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.119%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.6 days. At the pace of the last 7 days (−0.326% in total) that is about 3.1 days. The two prices were read 63 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	ApeX Omni HOODUSDT	122.86	0.0100	pay 0.0013% / 1h	25m 40s	$5K	$107K	50x
Short	Polymarket Perps HOOD-USD	122.89	0.0050	get 0.0006% / 1h	25m 40s	$260K	$340K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$10.5
Price spread: +0.024% → −0.119%: $14.33
Slippage, 4 orders: −$93.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$107.61
Costs to cover: 1.114%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 45 min ago; Polymarket Perps: live order book, 46 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 ApeX Omni live order book, 45 min ago	3.26 bp	40.2 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 46 min ago	2.85 bp	7.2 bp −$7	8.5 bp −$85	9.9 bp −$988	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
Aster HOODUSDT	0.0000%	8h	122.92	+0.048%	$108K	$268K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	123.04	+0.149%	$364K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	123.07	+0.171%	$22.0M	$89.4M	20x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.03	+0.138%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	123.05	+0.151%	$379K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	123.04	+0.147%	$577K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	123.05	+0.155%	$5.6M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	123.01	+0.122%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	122.85	−0.011%	$862K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.06	+0.163%	$1.0M	$8K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit HOODUSDT	+0.0011%	8h	123.11	+0.203%	$3.9M	$8.7M	25x	as long as short
QFEX HOOD-USD	+0.0014%	1h	123.07	+0.171%	$1.3M	$4.1M	10x	as long as short
Vest HOOD-USD-PERP	+0.0040%	1h	122.95	+0.073%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	122.99	+0.106%	$1.1M	$1.8M	10x	as long as short
Polymarket Perps HOOD-USDshort	+0.0050%	1h	122.89	+0.024%	$260K	$340K	10x
SoDEX HOOD-USD	+0.0050%	1h	123.06	+0.167%	$741	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.97	+0.090%	$1.2M	$1.6M	15x	as long as short
Lighter HOOD	+0.0088%	1h	123.06	+0.161%	$2.9M	$2.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	122.34	−0.423%	$202K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.07	+0.167%	$71K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.01	+0.122%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDTlong	+0.0100%	1h	122.86	long leg	$5K	$107K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.02	+0.130%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.04	+0.149%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	123.15	+0.236%	$181K	$116K	20x	as long as short
edgeX HOODUSDC	+0.0138%	4h	122.91	+0.040%	$370K	$309K	10x	as long as short
tradeXYZ xyz:HOOD	+0.0160%	1h	123.06	+0.163%	$52.9M	$27.8M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.96	+0.081%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0213%	1h	122.88	+0.016%	$63K	$49K	30x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0319%	1h	123.04	+0.147%	$8K	$69K	10x	as long as short