Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.047%
Price spread now: Polymarket Perps against Arcus−0.065%7-day average −0.090% · 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−$23as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 3 days (all we have)−0.304%−$30 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.065%, 7d avg −0.090%
=The price spread pays, funding is against you. Polymarket Perps is 0.025% dearer against Arcus than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.090%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 3 days (−0.304% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 122.85 | 0.0040 | pay 0.0005% / 1h | 22m 45s | $1.1M | $1.7M | 10x |
| Short | Polymarket Perps HOOD-USD | 122.77 | −0.0036 | pay 0.0004% / 1h | 22m 45s | $270K | $332K | 10x |
Arcus HOOD-USD
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Arcus. 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
- −$15.93
- Price spread: −0.065% → −0.090%
- $2.49
- Slippage, 4 orders
- −$13.05
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$38.99
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; Polymarket Perps: live order book, 54 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 Arcus live order book, 1 min ago | 1.63 bp | 6.2 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 54 min ago | 0.41 bp | 6.4 bp −$6 | 7.5 bp −$75 | 9.2 bp −$923 | 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-USDshort | −0.0036% | 1h | 122.77 | −0.065% | $270K | $332K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 122.90 | +0.041% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.93 | +0.065% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.95 | +0.081% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.89 | +0.028% | $385K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.90 | +0.041% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.95 | +0.081% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.93 | +0.066% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.91 | +0.049% | $868K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.91 | +0.049% | $1.0M | $8K | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.033% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.89 | +0.029% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.008% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0012% | 8h | 122.92 | +0.061% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.91 | +0.049% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.92 | +0.055% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 122.85 | long leg | $1.1M | $1.7M | 10x | |
| Vest HOOD-USD-PERP | +0.0044% | 1h | 122.82 | −0.024% | — | $63K | 25x | as long as short |
| BloFin HOOD-USDT | +0.0048% | 8h | 122.91 | +0.049% | $183K | $126K | 20x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.92 | +0.053% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.89 | +0.033% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0066% | 1h | 122.94 | +0.073% | $52.7M | $29.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0075% | 1h | 122.93 | +0.065% | $8K | $70K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.93 | +0.065% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.87 | +0.016% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.85 | 0.000% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.89 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.90 | +0.044% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | +0.114% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 122.90 | +0.038% | $370K | $307K | 10x | as long as short |
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
QFEX HOOD-USD
Lighter HOOD
Vest HOOD-USD-PERP
BloFin HOOD-USDT
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC