Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.023%
Price spread now: Polymarket Perps against Binance−0.168%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.293%−$29 on $10k
Price spread, last 7 days+0.106%+$11 · spread now −0.168%, 7d avg −0.181%
Together, before fees−0.186%−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.181%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.293%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HOODUSDT120.780get 0.0000% / 8h1h 03m$20.8M$92.3M20x
ShortPolymarket Perps HOOD-USD120.580.0050get 0.0006% / 1h3m 27s$251K$345K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Binance. 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

Funding earned
$10.5
Price spread: −0.168% → −0.181%
$1.37
Slippage, 4 orders
−$13.54
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$19.67
Costs to cover
0.315%
Break-even
20.1 days
Slippage from Binance: live order book, 9 min ago; Polymarket Perps: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.41 bp8.1 bp −$819.3 bp −$19368.5 bp −$6,852doesn't fit
Sell Polymarket Perps live order book, 39 min ago2.49 bp8.1 bp −$88.1 bp −$8115.2 bp −$1,524doesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0392%1h120.61−0.143%$57K$57K30xas long as short
Gate HOOD_USDT−0.0170%8h120.80+0.015%$601K$7.7M50xas long as short
Bitget HOODUSDT−0.0093%8h120.82+0.031%$5.5M$10.0M20xas long as short
Aster HOODUSDT0.0000%8h120.79+0.006%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.76−0.022%$359K$1.5M10xas long as short
Binance HOODUSDTlong0.0000%8h120.78long leg$20.8M$92.3M20x
Bybit HOODUSDT0.0000%8h120.74−0.035%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.74−0.035%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.83+0.038%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.81+0.026%$846K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.81+0.023%$988K$9K10xas long as short
Vest HOOD-USD-PERP+0.0019%1h120.58−0.168%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.71−0.060%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USDshort+0.0050%1h120.58−0.168%$251K$345K10x
SoDEX HOOD-USD+0.0050%1h120.75−0.028%$719$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.64−0.118%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.79+0.006%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0085%1h120.72−0.052%$51.3M$26.9M10xas long as short
Pacifica HOOD+0.0100%1h120.75−0.031%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.77−0.010%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.71−0.060%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.76−0.019%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.75−0.027%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.84+0.048%$174K$166K20xas long as short
Lighter HOOD+0.0128%1h120.76−0.016%$2.8M$3.2M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0164%1h120.72−0.052%$6K$52K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60−0.151%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.80+0.015%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0365%1h120.82+0.031%$395K$1.4M10xas long as short
edgeX HOODUSDC+0.0648%4h120.82+0.031%$364K$304K10xas long as short