Funding you earn now, next payment 09:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h −0.001%
Price spread now: Polymarket Perps against Bitget−0.083%7-day average −0.193% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now −0.083%, 7d avg −0.193%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.110% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.193%. Mind the row above: over the last 7 days funding on this pair cost −0.222%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOODUSDT | 120.30 | −0.0137 | get 0.0137% / 8h | 7h 51m | $5.5M | $9.8M | 20x |
| Short | Polymarket Perps HOOD-USD | 120.20 | 0.0050 | get 0.0006% / 1h | 51m 27s | $251K | $344K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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
- $39.27
- Price spread: −0.083% → −0.193%
- $10.99
- Slippage, 4 orders
- −$20.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $9.94
- Costs to cover
- 0.403%
- Break-even
- 5.2 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.91 bp | 11.4 bp −$11 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 46 min ago | 2.07 bp | 8.4 bp −$8 | 8.9 bp −$89 | 10.3 bp −$1,034 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 119.92 | −0.316% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDTlong | −0.0137% | 8h | 120.30 | long leg | $5.5M | $9.8M | 20x | |
| GRVT HOOD_USDT_Perp | −0.0124% | 8h | 120.12 | −0.150% | $842K | $1.9M | 10x | as long as short |
| Ondo Perps HOOD-USD.P | −0.0052% | 1h | 120.08 | −0.183% | $1.2M | $1.4M | 15x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.23 | −0.058% | $105K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.24 | −0.047% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.29 | −0.011% | $20.7M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.21 | −0.075% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.27 | −0.025% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.18 | −0.100% | $601K | $7.0M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 120.17 | −0.112% | $2.2M | $997K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.16 | −0.116% | $6K | $53K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.12 | −0.150% | $983K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0011% | 1h | 120.02 | −0.233% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.22 | −0.065% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.25 | −0.042% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.17 | −0.108% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.23 | −0.058% | $50.9M | $27.3M | 10x | as long as short |
| Polymarket Perps HOOD-USDshort | +0.0050% | 1h | 120.20 | −0.083% | $251K | $344K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.09 | −0.173% | $718 | $4K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.19 | −0.092% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.25 | −0.042% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.16 | −0.116% | $5K | $37K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.15 | −0.125% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.13 | −0.139% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.03 | −0.224% | $173K | $174K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.14 | −0.133% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.349% | $195K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.30 | +0.001% | $417K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0791% | 4h | 120.08 | −0.187% | $361K | $303K | 10x | as long as short |
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Injective HOOD/USDC PERP
GRVT HOOD_USDT_Perp
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
RISEx HOOD/USDC
edgeX HOODUSDC