Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bybit−0.172%7-day average −0.078% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days−0.095%−$9 · spread now −0.172%, 7d avg −0.078%
=Together, before fees−0.118%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.093% cheaper against Bybit than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of −0.078%). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 122.22 | 0 | get 0.0000% / 8h | 5h 06m | $3.7M | $7.2M | 25x |
| Short | Ondo Perps HOOD-USD.P | 122.01 | 0.0050 | get 0.0006% / 1h | 6m 00s | $1.3M | $1.2M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $10.58
- Price spread: −0.172% → −0.078%
- −$9.34
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.75
- Costs to cover
- 0.160%
- Break-even
- 16.8 days
Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Bybit live order book, 5 min ago | 1.23 bp | 14.1 bp −$14 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 122.17 | −0.042% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 122.22 | long leg | $3.7M | $7.2M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.16 | −0.049% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.22 | 0.000% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.24 | +0.016% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.18 | −0.033% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.20 | −0.016% | $1.0M | $7K | 10x | as long as short |
| edgeX HOODUSDC | +0.0007% | 4h | 122.06 | −0.133% | $367K | $302K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.434% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.23 | +0.007% | $2.8M | $2.9M | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.01 | −0.172% | — | $64K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.19 | −0.025% | $51.6M | $24.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.11 | −0.090% | $253K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.19 | −0.024% | $728 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Pshort | +0.0050% | 1h | 122.01 | −0.172% | $1.3M | $1.2M | 15x | |
| QFEX HOOD-USD | +0.0070% | 1h | 122.17 | −0.041% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0071% | 8h | 122.06 | −0.132% | $2.3M | $870K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.15 | −0.057% | $73K | $115K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.19 | −0.025% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.02 | −0.164% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.19 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.20 | −0.017% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0170% | 8h | 122.07 | −0.123% | $855K | $1.7M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0184% | 1h | 122.19 | −0.024% | $467K | $2.6M | 10x | as long as short |
| Binance HOODUSDT | +0.0187% | 8h | 122.23 | +0.008% | $21.2M | $86.9M | 20x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.09 | −0.106% | $28K | $239K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.335% | $229K | $1.5M | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.15 | −0.057% | $1.1M | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0309% | 8h | 122.20 | −0.016% | $176K | $178K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.29 | +0.057% | $456K | $1.4M | 10x | as long as short |
Bybit HOODUSDT
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
edgeX HOODUSDC
Injective HOOD/USDC PERP
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
GRVT HOOD_USDT_Perp
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
RISEx HOOD/USDC