Funding you earn now, next payment 09:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h −0.105%
Price spread now: Bybit against Deribit0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 121.95 | 0 | get 0.0000% / 1h | 0m 50s | $6K | $50K | 10x |
| Short | Bybit HOODUSDT | 121.95 | 0.0090 | get 0.0090% / 8h | 7h 00m | $3.7M | $7.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- $18.87
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $0.87
- Costs to cover
- 0.180%
- Break-even
- 6.7 days
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 2 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 2.05 bp | 13.6 bp −$14 | 34.7 bp −$347 | 1431.9 bp −$143.2K | doesn't fit |
Deribit: 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 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 | 121.59 | −0.295% | $30K | $98K | 30x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.95 | 0.000% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.92 | −0.025% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.94 | −0.008% | $574K | $7.2M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.97 | +0.016% | $5.5M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.89 | −0.047% | $2.3M | $938K | — | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | 0.0000% | 1h | 121.95 | long leg | $6K | $50K | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.93 | −0.016% | $998K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 121.84 | −0.090% | — | $64K | 25x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 122.03 | +0.066% | $1.3M | $2.8M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HOOD-USD | +0.0040% | 1h | 121.91 | −0.033% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.94 | −0.008% | $51.3M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.88 | −0.057% | $254K | $336K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.96 | +0.008% | $1.3M | $1.3M | 15x | as long as short |
| Bybit HOODUSDTshort | +0.0090% | 8h | 121.95 | 0.000% | $3.7M | $7.9M | 25x | |
| Pacifica HOOD | +0.0100% | 1h | 121.98 | +0.026% | $75K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.89 | −0.049% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.03 | +0.066% | $5K | $31K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.94 | −0.008% | $2K | $2K | 10x | as long as short |
| Lighter HOOD | +0.0104% | 1h | 121.98 | +0.028% | $2.9M | $3.2M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.93 | −0.014% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0128% | 1h | 121.90 | −0.044% | $361K | $2.3M | 10x | as long as short |
| Binance HOODUSDT | +0.0131% | 8h | 121.98 | +0.026% | $21.2M | $89.1M | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 121.98 | +0.025% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 122.08 | +0.107% | $234K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0251% | 8h | 122.01 | +0.049% | $173K | $179K | 20x | as long as short |
| edgeX HOODUSDC | +0.0326% | 4h | 122.18 | +0.190% | $368K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 122.25 | +0.242% | $420K | $1.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0625% | 1h | 121.92 | −0.021% | $731 | $4K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0986% | 8h | 122.15 | +0.164% | $862K | $1.8M | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Bybit HOODUSDT
Injective HOOD/USDC PERP
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC
SoDEX HOOD-USD
GRVT HOOD_USDT_Perp