Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against Gate−0.108%7-day average −0.163% · 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−$40as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now −0.108%, 7d avg −0.163%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.055% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.163%. Mind the row above: over the last 7 days funding on this pair cost −0.147%, 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 | Gate HOOD_USDT | 120.48 | 0 | get 0.0000% / 8h | 7h 46m | $602K | $7.0M | 50x |
| Short | Polymarket Perps HOOD-USD | 120.35 | 0.0050 | get 0.0006% / 1h | 46m 23s | $251K | $341K | 10x |
Gate HOOD_USDT
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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
- $10.5
- Price spread: −0.108% → −0.163%
- $5.5
- Slippage, 4 orders
- −$22.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$29.86
- Costs to cover
- 0.459%
- Break-even
- 26.9 days
Slippage from Gate: live order book, 2 min ago; Polymarket Perps: live order book, 51 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 Gate live order book, 2 min ago | 3.73 bp | 13.4 bp −$13 | 77.2 bp −$772 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 51 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 | −0.465% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0113% | 8h | 120.50 | +0.017% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.30 | −0.151% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.44 | −0.033% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.48 | +0.001% | $20.8M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.50 | +0.017% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.49 | +0.008% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDTlong | 0.0000% | 8h | 120.48 | long leg | $602K | $7.0M | 50x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.30 | −0.153% | $2.2M | $986K | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.46 | −0.017% | $853K | $1.9M | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.47 | −0.008% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0010% | 1h | 120.24 | −0.199% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.43 | −0.038% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.44 | −0.033% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.36 | −0.100% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.42 | −0.050% | $50.8M | $27.4M | 10x | as long as short |
| Polymarket Perps HOOD-USDshort | +0.0050% | 1h | 120.35 | −0.108% | $251K | $341K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.41 | −0.056% | $718 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.42 | −0.050% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.39 | −0.076% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.39 | −0.075% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.33 | −0.125% | $5K | $37K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.43 | −0.042% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.45 | −0.022% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.40 | −0.066% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.18 | −0.249% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.498% | $195K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0249% | 1h | 120.32 | −0.133% | $6K | $53K | 10x | as long as short |
| edgeX HOODUSDC | +0.0382% | 4h | 120.35 | −0.111% | $362K | $304K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.47 | −0.007% | $417K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
RISEx HOOD/USDC