Funding you earn now, next payment 23:00 UTC+0.1216%/8h= +133.2% APRpaid last 24h +0.096%
Price spread now: Deribit against GRVT−0.197%75s7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.220%+$22 on $10k
+Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.197%, 7d avg +0.009%
=Together, before fees+0.459%+ Points / potential airdropGRVT: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.207% cheaper against GRVT than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of +0.009%). If the spread goes back, that is −$21 on $10k: about 14 hours of funding at the current rate (+$36 a day). At the pace of the last 5 days (+0.220% in total) that is about 4.3 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.220% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT HOOD_USDT_Perp | 123.19 | 0 | get 0.0000% / 8h | 1h 14m | $867K | $2.1M | 10x |
| Short | Deribit HOOD_USDC-PERPETUAL | 122.95 | 0.1216 | get 0.0152% / 1h | 14m 16s | $8K | $81K | 10x |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against GRVT. 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
- $255.39
- Price spread: −0.197% → +0.009%
- −$20.69
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $218.71
- Costs to cover
- 0.160%
- Break-even
- 1.0 days
Slippage unknown: GRVT: live order book, 4 min ago; Deribit: 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 GRVT live order book, 4 min ago | 0.41 bp | 9.6 bp −$10 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0107% | 1h | 122.64 | −0.449% | $269K | $330K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.74 | −0.364% | $109K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.82 | −0.303% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.89 | −0.246% | $3.0M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.76 | −0.350% | $396K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.85 | −0.279% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.93 | −0.214% | $5.6M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.16 | −0.027% | $2.4M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perplong | 0.0000% | 8h | 123.19 | long leg | $867K | $2.1M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 122.87 | −0.262% | $1.0M | $8K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter HOOD | +0.0032% | 1h | 122.82 | −0.302% | $2.9M | $2.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.58 | −0.498% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.77 | −0.347% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.83 | −0.295% | $1.4M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.59 | −0.490% | $1.3M | $4.1M | 10x | as long as short |
| Binance HOODUSDT | +0.0072% | 8h | 122.91 | −0.230% | $23.6M | $86.7M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0072% | 1h | 122.87 | −0.258% | $415K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 122.26 | −0.758% | $189K | $1.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.79 | −0.325% | $80K | $103K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.88 | −0.254% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.21 | +0.014% | $5K | $128K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.75 | −0.360% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.86 | −0.269% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0135% | 1h | 122.88 | −0.254% | $52.8M | $29.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.70 | −0.400% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0195% | 8h | 122.74 | −0.368% | $186K | $123K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | −0.100% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 123.26 | +0.054% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0949% | 4h | 123.20 | +0.008% | $371K | $308K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.1216% | 1h | 122.95 | −0.197% | $8K | $81K | 10x |
Lighter HOOD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Arcus HOOD-USD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC