Funding you earn now, next payment 23:00 UTC−0.0106%/8h= −11.7% APRpaid last 24h −0.020%
Price spread now: Polymarket Perps against GRVT−0.408%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days+0.388%+$39 · spread now −0.408%, 7d avg −0.175%
=Together, before fees+0.165%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.233% cheaper against GRVT than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.175%). Swap the legs.
| 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 13m | $867K | $2.1M | 10x |
| Short | Polymarket Perps HOOD-USD | 122.69 | −0.0106 | pay 0.0013% / 1h | 13m 22s | $269K | $330K | 10x |
GRVT HOOD_USDT_Perp
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$22.34
- Price spread: −0.408% → −0.175%
- −$23.32
- Slippage, 4 orders
- −$11.29
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$73.96
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; Polymarket Perps: live order book, 4 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 GRVT live order book, 5 min ago | 0.41 bp | 9.6 bp −$10 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.41 bp | 6.4 bp −$6 | 7.5 bp −$75 | 9.2 bp −$923 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USDshort | −0.0106% | 1h | 122.69 | −0.408% | $269K | $330K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 122.84 | −0.287% | $109K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.91 | −0.230% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.87 | −0.262% | $3.0M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.86 | −0.275% | $396K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.88 | −0.254% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.90 | −0.238% | $5.6M | $9.5M | 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 | 122.82 | −0.303% | $1.0M | $8K | 10x | as long as short |
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 | 122.87 | −0.262% | $2.9M | $2.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.77 | −0.344% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.82 | −0.303% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.82 | −0.303% | $1.4M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.90 | −0.238% | $1.3M | $4.1M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0072% | 1h | 122.84 | −0.290% | $415K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0075% | 8h | 122.87 | −0.262% | $23.6M | $86.8M | 20x | 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 | 122.89 | −0.247% | $80K | $103K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.93 | −0.214% | $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 | 122.84 | −0.287% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.87 | −0.262% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0135% | 1h | 122.89 | −0.246% | $52.8M | $29.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 122.84 | −0.287% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0195% | 8h | 122.82 | −0.303% | $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 |
| Deribit HOOD_USDC-PERPETUAL | +0.0320% | 1h | 122.95 | −0.197% | $8K | $81K | 10x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 122.79 | −0.327% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0949% | 4h | 123.20 | +0.008% | $371K | $308K | 10x | as long as short |
Lighter HOOD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Extended HOOD_24_5-USD
Binance HOODUSDT
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
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
edgeX HOODUSDC