HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h +0.023%

Price spread now: Variational Omni against GRVT−0.017%89s7-day average +0.006% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.017%, 7d avg +0.006%

Together, before fees+0.048%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$5 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 Variational Omni is 0.023% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.006%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT HOOD_USDT_Perp	123.74	0.0115	pay 0.0115% / 8h	2h 14m	$871K	$2.2M	10x
Short	Variational Omni HOOD	123.72	0.0030	get 0.0030% / 8h	2h 14m	$2.4M	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee Variational OmnibpOrdersPrice spread, now −0.017%Rate

Funding earned: −$17.79
Price spread: −0.017% → +0.006%: −$2.31
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$29.1
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 GRVT live order book, 5 min ago	0.40 bp	11.8 bp −$12	27.7 bp −$277	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	4.08 bp	doesn't fit	23.3 bp −$233	doesn't fit	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
Aster HOODUSDT	0.0000%	8h	123.62	−0.097%	$110K	$262K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	123.61	−0.105%	$4.0M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.65	−0.073%	$3.0M	$5.7M	20x	as long as short
Gate HOOD_USDT	0.0000%	8h	123.61	−0.105%	$554K	$7.9M	50x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.63	−0.089%	$1.0M	$8K	10x	as long as short
Injective HOOD/USDC PERP	+0.0004%	1h	123.73	−0.008%	$63K	$50K	30x	as long as short
Bitget HOODUSDT	+0.0023%	8h	123.62	−0.097%	$5.7M	$9.2M	20x	as long as short
Variational Omni HOODshort	+0.0030%	8h	123.72	−0.017%	$2.4M	$1.0M	—
Vest HOOD-USD-PERP	+0.0046%	1h	123.52	−0.178%	—	$63K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	123.52	−0.178%	$263K	$320K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX HOOD-USD	+0.0050%	1h	123.59	−0.117%	$744	$3K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	123.67	−0.057%	$1.4M	$1.3M	15x	as long as short
Lighter HOOD	+0.0056%	1h	123.57	−0.135%	$3.1M	$1.9M	10x	as long as short
QFEX HOOD-USD	+0.0061%	1h	123.58	−0.129%	$1.3M	$4.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.58	−0.130%	$80K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.71	−0.024%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	123.59	−0.121%	$45K	$249K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.62	−0.097%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.60	−0.115%	$16K	—	10x	as long as short
GRVT HOOD_USDT_Perplong	+0.0115%	8h	123.74	long leg	$871K	$2.2M	10x
Extended HOOD_24_5-USD	+0.0152%	1h	123.61	−0.109%	$419K	$1.2M	10x	as long as short
Binance HOODUSDT	+0.0154%	8h	123.62	−0.094%	$23.8M	$84.3M	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	123.41	−0.267%	$196K	$1.8M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0235%	1h	123.67	−0.057%	$6K	$84K	10x	as long as short
BloFin HOOD-USDT	+0.0275%	8h	123.66	−0.065%	$187K	$123K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0308%	1h	123.60	−0.113%	$53.1M	$30.0M	10x	as long as short
Phoenix HOOD	+0.0323%	1h	123.80	+0.049%	$28K	$188K	10x	as long as short
RISEx HOOD/USDC	+0.0337%	1h	123.62	−0.095%	$424K	$1.4M	10x	as long as short
Arcus HOOD-USD	+0.0472%	1h	123.57	−0.137%	$1.1M	$1.7M	10x	as long as short
edgeX HOODUSDC	+0.0927%	4h	123.81	+0.058%	$372K	$308K	10x	as long as short