Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%
Price spread now: SoDEX against OKX−0.060%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. SoDEX is 0.060% cheaper against OKX than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.0 days of funding at the current rate (+$2 a day). The two prices were read 56 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 | OKX HOOD-USDT-SWAP | 120.69 | 0 | get 0.0000% / 8h | 51m 23s | $2.7M | $6.2M | 20x |
| Short | SoDEX HOOD-USD | 120.62 | 0.0050 | get 0.0006% / 1h | 51m 23s | $722 | $4K | 10x |
OKX HOOD-USDT-SWAP
SoDEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against OKX. 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: −0.060% → 0.000%
- −$6.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$13.55
- Costs to cover
- 0.180%
- Break-even
- 16.0 days
Slippage unknown: OKX: live order book, 1 min ago; SoDEX: 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 OKX live order book, 1 min ago | 1.66 bp | 14.1 bp −$14 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 120.38 | −0.257% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.74 | +0.041% | $601K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0106% | 8h | 120.80 | +0.091% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0039% | 1h | 120.51 | −0.149% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.69 | 0.000% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.69 | −0.003% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.72 | +0.027% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.67 | −0.017% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAPlong | 0.0000% | 8h | 120.69 | long leg | $2.7M | $6.2M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.67 | −0.018% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.66 | −0.025% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.60 | −0.075% | $6K | $52K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.66 | −0.025% | $987K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.48 | −0.174% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 120.68 | −0.007% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.58 | −0.091% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.69 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.60 | −0.075% | $51.2M | $27.0M | 10x | as long as short |
| SoDEX HOOD-USDshort | +0.0050% | 1h | 120.62 | −0.060% | $722 | $4K | 10x | |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.083% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.70 | +0.006% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.66 | −0.025% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.58 | −0.091% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.66 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.65 | −0.036% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.74 | +0.041% | $174K | $165K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | −0.017% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.64 | −0.041% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.74 | +0.045% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0645% | 4h | 120.64 | −0.043% | $363K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC