Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.028%
Price spread now: Arcus against Ondo Perps−0.075%7-day average +0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.092%+$9 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.075%, 7d avg +0.020%
=Together, before fees+0.084%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.095% cheaper against Ondo Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HOOD-USD.P | 120.42 | 0.0050 | pay 0.0006% / 1h | 43m 21s | $1.2M | $1.4M | 15x |
| Short | Arcus HOOD-USD | 120.33 | 0.0040 | get 0.0005% / 1h | 43m 21s | $1.1M | $1.8M | 10x |
Ondo Perps HOOD-USD.P
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- −$2.13
- Price spread: −0.075% → +0.020%
- −$9.49
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.11
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 1 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 1 min ago | 0.42 bp | 4.8 bp −$5 | 5.1 bp −$51 | doesn't fit | doesn't fit |
Ondo Perps: 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 | 119.92 | −0.415% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0098% | 8h | 120.44 | +0.017% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.27 | −0.126% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.37 | −0.042% | $357K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.39 | −0.025% | $20.8M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.46 | +0.033% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.38 | −0.033% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 120.41 | −0.008% | $600K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.49 | +0.054% | $2.2M | $982K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.43 | +0.008% | $985K | $8K | 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
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0010% | 1h | 120.22 | −0.166% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.34 | −0.068% | $2.8M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.41 | −0.008% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 120.33 | −0.075% | $1.1M | $1.8M | 10x | |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.39 | −0.025% | $50.8M | $27.4M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.30 | −0.100% | $251K | $341K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.35 | −0.061% | $718 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 120.42 | long leg | $1.2M | $1.4M | 15x | |
| Pacifica HOOD | +0.0100% | 1h | 120.38 | −0.035% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.44 | +0.017% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | −0.058% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.38 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.35 | −0.058% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0110% | 8h | 120.50 | +0.064% | $853K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.41 | −0.008% | $173K | $175K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.50 | +0.066% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.448% | $195K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0248% | 4h | 120.51 | +0.078% | $363K | $305K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.44 | +0.018% | $418K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0498% | 1h | 120.35 | −0.058% | $6K | $53K | 10x | as long as short |
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL