Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%
Price spread now: Binance against Ondo Perps+0.269%46s7-day average +0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 2 days (all we have)−0.117%−$12 · spread now +0.269%, 7d avg +0.126%
=Together, before fees−0.041%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.143% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of +0.126%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you. The two prices were read 46 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 | Ondo Perps HOOD-USD.P | 122.73 | 0.0050 | pay 0.0006% / 1h | 27m 50s | $1.2M | $1.6M | 15x |
| Short | Binance HOODUSDT | 123.06 | 0 | get 0.0000% / 8h | 7h 27m | $22.0M | $89.3M | 20x |
Ondo Perps HOOD-USD.P
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.58
- Price spread: +0.269% → +0.126%
- $14.28
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.3
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.41 bp | 7.4 bp −$7 | 20.7 bp −$207 | 68.8 bp −$6,882 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.87 | +0.117% | $108K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 123.03 | +0.247% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 123.06 | +0.269% | $22.0M | $89.3M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 123.10 | +0.301% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.00 | +0.220% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.99 | +0.210% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.99 | +0.212% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.98 | +0.204% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | +0.099% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.85 | +0.095% | $862K | $2.0M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.99 | +0.212% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.98 | +0.204% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.84 | +0.090% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.89 | +0.130% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.86 | +0.106% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.98 | +0.205% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 122.73 | long leg | $1.2M | $1.6M | 15x | |
| Lighter HOOD | +0.0096% | 1h | 122.92 | +0.155% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.318% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.97 | +0.198% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.94 | +0.171% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.84 | +0.090% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.95 | +0.179% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.96 | +0.184% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.94 | +0.171% | $181K | $115K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0162% | 1h | 123.01 | +0.228% | $52.8M | $27.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0167% | 4h | 122.97 | +0.196% | $370K | $309K | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.96 | +0.187% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.88 | +0.122% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0727% | 1h | 122.96 | +0.187% | $8K | $69K | 10x | as long as short |
Phemex HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL