HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0134%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.031%

Price spread now: Coinbase International against Ondo Perps−0.190%7-day average −0.070% · you buy dearer than you sell

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

Long on Ondo Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.190%, 7d avg −0.070%

Together, before fees+0.331%+ Points / potential airdropOndo Perps: Active · farm board+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.121% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.070%). If the spread goes back, that is −$12 on $10k: about 3.0 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.116% in total) that is about 7.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps HOOD-USD.P	120.83	0.0050	pay 0.0006% / 1h	45m 23s	$1.2M	$1.4M	15x
Short	Coinbase International HOOD-PERP-INTX	120.60	0.0184	get 0.0023% / 1h	45m 23s	$196K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now −0.190%Rate

Funding earned: $28.06
Price spread: −0.190% → −0.070%: −$12.08
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $0.98
Costs to cover: 0.150%
Break-even: 6.8 days

Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	2.48 bp	8.3 bp −$8	14.1 bp −$141	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	−0.0392%	1h	120.80	−0.025%	$58K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0173%	8h	120.76	−0.058%	$599K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0102%	8h	120.86	+0.025%	$5.4M	$10.0M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.80	−0.025%	$106K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.71	−0.097%	$357K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.80	−0.024%	$20.8M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.76	−0.058%	$3.7M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.83	0.000%	$2.7M	$6.1M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.70	−0.109%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	120.78	−0.040%	$853K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	120.65	−0.149%	$6K	$52K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.74	−0.074%	$988K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0015%	1h	120.55	−0.232%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.70	−0.108%	$1.1M	$1.8M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.63	−0.166%	$250K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.72	−0.088%	$721	$4K	10x	as long as short
Ondo Perps HOOD-USD.Plong	+0.0050%	1h	120.83	long leg	$1.2M	$1.4M	15x
QFEX HOOD-USD	+0.0062%	1h	120.71	−0.099%	$1.3M	$3.0M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.71	−0.100%	$67K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.81	−0.017%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.67	−0.132%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.69	−0.116%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.68	−0.122%	$16K	—	10x	as long as short
Lighter HOOD	+0.0120%	1h	120.72	−0.089%	$2.8M	$3.2M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.84	+0.008%	$175K	$160K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0149%	1h	120.74	−0.074%	$51.3M	$27.9M	10x	as long as short
Coinbase International HOOD-PERP-INTXshort	+0.0184%	1h	120.60	−0.190%	$196K	$1.8M	10x
Phoenix HOOD	+0.0198%	1h	120.73	−0.083%	$28K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0240%	4h	120.76	−0.054%	$363K	$305K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.80	−0.025%	$373K	$1.4M	10x	as long as short