Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against Orderly+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. Bitget is 0.041% dearer against Orderly than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HOOD_USDC_mythos | 121.43 | 0.0100 | pay 0.0100% / 8h | 3h 51m | $2K | $2K | 10x |
| Short | Bitget HOODUSDT | 121.48 | 0 | get 0.0000% / 8h | 3h 51m | $5.4M | $9.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. 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
- −$21
- Price spread: +0.041% → 0.000%
- $4.12
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.88
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 1.23 bp | 12.7 bp −$13 | 29.8 bp −$298 | 136.9 bp −$13.7K | doesn't fit |
Orderly: 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 | 121.21 | −0.181% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0091% | 8h | 121.47 | +0.033% | $575K | $7.6M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.48 | +0.044% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.40 | −0.022% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.44 | +0.007% | $20.9M | $91.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.48 | +0.041% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.44 | +0.008% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.45 | +0.016% | $390K | $1.4M | 10x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 121.48 | +0.041% | $5.4M | $9.6M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 121.51 | +0.069% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.50 | +0.058% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.46 | +0.025% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 121.29 | −0.115% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.44 | +0.008% | $1.3M | $3.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0029% | 1h | 121.25 | −0.148% | $252K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | 0.000% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.36 | −0.058% | $51.6M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.40 | −0.022% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.47 | +0.033% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.45 | +0.017% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.46 | +0.025% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.43 | 0.000% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythoslong | +0.0100% | 8h | 121.43 | long leg | $2K | $2K | 10x | |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.39 | −0.029% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.272% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.49 | +0.049% | $175K | $160K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.47 | +0.033% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0224% | 1h | 121.43 | +0.001% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0409% | 1h | 121.43 | 0.000% | $6K | $57K | 10x | as long as short |
| edgeX HOODUSDC | +0.0992% | 4h | 121.52 | +0.070% | $366K | $304K | 10x | as long as short |
Bitget HOODUSDT
Injective HOOD/USDC PERP
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC