Funding you earn now, next payment 23:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.21 per $10,000 · paid last 24h −0.049%
Price spread now: Polymarket Perps against Pacifica−0.092%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.348%−$35 on $10k
+Price spread, last 4 days (all we have)+0.494%+$49 · spread now −0.092%, 7d avg −0.092%
=Together, before fees+0.147%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 123.08 | 0.0100 | pay 0.0013% / 1h | 27m 31s | $80K | $104K | 10x |
| Short | Polymarket Perps HOOD-USD | 122.97 | −0.0066 | pay 0.0008% / 1h | 27m 31s | $262K | $321K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Pacifica. 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
- −$34.86
- Price spread: −0.092% → −0.092%
- $0.01
- Slippage, 4 orders
- −$36.21
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$87.06
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 55 min ago; Polymarket Perps: live order book, 55 min ago.
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 Pacifica live order book, 55 min ago | 10.47 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 55 min ago | 3.64 bp | 8.2 bp −$8 | 9.9 bp −$99 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USDshort | −0.0066% | 1h | 122.97 | −0.092% | $262K | $321K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 123.19 | +0.083% | $109K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.13 | +0.038% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.17 | +0.071% | $3.0M | $5.7M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 123.16 | +0.064% | $401K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.18 | +0.079% | $557K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 123.14 | +0.046% | $5.6M | $9.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.17 | +0.070% | $2.4M | $1.0M | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.18 | +0.079% | $1.0M | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 123.09 | +0.008% | $2.9M | $2.1M | 10x | 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 | +0.0035% | 8h | 123.17 | +0.071% | $866K | $2.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.05 | −0.027% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.17 | +0.067% | $739 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.02 | −0.051% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 123.15 | +0.054% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 123.01 | −0.059% | $190K | $1.8M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 123.08 | long leg | $80K | $104K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.22 | +0.111% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.18 | +0.079% | $5K | $132K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.18 | +0.079% | $2K | $2K | 10x | as long as short |
| Binance HOODUSDT | +0.0103% | 8h | 123.18 | +0.079% | $23.7M | $84.0M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0104% | 1h | 123.16 | +0.062% | $417K | $1.2M | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.18 | +0.077% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0158% | 1h | 123.15 | +0.054% | $52.9M | $29.6M | 10x | as long as short |
| Arcus HOOD-USD | +0.0187% | 1h | 123.09 | +0.006% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0227% | 8h | 123.24 | +0.127% | $187K | $123K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.34 | +0.209% | $63K | $50K | 30x | as long as short |
| edgeX HOODUSDC | +0.0360% | 4h | 123.16 | +0.064% | $371K | $306K | 10x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 123.20 | +0.095% | $28K | $188K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0400% | 1h | 123.19 | +0.087% | $6K | $80K | 10x | as long as short |
Pacifica HOOD
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
Phemex HOODUSDT
Lighter HOOD
GRVT HOOD_USDT_Perp
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Binance HOODUSDT
Extended HOOD_24_5-USD
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
edgeX HOODUSDC
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL