Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.034%
Price spread now: ApeX Omni against Polymarket Perps+0.139%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1231.232% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.139%, 7d avg +0.119%
=The price spread sits at its 7-day average of +0.119%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 122.69 | −0.0035 | get 0.0004% / 1h | 17m 34s | $269K | $332K | 10x |
| Short | ApeX Omni HOODUSDT | 122.86 | 0.0100 | get 0.0013% / 1h | 17m 34s | $5K | $132K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Polymarket 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
- $28.43
- Price spread: +0.139% → +0.119%
- $1.95
- Slippage, 4 orders
- −$105.17
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$92.8
- Costs to cover
- 1.232%
- Break-even
- 29.9 days
Slippage from Polymarket Perps: live order book, 60 min ago; ApeX Omni: live order book, 58 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 Polymarket Perps live order book, 60 min ago | 0.41 bp | 5.8 bp −$6 | 7.5 bp −$75 | 9.7 bp −$972 | doesn't fit |
| Sell ApeX Omni live order book, 58 min ago | 10.62 bp | 49.7 bp −$50 | doesn't fit | 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-USDlong | −0.0035% | 1h | 122.69 | long leg | $269K | $332K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 122.92 | +0.186% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.89 | +0.163% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.87 | +0.147% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.87 | +0.144% | $383K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.86 | +0.139% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.84 | +0.122% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.84 | +0.121% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.88 | +0.155% | $861K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.84 | +0.122% | $8K | $70K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.85 | +0.130% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.163% | $63K | $50K | 30x | as long as short |
| Extended HOOD_24_5-USD | +0.0008% | 1h | 122.85 | +0.132% | $411K | $1.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.122% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0008% | 8h | 122.86 | +0.135% | $22.0M | $88.6M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.82 | +0.106% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.83 | +0.114% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.76 | +0.057% | $1.1M | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0041% | 8h | 122.86 | +0.139% | $183K | $125K | 20x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.73 | +0.033% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.84 | +0.122% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.86 | +0.139% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0056% | 1h | 122.83 | +0.114% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.83 | +0.111% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.89 | +0.163% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDTshort | +0.0100% | 1h | 122.86 | +0.139% | $5K | $132K | 50x | |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.85 | +0.130% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.83 | +0.113% | $16K | — | 10x | as long as short |
| edgeX HOODUSDC | +0.0173% | 4h | 122.88 | +0.155% | $370K | $308K | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.95 | +0.212% | $28K | $239K | 10x | as long as short |
Polymarket Perps HOOD-USD
ApeX Omni HOODUSDT
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Lighter HOOD
BloFin HOOD-USDT
SoDEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
edgeX HOODUSDC
Phoenix HOOD