Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.047%
Price spread now: Arcus against Polymarket Perps+0.065%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 3 days (all we have)+0.304%+$30 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.065%, 7d avg +0.090%
=Funding pays, the price is against you. Arcus is 0.025% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.090%). If the spread goes back, that is −$2 on $10k: about 26 hours of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.304% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 122.77 | −0.0036 | get 0.0004% / 1h | 23m 30s | $270K | $332K | 10x |
| Short | Arcus HOOD-USD | 122.85 | 0.0040 | get 0.0005% / 1h | 23m 30s | $1.1M | $1.7M | 10x |
Polymarket Perps HOOD-USD
Arcus HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $15.93
- Price spread: +0.065% → +0.090%
- −$2.48
- Slippage, 4 orders
- −$13.05
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$12.1
- Costs to cover
- 0.255%
- Break-even
- 12.3 days
Slippage from Polymarket Perps: live order book, 54 min ago; Arcus: live order book, 1 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, 54 min ago | 0.41 bp | 5.8 bp −$6 | 7.5 bp −$75 | 9.7 bp −$972 | doesn't fit |
| Sell Arcus live order book, 1 min ago | 1.63 bp | 7.2 bp −$7 | 8.4 bp −$84 | 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 | −0.0036% | 1h | 122.77 | long leg | $270K | $332K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 122.90 | +0.106% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.92 | +0.122% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.92 | +0.122% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.89 | +0.094% | $385K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.90 | +0.106% | $567K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.92 | +0.122% | $5.5M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.93 | +0.131% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.91 | +0.114% | $868K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.91 | +0.114% | $8K | $70K | 10x | as long as short |
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-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.90 | +0.106% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.89 | +0.098% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | +0.057% | $199K | $1.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0012% | 8h | 122.91 | +0.118% | $22.0M | $88.5M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0016% | 1h | 122.88 | +0.091% | $411K | $1.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.91 | +0.114% | $1.3M | $4.3M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.86 | +0.070% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USDshort | +0.0040% | 1h | 122.85 | +0.065% | $1.1M | $1.7M | 10x | |
| Vest HOOD-USD-PERP | +0.0044% | 1h | 122.82 | +0.041% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.89 | +0.102% | $738 | $4K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0050% | 8h | 122.93 | +0.130% | $183K | $126K | 20x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.80 | +0.024% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0067% | 1h | 122.92 | +0.122% | $52.7M | $29.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.89 | +0.094% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.87 | +0.081% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.85 | +0.065% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.89 | +0.098% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.89 | +0.097% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | +0.179% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 122.90 | +0.103% | $370K | $307K | 10x | as long as short |
Phemex HOODUSDT
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
Binance HOODUSDT
Extended HOOD_24_5-USD
QFEX HOOD-USD
Lighter HOOD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
BloFin HOOD-USDT
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
edgeX HOODUSDC