Funding you earn now, next payment 12:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h +0.023%
Price spread now: Binance against Polymarket Perps+0.246%56s7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.246%, 7d avg +0.182%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.064% dearer against Polymarket Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.182%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 122.01 | 0.0050 | pay 0.0006% / 1h | 47m 31s | $252K | $339K | 10x |
| Short | Binance HOODUSDT | 122.31 | 0.0194 | get 0.0194% / 8h | 4h 47m | $21.2M | $87.0M | 20x |
Polymarket Perps HOOD-USD
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $30.2
- Price spread: +0.246% → +0.182%
- $6.36
- Slippage, 4 orders
- −$15.78
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $2.78
- Costs to cover
- 0.338%
- Break-even
- 6.4 days
Slippage from Polymarket Perps: live order book, 58 min ago; Binance: live order book, 3 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, 58 min ago | 2.46 bp | 7.3 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.23 bp | 8.5 bp −$8 | 17.6 bp −$176 | 62.4 bp −$6,239 | doesn't fit |
HOOD on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.26 | +0.205% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.19 | +0.148% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.24 | +0.189% | $2.7M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.25 | +0.197% | $567K | $6.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.19 | +0.148% | $5.6M | $9.0M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.24 | +0.189% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0033% | 1h | 121.69 | −0.262% | $28K | $96K | 30x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 122.22 | +0.172% | $1.3M | $2.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.06 | +0.041% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USDlong | +0.0050% | 1h | 122.01 | long leg | $252K | $339K | 10x |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
QFEX HOOD-USD
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.14 | +0.103% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.27 | +0.213% | $1.3M | $1.2M | 15x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0078% | 1h | 122.16 | +0.123% | $6K | $29K | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 122.19 | +0.143% | $2.8M | $2.9M | 10x | as long as short |
| Variational Omni HOOD | +0.0090% | 8h | 122.43 | +0.346% | $2.3M | $867K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.18 | +0.142% | $73K | $116K | 10x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.06 | +0.041% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.21 | +0.164% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.98 | −0.022% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0109% | 1h | 122.16 | +0.123% | $51.6M | $24.5M | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0120% | 8h | 122.30 | +0.238% | $1.7M | $1.5M | 20x | as long as short |
| Arcus HOOD-USD | +0.0160% | 1h | 122.21 | +0.164% | $1.1M | $1.9M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0165% | 8h | 122.02 | +0.009% | $861K | $1.7M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 122.40 | +0.320% | $232K | $1.5M | 10x | as long as short |
| Binance HOODUSDTshort | +0.0194% | 8h | 122.31 | +0.246% | $21.2M | $87.0M | 20x | |
| Extended HOOD_24_5-USD | +0.0200% | 1h | 122.25 | +0.194% | $467K | $2.6M | 10x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 122.36 | +0.287% | $28K | $241K | 10x | as long as short |
| edgeX HOODUSDC | +0.0312% | 4h | 122.11 | +0.080% | $367K | $303K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0328% | 8h | 122.09 | +0.066% | $176K | $178K | 20x | as long as short |
| RISEx HOOD/USDC | +0.0809% | 1h | 122.41 | +0.325% | $455K | $1.4M | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Deribit HOOD_USDC-PERPETUAL
Lighter HOOD
Variational Omni HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
KuCoin HOODUSDTM
Arcus HOOD-USD
GRVT HOOD_USDT_Perp
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Phoenix HOOD
edgeX HOODUSDC
BloFin HOOD-USDT
RISEx HOOD/USDC