Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.018%
Price spread now: Bitget against Polymarket Perps+0.188%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.197%+$20 on $10k
Price spread, last 7 days−0.173%−$17 · spread now +0.188%, 7d avg +0.190%
Together, before fees+0.025%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.190%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps HOOD-USD122.600.0050pay 0.0006% / 1h8m 03s$260K$339K10x
ShortBitget HOODUSDT122.830get 0.0000% / 8h7h 08m$5.5M$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: +0.188% → +0.190%
−$0.22
Slippage, 4 orders
−$17.49
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$48.21
Costs to cover
0.375%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 64 min ago; Bitget: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 64 min ago2.85 bp8.4 bp −$88.5 bp −$8510.7 bp −$1,072doesn't fit
Sell Bitget live order book, just now2.04 bp11.1 bp −$1142.9 bp −$429doesn't fitdoesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HOODUSDT0.0000%8h122.77+0.136%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.72+0.100%$364K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.75+0.122%$21.8M$89.3M20xas long as short
Bybit HOODUSDT0.0000%8h122.76+0.131%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.81+0.171%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.74+0.115%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.74+0.114%$575K$7.9M50xas long as short
Bitget HOODUSDTshort0.0000%8h122.83+0.188%$5.5M$9.5M20x
Variational Omni HOOD0.0000%8h122.79+0.159%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.97+0.305%$862K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.78+0.147%$1.0M$8K10xas long as short
QFEX HOOD-USD+0.0014%1h122.76+0.131%$1.3M$4.1M10xas long as short
Vest HOOD-USD-PERP+0.0039%1h122.62+0.016%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.84+0.196%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USDlong+0.0050%1h122.60long leg$260K$339K10x
SoDEX HOOD-USD+0.0050%1h122.75+0.122%$739$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.75+0.122%$1.2M$1.6M15xas long as short
Lighter HOOD+0.0056%1h122.71+0.091%$2.9M$2.1M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0076%1h122.72+0.098%$8K$69K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h122.34−0.212%$202K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.75+0.122%$71K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.81+0.171%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.76+0.131%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.76+0.131%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.73+0.102%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.82+0.179%$181K$159K20xas long as short
tradeXYZ xyz:HOOD+0.0135%1h122.71+0.090%$52.7M$27.7M10xas long as short
Phoenix HOOD+0.0196%1h122.85+0.204%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.93+0.269%$63K$49K30xas long as short
edgeX HOODUSDC+0.0744%4h122.83+0.186%$370K$304K10xas long as short