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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 122.60 | 0.0050 | pay 0.0006% / 1h | 8m 03s | $260K | $339K | 10x |
| Short | Bitget HOODUSDT | 122.83 | 0 | get 0.0000% / 8h | 7h 08m | $5.5M | $9.5M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 64 min ago | 2.85 bp | 8.4 bp −$8 | 8.5 bp −$85 | 10.7 bp −$1,072 | doesn't fit |
| Sell Bitget live order book, just now | 2.04 bp | 11.1 bp −$11 | 42.9 bp −$429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.77 | +0.136% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.72 | +0.100% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.75 | +0.122% | $21.8M | $89.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.76 | +0.131% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.81 | +0.171% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.74 | +0.115% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.74 | +0.114% | $575K | $7.9M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 122.83 | +0.188% | $5.5M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.79 | +0.159% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.97 | +0.305% | $862K | $2.0M | 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 | 122.78 | +0.147% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.76 | +0.131% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0039% | 1h | 122.62 | +0.016% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.84 | +0.196% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USDlong | +0.0050% | 1h | 122.60 | long leg | $260K | $339K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.75 | +0.122% | $739 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.75 | +0.122% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 122.71 | +0.091% | $2.9M | $2.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0076% | 1h | 122.72 | +0.098% | $8K | $69K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.212% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.75 | +0.122% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.81 | +0.171% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.76 | +0.131% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.76 | +0.131% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.73 | +0.102% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.82 | +0.179% | $181K | $159K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0135% | 1h | 122.71 | +0.090% | $52.7M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.85 | +0.204% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.93 | +0.269% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0744% | 4h | 122.83 | +0.186% | $370K | $304K | 10x | as long as short |
Polymarket Perps HOOD-USD
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
SoDEX HOOD-USD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC