Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.053%
Price spread now: Coinbase International against Polymarket Perps+0.125%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.125%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.146% dearer against Polymarket Perps than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 119.73 | 0.0050 | pay 0.0006% / 1h | 30m 47s | $250K | $336K | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 119.88 | 0.0200 | get 0.0025% / 1h | 30m 47s | $195K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $31.5
- Price spread: +0.125% → −0.021%
- $14.58
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $28.08
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Coinbase International: live order book, 3 min ago. Net counts fees only.
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, 3 min ago | 714.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.75 bp | 9.7 bp −$10 | 16.6 bp −$166 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 119.96 | +0.192% | $54K | $63K | 30x | as long as short |
| Bitget HOODUSDT | −0.0045% | 8h | 119.78 | +0.042% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 119.81 | +0.069% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 119.74 | +0.007% | $353K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 119.81 | +0.065% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 119.76 | +0.025% | $3.7M | $8.5M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 119.79 | +0.050% | $2.6M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 119.79 | +0.050% | $594K | $7.0M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 119.91 | +0.146% | $2.2M | $979K | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 119.90 | +0.142% | $981K | $8K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0005% | 1h | 119.70 | −0.025% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 119.76 | +0.023% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 119.88 | +0.125% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 119.79 | +0.050% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 119.64 | −0.075% | $50.5M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USDlong | +0.0050% | 1h | 119.73 | long leg | $250K | $336K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 119.85 | +0.100% | $715 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 119.81 | +0.067% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 119.83 | +0.085% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 119.81 | +0.067% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.13 | +0.334% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 119.81 | +0.067% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 119.69 | −0.033% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 119.93 | +0.167% | $173K | $174K | 20x | as long as short |
| Phoenix HOOD | +0.0133% | 1h | 120.33 | +0.501% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0200% | 1h | 119.88 | +0.125% | $195K | $1.8M | 10x | |
| GRVT HOOD_USDT_Perp | +0.0263% | 8h | 120.35 | +0.518% | $844K | $1.9M | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 119.96 | +0.192% | $416K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0600% | 4h | 120.17 | +0.369% | $362K | $304K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0920% | 1h | 119.80 | +0.058% | $6K | $53K | 10x | as long as short |
Polymarket Perps HOOD-USD
Coinbase International HOOD-PERP-INTX
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL