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Funding arb · Price arb /

HOOD

RWAall HOOD markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 03:00 UTC+0.0257%/8h= +28.1% APRpaid last 24h +0.147%
Price spread now: edgeX against Polymarket Perps+0.209%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Long on Polymarket PerpsShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.524%+$52 on $10k
Price spread, last 4 days (all we have)+0.138%+$14 · spread now +0.209%, 7d avg +0.150%
Together, before fees+0.662%+ Points / potential airdropedgeX: Active · farm board+$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.058% 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 +0.150%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps HOOD-USD121.49−0.0105get 0.0013% / 1h5m 16s$252K$344K10x
ShortedgeX HOODUSDC121.740.0152get 0.0076% / 4h1h 05m$366K$304K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$53.95
Price spread: +0.209% → +0.150%
$5.83
Slippage, 4 orders
−$20.86
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$21.92
Costs to cover
0.379%
Break-even
4.2 days
Slippage from Polymarket Perps: live order book, 57 min ago; edgeX: live order book, 58 min ago.

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, 57 min ago2.46 bp8.1 bp −$88.1 bp −$8110.8 bp −$1,078doesn't fit
Sell edgeX live order book, 58 min ago6.15 bp11.5 bp −$1120.7 bp −$207doesn'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
Polymarket Perps HOOD-USDlong−0.0105%1h121.49long leg$252K$344K10x
Aster HOODUSDT0.0000%8h121.72+0.187%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.63+0.111%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.66+0.139%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.63+0.115%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.65+0.132%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.66+0.140%$399K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.69+0.165%$579K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h121.66+0.140%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.63+0.116%$2.3M$1.1M—as long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.80+0.259%$861K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.65+0.132%$995K$8K10xas long as short
QFEX HOOD-USD+0.0024%1h121.65+0.132%$1.3M$3.7M10xas long as short
Vest HOOD-USD-PERP+0.0024%1h121.53+0.033%—$62K25xas long as short
Arcus HOOD-USD+0.0040%1h121.67+0.148%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.58+0.074%$52.0M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.63+0.119%$733$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.61+0.099%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54+0.041%$194K$1.9M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0079%1h121.64+0.123%$7K$68K10xas long as short
Pacifica HOOD+0.0100%1h121.61+0.096%$68K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.72+0.189%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.72+0.189%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.67+0.148%$2K$2K10xas long as short
Lighter HOOD+0.0104%1h121.65+0.134%$2.8M$3.1M10xas long as short
Aevo HOOD-PERP+0.0104%1h121.60+0.092%$16K—10xas long as short
BloFin HOOD-USDT+0.0120%8h121.69+0.165%$175K$162K20xas long as short
edgeX HOODUSDCshort+0.0152%4h121.74+0.209%$366K$304K10x
Phoenix HOOD+0.0197%1h121.73+0.198%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.36−0.107%$58K$57K30xas long as short