Funding you earn now, next payment 02:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.032%
Price spread now: KuCoin against Polymarket Perps+0.281%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 7 days−0.259%−$26 · spread now +0.281%, 7d avg +0.141%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.140% dearer against Polymarket Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 121.03 | −0.0124 | get 0.0015% / 1h | 39m 48s | $251K | $344K | 10x |
| Short | KuCoin HOODUSDTM | 121.37 | 0.0100 | get 0.0100% / 8h | 6h 39m | $1.3M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $46.99
- Price spread: +0.281% → +0.141%
- $13.97
- Slippage, 4 orders
- −$130.86
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$89.9
- Costs to cover
- 1.509%
- Break-even
- 20.4 days
Slippage from Polymarket Perps: live order book, 27 min ago; KuCoin: live order book, 10 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, 27 min ago | 1.22 bp | 5.9 bp −$6 | 7.5 bp −$75 | 9.2 bp −$918 | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 3.28 bp | 31.5 bp −$32 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USDlong | −0.0124% | 1h | 121.03 | long leg | $251K | $344K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.33 | +0.244% | $106K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.28 | +0.207% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.32 | +0.243% | $21.1M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.32 | +0.240% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.31 | +0.231% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.29 | +0.211% | $372K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.34 | +0.256% | $565K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.37 | +0.281% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.58 | +0.455% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.80 | +0.640% | $852K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.23 | +0.165% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.30 | +0.223% | $992K | $8K | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.35 | +0.265% | $2.9M | $3.0M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.30 | +0.223% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0035% | 1h | 121.16 | +0.107% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.62 | +0.487% | $1.1M | $1.8M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.37 | +0.283% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.51 | +0.397% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.42 | +0.322% | $196K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0071% | 1h | 121.33 | +0.248% | $52.3M | $28.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.42 | +0.318% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 121.37 | +0.281% | $1.3M | $1.1M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.74 | +0.587% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.24 | +0.174% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.23 | +0.169% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.801% | $182K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | +0.289% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.74 | +0.587% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0823% | 4h | 121.84 | +0.667% | $367K | $303K | 10x | as long as short |
Polymarket Perps HOOD-USD
KuCoin HOODUSDTM
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Lighter HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC