Funding you earn now, next payment 08:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.018%
Price spread now: Ondo Perps against Polymarket Perps+0.116%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 7 days−0.365%−$37 · spread now +0.116%, 7d avg +0.060%
=Together, before fees−0.148%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.057% 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 +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 120.45 | −0.0052 | get 0.0006% / 1h | 52m 26s | $251K | $345K | 10x |
| Short | Ondo Perps HOOD-USD.P | 120.59 | 0.0050 | get 0.0006% / 1h | 52m 26s | $1.2M | $1.4M | 15x |
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $21.4
- Price spread: +0.116% → +0.060%
- $5.67
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $14.07
- Costs to cover
- 0.130%
- Break-even
- 2.4 days
Slippage unknown: Polymarket Perps: live order book, 50 min ago; Ondo Perps: no order-book sample. 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, 50 min ago | 2.49 bp | 7.7 bp −$8 | 8.1 bp −$81 | 15.9 bp −$1,586 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 120.38 | −0.058% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0177% | 8h | 120.65 | +0.166% | $600K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0106% | 8h | 120.74 | +0.241% | $5.5M | $10.0M | 20x | as long as short |
| Polymarket Perps HOOD-USDlong | −0.0052% | 1h | 120.45 | long leg | $251K | $345K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 120.67 | +0.179% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.59 | +0.119% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.63 | +0.152% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.61 | +0.133% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.64 | +0.158% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.67 | +0.181% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.66 | +0.174% | $849K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.59 | +0.116% | $6K | $52K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.63 | +0.149% | $987K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.43 | −0.017% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 120.61 | +0.136% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.57 | +0.100% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.62 | +0.141% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.57 | +0.100% | $51.2M | $27.0M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.58 | +0.110% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Pshort | +0.0050% | 1h | 120.59 | +0.116% | $1.2M | $1.4M | 15x | |
| Pacifica HOOD | +0.0100% | 1h | 120.61 | +0.132% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.63 | +0.149% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.60 | +0.125% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.60 | +0.125% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.58 | +0.106% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.74 | +0.241% | $174K | $165K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.183% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.65 | +0.166% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.67 | +0.178% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0833% | 4h | 120.68 | +0.193% | $363K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC