Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.034%
Price spread now: Pacifica against Polymarket Perps+0.130%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 4 days (all we have)−0.478%−$48 · spread now +0.130%, 7d avg +0.095%
=Together, before fees−0.122%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.035% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 120.40 | 0.0050 | pay 0.0006% / 1h | 31m 31s | $250K | $344K | 10x |
| Short | Pacifica HOOD | 120.56 | 0.0100 | get 0.0013% / 1h | 31m 31s | $67K | $106K | 10x |
Polymarket Perps HOOD-USD
Pacifica HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.130% → +0.095%
- $3.49
- Slippage, 4 orders
- −$17.22
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$19.23
- Costs to cover
- 0.332%
- Break-even
- 19.8 days
Slippage from Polymarket Perps: live order book, 11 min ago; Pacifica: live order book, 11 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, 11 min ago | 2.49 bp | 7.7 bp −$8 | 8.1 bp −$81 | 15.9 bp −$1,586 | doesn't fit |
| Sell Pacifica live order book, 11 min ago | 1.49 bp | 10.8 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0392% | 1h | 120.34 | −0.050% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0181% | 8h | 120.60 | +0.166% | $599K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0167% | 8h | 120.67 | +0.224% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.63 | +0.187% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.57 | +0.144% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.61 | +0.175% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.57 | +0.141% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.59 | +0.158% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | +0.169% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.64 | +0.199% | $852K | $2.0M | 10x | 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 HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.57 | +0.141% | $986K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0015% | 1h | 120.40 | 0.000% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.51 | +0.091% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USDlong | +0.0050% | 1h | 120.40 | long leg | $250K | $344K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.55 | +0.125% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.50 | +0.083% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.58 | +0.150% | $1.3M | $2.9M | 10x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.59 | +0.154% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0090% | 1h | 120.54 | +0.116% | $51.2M | $27.8M | 10x | as long as short |
| Pacifica HOODshort | +0.0100% | 1h | 120.56 | +0.130% | $67K | $106K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.66 | +0.216% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.54 | +0.116% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | +0.150% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.55 | +0.126% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.61 | +0.174% | $174K | $159K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | +0.166% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.62 | +0.183% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.58 | +0.150% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.65 | +0.208% | $373K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0985% | 4h | 120.62 | +0.184% | $363K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC