Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG113.09+0.0048pay 0.0006% / 1h27m 07s$390K$261K20xLong Popdex
SHORT112.9500.0000% / 1h27m 07s$67K$1.7M10xShort Deribit
Price gap−0.124%
Funding gap−0.0048% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.080% under its 7d average. Swap the legs.

Funding on this pair paid 0.395% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$39−0.0048% /8h now · paid +0.395% over the last 7D
Price−$8spread −0.124% now, avg −0.044% → −0.080% if it goes back
Costs−$390.393% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.124%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HOOD on 32 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Large against open interest11.6 / 9.9 bp
    $10k is over 10% of Deribit’s open interest.
  • Note: Margin at max leverage$500 + $1,000
    Popdex 20x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Deribit: 24 payments, $0.00.
  • Watch: Gap narrower than usual−0.124% vs −0.044%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$67K vs $390K OI
    Deribit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · Deribit Yes
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0207%/8h × 21 periods+$43.45
Price spread−0.124% → −0.044% (7d avg)−$8.03
Slippage, 4 orderslive order books−$25.86
Fee Popdex bp × 2 orders−$6.40
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$3.84
Costs to cover0.393%Break-even7.6 days
Slippage: Popdex: live order book, 6 min ago; Deribit: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex6.1811.6 bp−$1223.4 bp−$234doesn’t fitdoesn’t fit
SELL · SHORTDeribit0.449.9 bp−$1012.2 bp−$122doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
09-30 13:31Vest MarketsOtherAt the open, $HOOD is up around 5%, with Robinhood's HOOD Summit bringing AI trading agents and perpetual futures. More than 150,000 customers have opened agentic trading accounts since May, with the agents running nearly 30 million daily tool queries. Trade $HOOD volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 16:05AevoContestbitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market HOOD/USD ($HOOD) seen by our collector
09-19 00:09SoDEXOtherRobinhood (HOOD) shares are up 9.12% today. The company has grown beyond its commission-free trading roots, expanding across options, crypto, retirement products, and subscription services while building a broader retail investing ecosystem. Explore our latest research on Robinhood, its growth strategy, and what could drive the company next: @sodex_official on X ↗
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗