Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against QFEX−0.190%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now −0.190%, 7d avg −0.051%
=Together, before fees−0.041%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.139% cheaper against QFEX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HOOD-USD | 120.79 | 0.0062 | pay 0.0008% / 1h | 24m 59s | $1.3M | $2.9M | 10x |
| Short | Ondo Perps HOOD-USD.P | 120.56 | 0.0050 | get 0.0006% / 1h | 24m 59s | $1.2M | $1.4M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against QFEX. 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
- −$2.5
- Price spread: −0.190% → −0.051%
- −$13.94
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$31.44
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 8 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 QFEX live order book, 8 min ago | 1.66 bp | 6.7 bp −$7 | 9.2 bp −$92 | doesn't fit | 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 | −0.0392% | 1h | 120.34 | −0.373% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0178% | 8h | 120.89 | +0.083% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0173% | 8h | 120.91 | +0.099% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.83 | +0.029% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.84 | +0.038% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.86 | +0.062% | $20.8M | $92.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.84 | +0.041% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.86 | +0.058% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.83 | +0.036% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.71 | −0.067% | $845K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.84 | +0.041% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.62 | −0.141% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.63 | −0.132% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.70 | −0.075% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.85 | +0.047% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Pshort | +0.0050% | 1h | 120.56 | −0.190% | $1.2M | $1.4M | 15x | |
| QFEX HOOD-USDlong | +0.0062% | 1h | 120.79 | long leg | $1.3M | $2.9M | 10x | |
| Lighter HOOD | +0.0080% | 1h | 120.84 | +0.045% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0083% | 1h | 120.79 | 0.000% | $51.3M | $27.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.82 | +0.028% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.75 | −0.033% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | −0.132% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.82 | +0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.84 | +0.044% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.90 | +0.091% | $174K | $160K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.157% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.61 | −0.149% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.85 | +0.051% | $395K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0415% | 4h | 120.67 | −0.098% | $363K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0744% | 1h | 120.88 | +0.075% | $6K | $52K | 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_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL