HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0428%/8h= −46.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.058%

Price spread now: Ondo Perps against RISEx−0.087%7-day average −0.067% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.140%−$14 on $10k

Price spread, last 5 days (all we have)−0.183%−$18 · spread now −0.087%, 7d avg −0.067%

Together, before fees−0.323%+ Points / potential airdropOndo Perps: Active · farm board−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Ondo Perps is 0.021% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.067%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.140% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx HOOD/USDC	120.53	0.0479	pay 0.0060% / 1h	8m 56s	$402K	$1.4M	10x
Short	Ondo Perps HOOD-USD.P	120.42	0.0050	get 0.0006% / 1h	8m 56s	$1.3M	$1.4M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee Ondo PerpsbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$89.98
Price spread: −0.087% → −0.067%: −$2.06
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$103.04
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 5 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 RISEx live order book, 5 min ago	2.07 bp	5.1 bp −$5	5.5 bp −$55	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	−0.0440%	1h	120.22	−0.253%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0164%	8h	120.50	−0.021%	$598K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0155%	8h	120.46	−0.054%	$5.5M	$9.9M	20x	as long as short
Polymarket Perps HOOD-USD	−0.0023%	1h	120.26	−0.220%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.40	−0.103%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.37	−0.127%	$358K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.39	−0.115%	$20.7M	$91.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.37	−0.129%	$3.7M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.37	−0.129%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.42	−0.087%	$2.2M	$1.0M	—	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	120.42	−0.086%	$844K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.43	−0.079%	$985K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	120.25	−0.228%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.37	−0.129%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.45	−0.062%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.34	−0.153%	$51.1M	$26.9M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.38	−0.119%	$719	$4K	10x	as long as short
Ondo Perps HOOD-USD.Pshort	+0.0050%	1h	120.42	−0.087%	$1.3M	$1.4M	15x
Lighter HOOD	+0.0072%	1h	120.39	−0.108%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.43	−0.079%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.43	−0.079%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.39	−0.112%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.40	−0.104%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.36	−0.136%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.43	−0.079%	$173K	$175K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0166%	1h	120.37	−0.129%	$6K	$52K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.33	−0.162%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.43	−0.079%	$28K	$238K	10x	as long as short
RISEx HOOD/USDClong	+0.0479%	1h	120.53	long leg	$402K	$1.4M	10x
edgeX HOODUSDC	+0.0701%	4h	120.43	−0.075%	$362K	$303K	10x	as long as short