Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.083%
Price spread now: Deribit against SoDEX+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 0.034% dearer against SoDEX than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX HOOD-USD | 121.82 | 0.0050 | pay 0.0006% / 1h | 16m 15s | $734 | $4K | 10x |
| Short | Deribit HOOD_USDC-PERPETUAL | 121.86 | 0 | get 0.0000% / 1h | 16m 15s | $8K | $68K | 10x |
SoDEX HOOD-USD
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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: +0.034% → 0.000%
- $3.45
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.05
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Deribit: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
SoDEX and Deribit: 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0127% | 1h | 121.66 | −0.130% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.91 | +0.079% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.81 | −0.005% | $359K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.84 | +0.018% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.86 | +0.034% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.87 | +0.043% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.86 | +0.033% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.86 | +0.034% | $576K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.89 | +0.059% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.93 | +0.094% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.81 | −0.006% | $854K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | 0.0000% | 1h | 121.86 | +0.034% | $8K | $68K | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.86 | +0.034% | $997K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0028% | 1h | 121.75 | −0.056% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.85 | +0.026% | $2.9M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.81 | −0.007% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.83 | +0.010% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USDlong | +0.0050% | 1h | 121.82 | long leg | $734 | $4K | 10x | |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.92 | +0.084% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | −0.031% | $195K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0067% | 1h | 121.87 | +0.043% | $52.4M | $28.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.86 | +0.034% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.93 | +0.092% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.78 | −0.031% | $5K | $91K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.85 | +0.026% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.83 | +0.011% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.360% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.117% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0462% | 4h | 121.79 | −0.021% | $367K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC