Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.042%
Price spread now: Polymarket Perps against tradeXYZ−0.174%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.174%, 7d avg −0.093%
=Together, before fees−0.234%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.081% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HOOD | 120.55 | 0.0050 | pay 0.0006% / 1h | 31m 44s | $51.1M | $26.9M | 10x |
| Short | Polymarket Perps HOOD-USD | 120.34 | 0.0001 | get 0.0000% / 1h | 31m 44s | $251K | $345K | 10x |
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- −$10.3
- Price spread: −0.174% → −0.093%
- −$8.15
- Slippage, 4 orders
- −$12.89
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$57.34
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Polymarket Perps: live order book, 5 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 tradeXYZ live order book, 8 min ago | 0.83 bp | 10.8 bp −$11 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.07 bp | 8.4 bp −$8 | 8.9 bp −$89 | 10.3 bp −$1,034 | 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 | −0.0440% | 1h | 120.48 | −0.058% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.60 | +0.041% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0095% | 8h | 120.65 | +0.083% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.58 | +0.029% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.51 | −0.034% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.58 | +0.028% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.58 | +0.025% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.54 | −0.008% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.088% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.024% | $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 | 120.56 | +0.008% | $986K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USDshort | +0.0001% | 1h | 120.34 | −0.174% | $251K | $345K | 10x | |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.157% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0020% | 1h | 120.36 | −0.158% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.52 | −0.025% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.55 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOODlong | +0.0050% | 1h | 120.55 | long leg | $51.1M | $26.9M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.52 | −0.022% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.49 | −0.050% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.54 | −0.012% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.57 | +0.016% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.59 | +0.033% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.50 | −0.041% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.52 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.50 | −0.039% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.59 | +0.033% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.100% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.133% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.52 | −0.025% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.61 | +0.046% | $397K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica 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