Funding you earn now, next payment 22:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.063%
Price spread now: Deribit against Variational Omni+0.047%7-day average +0.018% · 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)+0.212%+$21 on $10k
+Price spread, last 3 days (all we have)+0.466%+$47 · spread now +0.047%, 7d avg +0.018%
=Together, before fees+0.678%+ Points / potential airdropVariational Omni: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Deribit is 0.029% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HOOD | 123.61 | 0.0024 | pay 0.0024% / 8h | 2h 09m | $2.4M | $1.0M | — |
| Short | Deribit HOOD_USDC-PERPETUAL | 123.67 | 0.0316 | get 0.0040% / 1h | 9m 39s | $6K | $84K | 10x |
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- $61.48
- Price spread: +0.047% → +0.018%
- $2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $57.37
- Costs to cover
- 0.070%
- Break-even
- 0.5 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: live order book, 78 min ago. 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 Variational Omni RFQ quote, 4 min ago | 3.19 bp | doesn't fit | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 78 min ago | 6.06 bp | 11.2 bp −$11 | 13.0 bp −$130 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 123.62 | +0.007% | $110K | $262K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 123.61 | −0.002% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.65 | +0.031% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.60 | −0.010% | $554K | $7.9M | 50x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.62 | +0.007% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.73 | +0.096% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDT | +0.0012% | 8h | 123.62 | +0.007% | $5.7M | $9.2M | 20x | as long as short |
| Polymarket Perps HOOD-USD | +0.0016% | 1h | 123.45 | −0.131% | $263K | $320K | 10x | as long as short |
| Variational Omni HOODlong | +0.0024% | 8h | 123.61 | long leg | $2.4M | $1.0M | — | |
| Lighter HOOD | +0.0032% | 1h | 123.57 | −0.037% | $3.1M | $2.0M | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Lighter HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.49 | −0.099% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 123.59 | −0.014% | $744 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.47 | −0.115% | $1.4M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.58 | −0.026% | $1.3M | $4.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.60 | −0.011% | $80K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.66 | +0.039% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.59 | −0.018% | $45K | $247K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.61 | −0.002% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.59 | −0.017% | $16K | — | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0108% | 8h | 123.61 | +0.001% | $870K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0141% | 8h | 123.61 | −0.004% | $23.8M | $84.3M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0144% | 1h | 123.60 | −0.013% | $419K | $1.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.163% | $196K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0266% | 8h | 123.63 | +0.015% | $188K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0273% | 1h | 123.60 | −0.010% | $53.1M | $30.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0316% | 1h | 123.67 | +0.047% | $6K | $84K | 10x | |
| Phoenix HOOD | +0.0323% | 1h | 123.65 | +0.031% | $28K | $188K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.61 | −0.005% | $424K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.54 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0816% | 4h | 123.66 | +0.040% | $372K | $308K | 10x | as long as short |
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
GRVT HOOD_USDT_Perp
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Phoenix HOOD
RISEx HOOD/USDC
Arcus HOOD-USD
edgeX HOODUSDC