Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.003%
Price spread now: Polymarket Perps against Bybit−0.174%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.174%, 7d avg −0.154%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.020% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.154%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 120.60 | 0 | get 0.0000% / 8h | 33m 35s | $3.7M | $8.8M | 25x |
| Short | Polymarket Perps HOOD-USD | 120.39 | 0.0002 | get 0.0000% / 1h | 33m 35s | $251K | $345K | 10x |
Bybit HOODUSDT
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- $0.42
- Price spread: −0.174% → −0.154%
- −$2.04
- Slippage, 4 orders
- −$25.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$46.49
- Costs to cover
- 0.449%
- Break-even
- 781.9 days
Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 Bybit live order book, 4 min ago | 0.83 bp | 16.2 bp −$16 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 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 | −0.100% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0175% | 8h | 120.61 | +0.008% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0089% | 8h | 120.67 | +0.058% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.61 | +0.004% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.58 | −0.019% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.61 | +0.008% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 120.60 | long leg | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.56 | −0.033% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.047% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | −0.017% | $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
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 | 120.59 | −0.008% | $987K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USDshort | +0.0002% | 1h | 120.39 | −0.174% | $251K | $345K | 10x | |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.116% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.40 | −0.166% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.57 | −0.025% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.58 | −0.017% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.51 | −0.075% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.58 | −0.015% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.008% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.57 | −0.022% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.55 | −0.039% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.59 | −0.008% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.50 | −0.083% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.58 | −0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.59 | −0.011% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.68 | +0.066% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.058% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.091% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.64 | +0.031% | $397K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0663% | 1h | 120.59 | −0.008% | $6K | $52K | 10x | as long as short |
Phemex HOODUSDT
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
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
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL