Funding you earn now, next payment 05:00 UTC−0.1022%/8h= −111.9% APRnext payment −$1.28 per $10,000 · paid last 24h −0.090%
Price spread now: SoDEX against Deribit−0.021%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and SoDEX is 0.021% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HOOD_USDC-PERPETUAL | 121.20 | 0.1072 | pay 0.0134% / 1h | 38m 02s | $6K | $57K | 10x |
| Short | SoDEX HOOD-USD | 121.17 | 0.0050 | get 0.0006% / 1h | 38m 02s | $729 | $4K | 10x |
Deribit HOOD_USDC-PERPETUAL
SoDEX HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Deribit. 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
- −$214.59
- Price spread: −0.021% → 0.000%
- −$2.15
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$231.74
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; SoDEX: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Deribit and SoDEX: 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 | 120.89 | −0.256% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0108% | 8h | 121.25 | +0.041% | $574K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0037% | 8h | 121.24 | +0.033% | $5.4M | $9.7M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.19 | −0.012% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.21 | +0.005% | $357K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.22 | +0.017% | $20.8M | $91.1M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.23 | +0.025% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.23 | +0.025% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.23 | +0.021% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.08 | −0.096% | $2.3M | $1.1M | — | 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
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.11 | −0.078% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.21 | +0.008% | $992K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.92 | −0.231% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.12 | −0.066% | $1.3M | $3.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.13 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.09 | −0.091% | $51.4M | $28.3M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.02 | −0.149% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USDshort | +0.0050% | 1h | 121.17 | −0.021% | $729 | $4K | 10x | |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.95 | −0.206% | $1.2M | $1.5M | 15x | as long as short |
| edgeX HOODUSDC | +0.0093% | 4h | 121.12 | −0.068% | $364K | $304K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.21 | +0.008% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.22 | +0.017% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.14 | −0.050% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.16 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.16 | −0.034% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | −0.083% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.20 | 0.000% | $174K | $158K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.18 | −0.017% | $27K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0192% | 1h | 121.14 | −0.047% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | +0.1072% | 1h | 121.20 | long leg | $6K | $57K | 10x |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
Ondo Perps HOOD-USD.P
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Phoenix HOOD
Lighter HOOD