Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against OKX−0.057%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 7 days−0.308%−$31 · spread now −0.057%, 7d avg −0.108%
=Together, before fees−0.379%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.051% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.108%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HOOD-USDT-SWAP | 122.35 | 0 | get 0.0000% / 8h | 6h 59m | $2.9M | $5.9M | 20x |
| Short | Ondo Perps HOOD-USD.P | 122.28 | 0.0050 | get 0.0006% / 1h | 59m 04s | $1.2M | $1.6M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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
- $10.58
- Price spread: −0.057% → −0.108%
- $5.1
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $0.69
- Costs to cover
- 0.150%
- Break-even
- 6.5 days
Slippage unknown: OKX: live order book, 4 min ago; Ondo Perps: 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 OKX live order book, 4 min ago | 2.04 bp | 11.5 bp −$12 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.35 | +0.002% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.35 | +0.003% | $362K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.36 | +0.007% | $21.8M | $89.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.36 | +0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAPlong | 0.0000% | 8h | 122.35 | long leg | $2.9M | $5.9M | 20x | |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.34 | −0.005% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.39 | +0.033% | $569K | $7.5M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.47 | +0.098% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.45 | +0.085% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.43 | +0.066% | $856K | $1.9M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.40 | +0.041% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.33 | −0.016% | $1.3M | $4.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.25 | −0.082% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.50 | +0.123% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.24 | −0.090% | $254K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.35 | 0.000% | $737 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Pshort | +0.0050% | 1h | 122.28 | −0.057% | $1.2M | $1.6M | 15x | |
| Lighter HOOD | +0.0056% | 1h | 122.33 | −0.017% | $2.8M | $2.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 122.19 | −0.131% | $206K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.34 | −0.010% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.42 | +0.057% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.56 | +0.172% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.33 | −0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.34 | −0.004% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.44 | +0.074% | $181K | $162K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 122.93 | +0.474% | $63K | $49K | 30x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.60 | +0.204% | $28K | $237K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0226% | 1h | 122.33 | −0.016% | $52.4M | $27.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0323% | 1h | 122.31 | −0.033% | $8K | $68K | 10x | as long as short |
| edgeX HOODUSDC | +0.0389% | 4h | 122.58 | +0.187% | $369K | $305K | 10x | as long as short |
OKX HOOD-USDT-SWAP
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC