HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.028%

Price spread now: Arcus against Ondo Perps+0.049%7-day average +0.024% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.093%+$9 on $10k

Price spread, last 7 days+0.050%+$5 · spread now +0.049%, 7d avg +0.024%

Together, before fees+0.142%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.024%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.3 days. Mind the row above: over the last 4 days funding on this pair paid +0.093%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps HOOD-USD.P	121.37	0.0050	pay 0.0006% / 1h	11m 16s	$1.2M	$1.5M	15x
Short	Arcus HOOD-USD	121.43	0.0040	get 0.0005% / 1h	11m 16s	$1.1M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ArcusbpOrdersPrice spread, now +0.049%Rate

Funding earned: −$2.13
Price spread: +0.049% → +0.024%: $2.51
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$9.12
Costs to cover: 0.095%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 3 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Arcus live order book, 3 min ago	1.24 bp	10.3 bp −$10	12.6 bp −$126	doesn't fit	doesn't fit

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
Injective HOOD/USDC PERP	−0.0440%	1h	121.28	−0.074%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0104%	1h	121.32	−0.041%	$252K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0064%	8h	121.53	+0.132%	$577K	$7.8M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.50	+0.110%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.51	+0.112%	$361K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.54	+0.140%	$20.9M	$90.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.50	+0.107%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.47	+0.082%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.53	+0.136%	$396K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.56	+0.157%	$5.4M	$9.6M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.51	+0.118%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.52	+0.124%	$857K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.51	+0.115%	$994K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	121.34	−0.025%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.53	+0.132%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0040%	1h	121.45	+0.068%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USDshort	+0.0040%	1h	121.43	+0.049%	$1.1M	$1.7M	10x
tradeXYZ xyz:HOOD	+0.0050%	1h	121.46	+0.074%	$51.7M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.50	+0.110%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.Plong	+0.0050%	1h	121.37	long leg	$1.2M	$1.5M	15x
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.222%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.50	+0.105%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.55	+0.148%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.48	+0.091%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.47	+0.082%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.49	+0.096%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.50	+0.107%	$174K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.48	+0.091%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0574%	1h	121.52	+0.124%	$6K	$56K	10x	as long as short
edgeX HOODUSDC	+0.0768%	4h	121.50	+0.103%	$366K	$306K	10x	as long as short