Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%
Price spread now: Binance against Ondo Perps+0.074%7-day average +0.124% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 2 days (all we have)+0.084%+$8 · spread now +0.074%, 7d avg +0.124%
=Together, before fees+0.161%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.050% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.124%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, 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 | 121.49 | 0.0050 | pay 0.0006% / 1h | 50m 38s | $1.2M | $1.5M | 15x |
| Short | Binance HOODUSDT | 121.58 | 0 | get 0.0000% / 8h | 5h 50m | $21.1M | $90.2M | 20x |
Ondo Perps HOOD-USD.P
Binance HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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: +0.074% → +0.124%
- −$5.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.6
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 7 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 Binance live order book, 7 min ago | 0.41 bp | 7.4 bp −$7 | 16.5 bp −$165 | 65.2 bp −$6,521 | 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0182% | 1h | 121.40 | −0.074% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.61 | +0.096% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.55 | +0.048% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDTshort | 0.0000% | 8h | 121.58 | +0.074% | $21.1M | $90.2M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 121.62 | +0.107% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.60 | +0.091% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.56 | +0.060% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.64 | +0.123% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.62 | +0.107% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | +0.083% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.61 | +0.098% | $858K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.60 | +0.091% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.63 | +0.115% | $995K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.55 | +0.049% | $1.3M | $3.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.49 | 0.000% | — | $62K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.57 | +0.066% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.59 | +0.082% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.58 | +0.074% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 121.49 | long leg | $1.2M | $1.5M | 15x | |
| Lighter HOOD | +0.0056% | 1h | 121.60 | +0.094% | $2.8M | $3.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | +0.041% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.60 | +0.094% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.62 | +0.107% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.62 | +0.107% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.59 | +0.082% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.56 | +0.060% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.59 | +0.082% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.074% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 121.56 | +0.059% | $366K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC