Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Bitget against Ondo Perps+0.164%7-day average +0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.164%, 7d avg +0.119%
=Together, before fees−0.012%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.045% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.119%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HOOD-USD.P | 121.88 | 0.0050 | pay 0.0006% / 1h | 16m 23s | $1.3M | $1.3M | 15x |
| Short | Bitget HOODUSDT | 122.08 | 0 | get 0.0000% / 8h | 6h 16m | $5.6M | $9.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.164% → +0.119%
- $4.55
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.03
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 2.05 bp | 12.1 bp −$12 | 24.2 bp −$242 | 129.9 bp −$13.0K | 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 exchanges
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 | 122.08 | +0.164% | $110K | $284K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.06 | +0.148% | $3.7M | $7.4M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.03 | +0.123% | $2.7M | $6.0M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.05 | +0.139% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 122.08 | +0.164% | $5.6M | $9.1M | 20x | |
| Phemex HOODUSDT | 0.0000% | 8h | 122.07 | +0.156% | $999K | $7K | 10x | as long as short |
| Variational Omni HOOD | +0.0032% | 8h | 121.92 | +0.033% | $2.3M | $900K | — | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.00 | +0.098% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.81 | −0.057% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.95 | +0.057% | $252K | $338K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.02 | +0.117% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 121.88 | long leg | $1.3M | $1.3M | 15x | |
| QFEX HOOD-USD | +0.0062% | 1h | 122.01 | +0.107% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.01 | +0.111% | $73K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.97 | +0.074% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.84 | −0.033% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.06 | +0.148% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.01 | +0.111% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0142% | 1h | 121.97 | +0.074% | $51.4M | $25.6M | 10x | as long as short |
| Lighter HOOD | +0.0152% | 1h | 122.02 | +0.115% | $2.9M | $3.0M | 10x | as long as short |
| Binance HOODUSDT | +0.0174% | 8h | 122.09 | +0.173% | $21.3M | $87.4M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0176% | 1h | 122.07 | +0.158% | $418K | $2.5M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.81 | −0.057% | $229K | $1.6M | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.00 | +0.098% | $28K | $239K | 10x | as long as short |
| BloFin HOOD-USDT | +0.0293% | 8h | 122.05 | +0.139% | $174K | $179K | 20x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0423% | 8h | 122.00 | +0.098% | $856K | $1.8M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.156% | $28K | $96K | 30x | as long as short |
| edgeX HOODUSDC | +0.0822% | 4h | 121.96 | +0.062% | $367K | $304K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.10 | +0.183% | $431K | $1.3M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1145% | 1h | 122.03 | +0.123% | $6K | $41K | 10x | as long as short |
Bitget HOODUSDT
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Phemex HOODUSDT
Variational Omni HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
Lighter HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
BloFin HOOD-USDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL