Funding you earn now, next payment 07:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h +0.032%
Price spread now: Coinbase International against Ondo Perps+0.042%7-day average −0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.042%, 7d avg −0.068%
=Together, before fees+0.027%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.110% dearer against Ondo Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HOOD-USD.P | 120.28 | 0.0050 | pay 0.0006% / 1h | 3m 51s | $1.3M | $1.4M | 15x |
| Short | Coinbase International HOOD-PERP-INTX | 120.33 | 0.0192 | get 0.0024% / 1h | 3m 51s | $196K | $1.8M | 10x |
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $29.74
- Price spread: +0.042% → −0.068%
- $10.95
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $25.69
- Costs to cover
- 0.150%
- Break-even
- 1.0 days
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: 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 Coinbase International live order book, 5 min ago | 3.74 bp | 9.2 bp −$9 | 14.1 bp −$141 | 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 | 120.22 | −0.050% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0164% | 8h | 120.55 | +0.224% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0161% | 8h | 120.50 | +0.183% | $598K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0028% | 1h | 120.29 | +0.008% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.46 | +0.151% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.47 | +0.159% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.50 | +0.187% | $20.8M | $91.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.41 | +0.108% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.43 | +0.125% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.39 | +0.090% | $2.2M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
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 | 120.38 | +0.085% | $847K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.50 | +0.183% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.25 | −0.025% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.33 | +0.042% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.44 | +0.133% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.41 | +0.108% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.45 | +0.143% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 120.28 | long leg | $1.3M | $1.4M | 15x | |
| Lighter HOOD | +0.0072% | 1h | 120.45 | +0.145% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.41 | +0.107% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.47 | +0.158% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.35 | +0.058% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.45 | +0.141% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.43 | +0.126% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.45 | +0.141% | $173K | $175K | 20x | as long as short |
| edgeX HOODUSDC | +0.0143% | 4h | 120.38 | +0.085% | $362K | $304K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0192% | 1h | 120.33 | +0.042% | $196K | $1.8M | 10x | |
| Phoenix HOOD | +0.0265% | 1h | 120.38 | +0.083% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0415% | 1h | 120.47 | +0.158% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.49 | +0.173% | $417K | $1.4M | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
edgeX HOODUSDC
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC