HOOD

Alert

Funding spread now, next payment 19:00 UTC+0.0421%/8h

next payment, per $10,000+$0.53paid, last 24h+0.046%paid, last 4 days+0.187%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid 0.187% in total (about 15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps HOOD-USD.P	124.86	0.0050	pay 0.0006% / 1h	3m 24s	$1.4M	$1.3M	15x
Short	Deribit HOOD_USDC-PERPETUAL	124.87	0.0471	get 0.0059% / 1h	3m 24s	$6K	$180K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee DeribitbpOrdersRate

Funding earned: $88.38
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $76.38
Break-even: 1.0 days

Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 32 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.008%
Avg gap 7d: +0.111%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit live order book, 32 min ago	3.60 bp	12.7 bp −$13	15.1 bp −$151	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 29 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Polymarket Perps HOOD-USD	−0.0025%	1h	$254K	$275K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	$114K	$257K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	$423K	$1.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	$24.2M	$80.1M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	$4.2M	$8.1M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	$3.1M	$5.5M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	$419K	$1.5M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	$552K	$7.6M	50x	as long as short
Variational Omni HOOD	0.0000%	8h	$2.4M	$1.0M	—	as long as short
Phemex HOODUSDT	0.0000%	8h	$1.0M	$8K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	+0.0010%	1h	$64K	$103K	30x	as long as short
QFEX HOOD-USD	+0.0037%	1h	$1.3M	$3.8M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	$1.1M	$1.8M	10x	as long as short
Bitget HOODUSDT	+0.0042%	8h	$5.7M	$8.8M	20x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	—	$63K	25x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	$751	$3K	10x	as long as short
Ondo Perps HOOD-USD.Plong	+0.0050%	1h	$1.4M	$1.3M	15x
Lighter HOOD	+0.0064%	1h	$3.2M	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	$78K	$102K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	$1.3M	$1.0M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	$46K	$252K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	$193K	$119K	20x	as long as short
Phoenix HOOD	+0.0128%	1h	$28K	$184K	10x	as long as short
tradeXYZ xyz:HOOD	+0.0149%	1h	$52.8M	$27.6M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0272%	1h	$472K	$1.5M	10x	as long as short
Deribit HOOD_USDC-PERPETUALshort	+0.0471%	1h	$6K	$180K	10x
edgeX HOODUSDC	+0.0781%	4h	$376K	$306K	10x	as long as short