Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.004%
Price spread now: Bybit against Polymarket Perps+0.139%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.235%+$23 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.139%, 7d avg +0.150%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 122.57 | 0.0050 | pay 0.0006% / 1h | 47m 10s | $265K | $335K | 10x |
| Short | Bybit HOODUSDT | 122.74 | 0.0051 | get 0.0051% / 8h | 7h 47m | $3.9M | $8.7M | 25x |
Polymarket Perps HOOD-USD
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket 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
- $0.19
- Price spread: +0.139% → +0.150%
- −$1.09
- Slippage, 4 orders
- −$24.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.99
- Costs to cover
- 0.431%
- Break-even
- 1600.7 days
Slippage from Polymarket Perps: live order book, 25 min ago; Bybit: live order book, 1 min ago.
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 Polymarket Perps live order book, 25 min ago | 2.85 bp | 8.4 bp −$8 | 8.5 bp −$85 | 10.7 bp −$1,072 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.22 bp | 14.4 bp −$14 | 44.8 bp −$448 | 954.7 bp −$95.5K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.64 | +0.058% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.68 | +0.094% | $369K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.77 | +0.163% | $21.9M | $89.2M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.73 | +0.131% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.67 | +0.086% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.68 | +0.090% | $565K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.78 | +0.171% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.48 | −0.073% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.46 | −0.087% | $860K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.70 | +0.106% | $1.0M | $8K | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.72 | +0.122% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.53 | −0.033% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.53 | −0.033% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USDlong | +0.0050% | 1h | 122.57 | long leg | $265K | $335K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.66 | +0.073% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.40 | −0.139% | $1.2M | $1.6M | 15x | as long as short |
| Bybit HOODUSDTshort | +0.0051% | 8h | 122.74 | +0.139% | $3.9M | $8.7M | 25x | |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.188% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.65 | +0.066% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.65 | +0.065% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.45 | −0.098% | $5K | $109K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.65 | +0.065% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.68 | +0.089% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.72 | +0.122% | $181K | $125K | 20x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 122.68 | +0.091% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.48 | −0.073% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.196% | $63K | $49K | 30x | as long as short |
| tradeXYZ xyz:HOOD | +0.0286% | 1h | 122.67 | +0.082% | $52.6M | $28.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0484% | 1h | 122.67 | +0.082% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0790% | 4h | 122.46 | −0.086% | $369K | $309K | 10x | as long as short |
QFEX HOOD-USD
Arcus HOOD-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC