HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.050%

Price spread now: Coinbase International against Polymarket Perps+0.066%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.331%+$33 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.066%, 7d avg −0.015%

Together, before fees+0.315%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.081% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps HOOD-USD	121.02	0.0050	pay 0.0006% / 1h	3m 55s	$251K	$344K	10x
Short	Coinbase International HOOD-PERP-INTX	121.10	0.0120	get 0.0015% / 1h	3m 55s	$193K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.066%Rate

Funding earned: $14.7
Price spread: +0.066% → −0.015%: $8.12
Slippage, 4 orders: −$12.69
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$7.87
Costs to cover: 0.307%
Break-even: 10.7 days

Slippage from Polymarket Perps: live order book, 48 min ago; Coinbase International: live order book, 5 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, 48 min ago	3.30 bp	7.3 bp −$7	7.3 bp −$73	9.4 bp −$939	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.48 bp	8.2 bp −$8	13.0 bp −$130	doesn't fit	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
Injective HOOD/USDC PERP	−0.0440%	1h	120.88	−0.116%	$58K	$57K	30x	as long as short
Bitget HOODUSDT	−0.0151%	8h	121.22	+0.165%	$5.4M	$9.7M	20x	as long as short
Gate HOOD_USDT	−0.0136%	8h	121.24	+0.182%	$582K	$7.7M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.13	+0.088%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.15	+0.111%	$360K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.19	+0.140%	$20.8M	$91.4M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.21	+0.157%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.24	+0.182%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.19	+0.137%	$383K	$1.4M	10x	as long as short
Variational Omni HOOD	0.0000%	8h	121.00	−0.017%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.93	−0.073%	$848K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.21	+0.157%	$992K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0014%	1h	120.94	−0.066%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0022%	1h	121.20	+0.149%	$1.3M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.96	−0.050%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.11	+0.074%	$51.3M	$28.4M	10x	as long as short
Polymarket Perps HOOD-USDlong	+0.0050%	1h	121.02	long leg	$251K	$344K	10x
SoDEX HOOD-USD	+0.0050%	1h	121.13	+0.090%	$728	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.86	−0.132%	$1.2M	$1.5M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	121.13	+0.093%	$68K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.09	+0.058%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.88	−0.116%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.19	+0.140%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.14	+0.096%	$16K	—	10x	as long as short
Coinbase International HOOD-PERP-INTXshort	+0.0120%	1h	121.10	+0.066%	$193K	$1.9M	10x
BloFin HOOD-USDT	+0.0120%	8h	120.99	−0.025%	$174K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	120.94	−0.066%	$28K	$238K	10x	as long as short
Lighter HOOD	+0.0144%	1h	121.14	+0.102%	$2.8M	$3.2M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0493%	1h	121.15	+0.107%	$6K	$54K	10x	as long as short
edgeX HOODUSDC	+0.0805%	4h	120.91	−0.088%	$364K	$304K	10x	as long as short