Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.042%
Price spread now: Gate against Polymarket Perps+0.198%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 7 days−0.180%−$18 · spread now +0.198%, 7d avg +0.159%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.038% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.159%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps HOOD-USD121.40−0.0181get 0.0023% / 1h51m 52s$252K$344K10x
ShortGate HOOD_USDT121.640get 0.0000% / 8h5h 51m$579K$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$37.97
Price spread: +0.198% → +0.159%
$3.83
Slippage, 4 orders
−$25.64
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$6.84
Costs to cover
0.486%
Break-even
8.3 days
Slippage from Polymarket Perps: live order book, 10 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 10 min ago2.46 bp8.1 bp −$88.1 bp −$8110.8 bp −$1,078doesn't fit
Sell Gate live order book, 1 min ago4.11 bp18.0 bp −$1864.7 bp −$647doesn't fitdoesn't fit

HOOD on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps HOOD-USDlong−0.0181%1h121.40long leg$252K$344K10x
Aster HOODUSDT0.0000%8h121.60+0.164%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.57+0.138%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.60+0.165%$21.1M$90.2M20xas long as short
Bybit HOODUSDT0.0000%8h121.62+0.181%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.57+0.140%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.59+0.157%$376K$1.4M10xas long as short
Gate HOOD_USDTshort0.0000%8h121.64+0.198%$579K$7.7M50x
Bitget HOODUSDT0.0000%8h121.65+0.206%$5.4M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h121.69+0.243%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.61+0.170%$850K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.60+0.165%$995K$8K10xas long as short
QFEX HOOD-USD+0.0024%1h121.61+0.173%$1.3M$3.8M10xas long as short
Vest HOOD-USD-PERP+0.0025%1h121.50+0.082%$62K25xas long as short
edgeX HOODUSDC+0.0025%4h121.64+0.196%$366K$304K10xas long as short
Lighter HOOD+0.0040%1h121.59+0.153%$2.8M$3.1M10xas long as short
Arcus HOOD-USD+0.0040%1h121.59+0.157%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.53+0.107%$52.0M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.56+0.133%$732$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.55+0.124%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54+0.115%$194K$1.9M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0079%1h121.58+0.148%$7K$68K10xas long as short
Pacifica HOOD+0.0100%1h121.62+0.184%$68K$109K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.61+0.173%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.59+0.157%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.57+0.140%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.56+0.130%$16K10xas long as short
Phoenix HOOD+0.0197%1h121.59+0.157%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.400.000%$58K$57K30xas long as short