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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 121.40 | −0.0181 | get 0.0023% / 1h | 51m 52s | $252K | $344K | 10x |
| Short | Gate HOOD_USDT | 121.64 | 0 | get 0.0000% / 8h | 5h 51m | $579K | $7.7M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 10 min ago | 2.46 bp | 8.1 bp −$8 | 8.1 bp −$81 | 10.8 bp −$1,078 | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.11 bp | 18.0 bp −$18 | 64.7 bp −$647 | doesn't fit | doesn't fit |
HOOD on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USDlong | −0.0181% | 1h | 121.40 | long leg | $252K | $344K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.60 | +0.164% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.57 | +0.138% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.60 | +0.165% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.62 | +0.181% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.57 | +0.140% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.59 | +0.157% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 121.64 | +0.198% | $579K | $7.7M | 50x | |
| Bitget HOODUSDT | 0.0000% | 8h | 121.65 | +0.206% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.69 | +0.243% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.61 | +0.170% | $850K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.60 | +0.165% | $995K | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.61 | +0.173% | $1.3M | $3.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.50 | +0.082% | — | $62K | 25x | as long as short |
| edgeX HOODUSDC | +0.0025% | 4h | 121.64 | +0.196% | $366K | $304K | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.59 | +0.153% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.59 | +0.157% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.53 | +0.107% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.56 | +0.133% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.55 | +0.124% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | +0.115% | $194K | $1.9M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0079% | 1h | 121.58 | +0.148% | $7K | $68K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.62 | +0.184% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.61 | +0.173% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.59 | +0.157% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.57 | +0.140% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.56 | +0.130% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.59 | +0.157% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | 0.000% | $58K | $57K | 30x | as long as short |
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
edgeX HOODUSDC
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Injective HOOD/USDC PERP