Funding you earn now, next payment 04:00 UTC+0.0281%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.041%
Price spread now: tradeXYZ against Polymarket Perps+0.165%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 7 days−0.170%−$17 · spread now +0.165%, 7d avg +0.090%
=Together, before fees+0.138%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and tradeXYZ is 0.075% 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 +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 121.42 | −0.0231 | get 0.0029% / 1h | 59m 10s | $252K | $344K | 10x |
| Short | tradeXYZ xyz:HOOD | 121.62 | 0.0050 | get 0.0006% / 1h | 59m 10s | $51.9M | $28.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $59.05
- Price spread: +0.165% → +0.090%
- $7.5
- Slippage, 4 orders
- −$11.09
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $29.46
- Costs to cover
- 0.371%
- Break-even
- 3.5 days
Slippage from Polymarket Perps: live order book, 63 min ago; tradeXYZ: live order book, 10 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, 63 min ago | 2.46 bp | 8.1 bp −$8 | 8.1 bp −$81 | 10.8 bp −$1,078 | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.23 bp | 10.8 bp −$11 | 15.1 bp −$151 | 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 | 121.33 | −0.074% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USDlong | −0.0231% | 1h | 121.42 | long leg | $252K | $344K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 121.64 | +0.177% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.63 | +0.171% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.65 | +0.193% | $21.1M | $90.6M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.61 | +0.156% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.65 | +0.189% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.64 | +0.182% | $398K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.70 | +0.231% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.72 | +0.247% | $5.4M | $9.6M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.71 | +0.240% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.70 | +0.230% | $853K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.68 | +0.214% | $995K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0024% | 1h | 121.54 | +0.099% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0024% | 1h | 121.63 | +0.173% | $1.3M | $3.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.63 | +0.173% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.62 | +0.165% | $51.9M | $28.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.65 | +0.191% | $735 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.50 | +0.066% | $1.2M | $1.5M | 15x | as long as short |
| Lighter HOOD | +0.0064% | 1h | 121.67 | +0.208% | $2.8M | $3.1M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0079% | 1h | 121.64 | +0.181% | $7K | $68K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.099% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.64 | +0.181% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.69 | +0.222% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.68 | +0.214% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.63 | +0.173% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.63 | +0.171% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.65 | +0.189% | $175K | $162K | 20x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.66 | +0.198% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0734% | 4h | 121.70 | +0.230% | $366K | $306K | 10x | as long as short |
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD
Injective HOOD/USDC PERP
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
SoDEX HOOD-USD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC