HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0132%/8h= −14.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.095%

Price spread now: Polymarket Perps against RISEx−0.102%7-day average −0.185% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.352%−$35 on $10k

Price spread, last 5 days (all we have)−0.154%−$15 · spread now −0.102%, 7d avg −0.185%

Together, before fees−0.507%−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.083% dearer against RISEx than usual: you sell high and buy low (spread −0.102% now, against its 7-day average of −0.185%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 4 days (−0.352% in total) that is about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx HOOD/USDC	121.24	0	get 0.0000% / 1h	33m 26s	$397K	$1.4M	10x
Short	Polymarket Perps HOOD-USD	121.12	−0.0132	pay 0.0016% / 1h	33m 26s	$251K	$344K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$27.64
Price spread: −0.102% → −0.185%: $8.34
Slippage, 4 orders: −$11.36
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$44.66
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from RISEx: live order book, just now; Polymarket Perps: live order book, 24 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 RISEx live order book, just now	0.82 bp	6.3 bp −$6	7.7 bp −$77	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 24 min ago	2.88 bp	6.9 bp −$7	7.3 bp −$73	8.8 bp −$882	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	121.05	−0.159%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USDshort	−0.0132%	1h	121.12	−0.102%	$251K	$344K	10x
Gate HOOD_USDT	−0.0041%	8h	121.31	+0.055%	$575K	$7.7M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.25	+0.004%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.21	−0.025%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.29	+0.035%	$20.9M	$90.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.28	+0.030%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.30	+0.047%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDClong	0.0000%	1h	121.24	long leg	$397K	$1.4M	10x
Bitget HOODUSDT	0.0000%	8h	121.33	+0.071%	$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	121.22	−0.020%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.30	+0.045%	$856K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.13	−0.094%	$7K	$55K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.24	−0.003%	$992K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0021%	1h	121.09	−0.127%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.24	−0.003%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.23	−0.012%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.18	−0.052%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.22	−0.019%	$51.8M	$28.2M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.17	−0.064%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.17	−0.061%	$1.2M	$1.5M	15x	as long as short
edgeX HOODUSDC	+0.0083%	4h	121.27	+0.020%	$365K	$305K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.118%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.26	+0.017%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.30	+0.047%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.26	+0.014%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.24	−0.003%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.25	+0.005%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.26	+0.014%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.27	+0.022%	$27K	$238K	10x	as long as short