HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%

Price spread now: Orderly against Variational Omni−0.103%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.103% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HOOD	121.69	0	get 0.0000% / 8h	5h 51m	$2.3M	$1.1M	—
Short	Orderly PERP_HOOD_USDC_mythos	121.57	0.0100	get 0.0100% / 8h	5h 51m	$2K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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 Variational OmnibpFee OrderlybpOrdersPrice spread, now −0.103%Rate

Funding earned: $21
Price spread: −0.103% → 0.000%: −$10.27
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $4.73
Costs to cover: 0.060%
Break-even: 5.4 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	3.21 bp	doesn't fit	21.8 bp −$218	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USD	−0.0182%	1h	121.40	−0.242%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.57	−0.106%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.56	−0.113%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.60	−0.078%	$21.1M	$90.2M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.62	−0.062%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.60	−0.078%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.56	−0.107%	$376K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.64	−0.045%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.66	−0.029%	$5.4M	$9.5M	20x	as long as short
Variational Omni HOODlong	0.0000%	8h	121.69	long leg	$2.3M	$1.1M	—

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	−0.070%	$858K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.60	−0.078%	$995K	$8K	10x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.55	−0.119%	$1.3M	$3.8M	10x	as long as short
Vest HOOD-USD-PERP	+0.0025%	1h	121.49	−0.168%	—	$62K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.57	−0.103%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.57	−0.103%	$52.0M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.56	−0.109%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.49	−0.168%	$1.2M	$1.5M	15x	as long as short
Lighter HOOD	+0.0056%	1h	121.59	−0.085%	$2.8M	$3.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.127%	$194K	$1.9M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0079%	1h	121.58	−0.094%	$7K	$68K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.60	−0.080%	$68K	$109K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.59	−0.086%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.62	−0.062%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythosshort	+0.0100%	8h	121.57	−0.103%	$2K	$2K	10x
Aevo HOOD-PERP	+0.0104%	1h	121.56	−0.113%	$16K	—	10x	as long as short
Phoenix HOOD	+0.0197%	1h	121.59	−0.086%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.40	−0.242%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0404%	4h	121.56	−0.110%	$366K	$304K	10x	as long as short