Funding you earn now, next payment 12:00 UTC−0.0109%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.026%
Price spread now: Ondo Perps against Arcus0.000%7-day average −0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.092%−$9 on $10k
+Price spread, last 7 days−0.241%−$24 · spread now 0.000%, 7d avg −0.021%
=Together, before fees−0.333%+ Points / potential airdropOndo Perps: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.021% dearer against Arcus than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.021%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 122.54 | 0.0160 | pay 0.0020% / 1h | 54m 45s | $1.1M | $1.9M | 10x |
| Short | Ondo Perps HOOD-USD.P | 122.54 | 0.0050 | get 0.0006% / 1h | 54m 45s | $1.3M | $1.2M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Arcus. 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
- −$22.97
- Price spread: 0.000% → −0.021%
- $2.15
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$30.33
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 2 min ago; Ondo Perps: 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 Arcus live order book, 2 min ago | 1.63 bp | 6.8 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.58 | +0.033% | $111K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.54 | 0.000% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.57 | +0.024% | $2.7M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.61 | +0.057% | $577K | $6.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.60 | +0.049% | $5.6M | $9.0M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.61 | +0.057% | $1.0M | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0033% | 1h | 121.69 | −0.694% | $28K | $96K | 30x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 122.57 | +0.024% | $1.3M | $2.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.40 | −0.114% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.45 | −0.073% | $253K | $340K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 122.54 | +0.001% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Pshort | +0.0050% | 1h | 122.54 | 0.000% | $1.3M | $1.2M | 15x | |
| Variational Omni HOOD | +0.0098% | 8h | 122.55 | +0.010% | $2.3M | $870K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.55 | +0.005% | $73K | $115K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.55 | +0.008% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.47 | −0.057% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.57 | +0.024% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.55 | +0.008% | $16K | — | 10x | as long as short |
| Arcus HOOD-USDlong | +0.0160% | 1h | 122.54 | long leg | $1.1M | $1.9M | 10x | |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 122.40 | −0.114% | $232K | $1.5M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.58 | +0.033% | $28K | $241K | 10x | as long as short |
| Lighter HOOD | +0.0200% | 1h | 122.57 | +0.024% | $2.8M | $2.9M | 10x | as long as short |
| Binance HOODUSDT | +0.0223% | 8h | 122.58 | +0.029% | $21.3M | $87.1M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0224% | 1h | 122.54 | −0.003% | $467K | $2.6M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0229% | 1h | 122.54 | 0.000% | $51.7M | $24.5M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0254% | 8h | 122.61 | +0.057% | $861K | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0345% | 8h | 122.54 | 0.000% | $176K | $179K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0403% | 1h | 122.53 | −0.008% | $6K | $30K | 10x | as long as short |
| edgeX HOODUSDC | +0.0704% | 4h | 122.54 | +0.002% | $369K | $302K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0809% | 1h | 122.67 | +0.110% | $457K | $1.4M | 10x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Lighter HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
tradeXYZ xyz:HOOD
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC
RISEx HOOD/USDC