After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.152%7d average+0.023%fees + slippage, in and out−$44spread needed0.444%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 124.72 | 0 | get 0.0000% / 8h | 7h 35m | $4.2M | $7.7M | 25x |
| Short | Deribit HOOD_USDC-PERPETUAL | 124.91 | 0.0311 | get 0.0039% / 1h | 35m 36s | $6K | $183K | 10x |
Bybit HOODUSDT
Deribit HOOD_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $15.23
- Funding while held
- $9.32
- Slippage, 4 orders
- −$26.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$19.84
- Spread needed to break even
- 0.444%
Slippage from Bybit: live order book, 4 min ago; Deribit: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0311%
- Per $10,000 a day
- +$9.32
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 1.20 bp | 11.9 bp −$12 | 27.1 bp −$271 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 10 min ago | 6.84 bp | 10.3 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps124.69cheapest
Polymarket PerpsBybit124.72+0.024%
Pacifica124.73+0.029%Binance124.73+0.032%OKX124.73+0.032%Ondo Perps124.74+0.040%tradeXYZ124.75+0.048%QFEX124.75+0.048%RISEx124.76+0.056%KuCoin124.76+0.056%Gate124.77+0.064%Phoenix124.78+0.072%Extended124.79+0.081%Aster124.79+0.082%Lighter124.81+0.093%Bitget124.83+0.112%ApeX Omni124.84+0.120%Phemex124.85+0.128%Vest124.86+0.136%Coinbase International124.86+0.136%edgeX124.87+0.142%Arcus124.87+0.144%BloFin124.88+0.152%SoDEX124.89+0.160%Orderly124.91+0.176%
Pacifica
Binance
OKX
Ondo Perps
tradeXYZ
QFEX
RISEx
KuCoin
Gate
Phoenix
Extended
Aster
Lighter
Bitget
ApeX Omni
Phemex
Vest
Coinbase International
Arcus
BloFin
SoDEX
OrderlyDeribit124.91+0.176%
Aevo124.92+0.186%Variational Omni124.94+0.204%Injective125.04+0.281%
Aevo
Variational Omni
InjectiveHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.024% | −0.0197% | 1h | $254K | $269K | 10x | as long as short |
| Bybit HOODUSDTlong | 0.000% | 0.0000% | 8h | $4.2M | $7.7M | 25x | |
| Pacifica HOOD | +0.005% | +0.0100% | 1h | $71K | $99K | 10x | as long as short |
| Binance HOODUSDT | +0.008% | +0.0149% | 8h | $24.7M | $71.6M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | +0.008% | 0.0000% | 8h | $3.1M | $5.3M | 20x | as long as short |
| Ondo Perps HOOD-USD.P | +0.016% | +0.0050% | 1h | $1.5M | $1.3M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.024% | +0.0050% | 1h | $53.1M | $26.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.024% | +0.0035% | 1h | $1.4M | $3.3M | 10x | as long as short |
| RISEx HOOD/USDC | +0.032% | +0.0324% | 1h | $429K | $1.5M | 10x | as long as short |
| KuCoin HOODUSDTM | +0.032% | +0.0100% | 8h | $1.3M | $949K | 20x | as long as short |