Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Bybit+0.066%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOODUSDT | 121.98 | 0 | get 0.0000% / 8h | 5h 26m | $3.7M | $7.3M | 25x |
| Short | Orderly PERP_HOOD_USDC_mythos | 122.06 | 0.0100 | get 0.0100% / 8h | 5h 26m | $2K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- $21
- Price spread: +0.066% → 0.000%
- $6.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.56
- Costs to cover
- 0.170%
- Break-even
- 3.5 days
Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.23 bp | 14.3 bp −$14 | 67.8 bp −$678 | 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 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 | 122.04 | +0.047% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDTlong | 0.0000% | 8h | 121.98 | long leg | $3.7M | $7.3M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.91 | −0.057% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.98 | 0.000% | $581K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.98 | 0.000% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.02 | +0.033% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.02 | +0.033% | $999K | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.238% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.97 | −0.008% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.95 | −0.025% | — | $64K | 25x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.90 | −0.066% | $51.4M | $25.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.97 | −0.008% | $252K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.02 | +0.029% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.01 | +0.025% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 121.82 | −0.131% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0094% | 8h | 122.07 | +0.071% | $2.3M | $875K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.95 | −0.026% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.06 | +0.066% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.08 | +0.082% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythosshort | +0.0100% | 8h | 122.06 | +0.066% | $2K | $2K | 10x | |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.04 | +0.046% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.07 | +0.074% | $28K | $239K | 10x | as long as short |
| Binance HOODUSDT | +0.0205% | 8h | 121.99 | +0.007% | $21.2M | $86.9M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0208% | 1h | 121.93 | −0.039% | $469K | $2.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.139% | $229K | $1.5M | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 121.90 | −0.066% | $1.1M | $1.9M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0303% | 8h | 122.06 | +0.066% | $853K | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0330% | 8h | 122.08 | +0.082% | $176K | $178K | 20x | as long as short |
| edgeX HOODUSDC | +0.0351% | 4h | 122.07 | +0.076% | $367K | $301K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.14 | +0.127% | $455K | $1.3M | 10x | as long as short |
Bybit HOODUSDT
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC