Funding you earn now, next payment 08:00 UTC−0.0165%/8h= −18.0% APRpaid last 24h −0.110%
Price spread now: Bybit against Deribit−0.017%45s7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 45 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 | Deribit HOOD_USDC-PERPETUAL | 120.67 | 0.0165 | pay 0.0021% / 1h | 56m 31s | $6K | $52K | 10x |
| Short | Bybit HOODUSDT | 120.65 | 0 | get 0.0000% / 8h | 56m 31s | $3.7M | $8.8M | 25x |
Deribit HOOD_USDC-PERPETUAL
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Deribit. 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
- −$34.55
- Price spread: −0.017% → 0.000%
- −$1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.21
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 2 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.24 bp | 12.6 bp −$13 | 25.7 bp −$257 | 1008.3 bp −$100.8K | doesn't fit |
Deribit: 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 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 | 120.38 | −0.240% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0172% | 8h | 120.69 | +0.017% | $601K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0101% | 8h | 120.76 | +0.075% | $5.5M | $10.0M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0036% | 1h | 120.47 | −0.166% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.68 | +0.012% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.66 | −0.006% | $358K | $2.1M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.69 | +0.017% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDTshort | 0.0000% | 8h | 120.65 | −0.017% | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.66 | −0.008% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | −0.055% | $2.3M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.64 | −0.026% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.71 | +0.033% | $988K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.48 | −0.157% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.60 | −0.058% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.67 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.63 | −0.033% | $51.3M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.68 | +0.007% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | −0.066% | $1.2M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 120.66 | −0.009% | $2.8M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.65 | −0.013% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.66 | −0.008% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | −0.033% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.67 | 0.000% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.66 | −0.010% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.67 | 0.000% | $173K | $165K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUALlong | +0.0165% | 1h | 120.67 | long leg | $6K | $52K | 10x | |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | 0.000% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.76 | +0.075% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.74 | +0.058% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0534% | 4h | 120.67 | −0.001% | $363K | $303K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC