Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.003%
Price spread now: Polymarket Perps against Phemex−0.166%46s7-day average −0.153% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.166%, 7d avg −0.153%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HOODUSDT120.590get 0.0000% / 8h33m 21s$987K$8K10x
ShortPolymarket Perps HOOD-USD120.390.0002get 0.0000% / 1h33m 21s$251K$345K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Phemex. 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

Funding earned
$0.42
Price spread: −0.166% → −0.153%
−$1.3
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$20.88
Costs to cover
0.200%
Break-even
355.0 days
Slippage unknown: Phemex: live order book, 54 min ago; Polymarket Perps: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 54 min ago7.04 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago2.07 bp8.4 bp −$88.9 bp −$8910.3 bp −$1,034doesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.48−0.091%$57K$57K30xas long as short
Gate HOOD_USDT−0.0175%8h120.61+0.017%$598K$7.6M50xas long as short
Bitget HOODUSDT−0.0089%8h120.67+0.066%$5.5M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.61+0.013%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.58−0.011%$356K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.61+0.017%$20.8M$92.0M20xas long as short
Bybit HOODUSDT0.0000%8h120.61+0.017%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.56−0.025%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.66+0.055%$2.2M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.58−0.009%$852K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDTlong0.0000%8h120.59long leg$987K$8K10x
Polymarket Perps HOOD-USDshort+0.0002%1h120.39−0.166%$251K$345K10x
edgeX HOODUSDC+0.0017%4h120.74+0.124%$363K$304K10xas long as short
Vest HOOD-USD-PERP+0.0019%1h120.40−0.158%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.57−0.017%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.58−0.008%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.53−0.050%$51.1M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.56−0.023%$722$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.590.000%$1.3M$1.4M15xas long as short
Lighter HOOD+0.0088%1h120.57−0.013%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.55−0.031%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.590.000%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.50−0.075%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.58−0.008%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.55−0.037%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.68+0.075%$173K$170K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0192%1h120.67+0.066%$197K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.71+0.100%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.64+0.039%$397K$1.4M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0580%1h120.58−0.008%$6K$52K10xas long as short