After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.040%7d average+0.136%fees + slippage, in and out−$31spread needed0.306%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 123.59 | −0.0009 | get 0.0001% / 1h | 29m 37s | $252K | $251K | 10x |
| Short | Binance HOODUSDT | 123.64 | 0.0237 | get 0.0237% / 8h | 29m 37s | $24.3M | $67.3M | 20x |
Price 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
- $4.05
- Funding while held
- $7.35
- Slippage, 4 orders
- −$12.59
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.18
- Spread needed to break even
- 0.306%
Slippage from Polymarket Perps: live order book, 19 min ago; Binance: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0245%
- Per $10,000 a day
- +$7.35
- 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 Polymarket Perps live order book, 19 min ago | 2.85 bp | 7.2 bp −$7 | 9.1 bp −$91 | 14.3 bp −$1,434 | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.22 bp | 6.9 bp −$7 | 14.3 bp −$143 | 43.8 bp −$4,376 | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.HOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.445% | +0.0028% | 1h | $63K | $180K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | −0.235% | +0.0232% | 1h | $516K | $1.3M | 10x | as long as short |
| ApeX Omni HOODUSDT | −0.113% | +0.0100% | 1h | $45K | $255K | 50x | as long as short |
| edgeX HOODUSDC | −0.088% | +0.0769% | 4h | $371K | $305K | 10x | as long as short |
| Phoenix HOOD | −0.065% | +0.0259% | 1h | $29K | $160K | 10x | as long as short |
| Extended HOOD_24_5-USD | −0.001% | +0.0240% | 1h | $413K | $1.1M | 10x | as long as short |
| Polymarket Perps HOOD-USDlong | 0.000% | −0.0009% | 1h | $252K | $251K | 10x | |
| OKX HOOD-USDT-SWAP | +0.008% | +0.0001% | 8h | $3.1M | $5.2M | 20x | as long as short |
| BloFin HOOD-USDT | +0.008% | +0.0360% | 8h | $195K | $129K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.016% | +0.0050% | 1h | $53.5M | $24.3M | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps HOOD-USD.P | +0.016% | +0.0050% | 1h | $1.4M | $1.3M | 15x | as long as short |
| Pacifica HOOD | +0.022% | +0.0100% | 1h | $71K | $95K | 10x | as long as short |
| Variational Omni HOOD | +0.023% | +0.0168% | 8h | $2.4M | $1.1M | — | as long as short |
| Arcus HOOD-USD | +0.024% | +0.0520% | 1h | $1.1M | $1.7M | 10x | as long as short |
| Bitget HOODUSDT | +0.032% | +0.0153% | 8h | $5.8M | $8.4M | 20x | as long as short |
| Binance HOODUSDTshort | +0.040% | +0.0237% | 8h | $24.3M | $67.3M | 20x | |
| Gate HOOD_USDT | +0.040% | 0.0000% | 8h | $575K | $7.2M | 50x | as long as short |
| KuCoin HOODUSDTM | +0.040% | +0.0100% | 8h | $1.3M | $932K | 20x | as long as short |
| Lighter HOOD | +0.046% | +0.0080% | 1h | $3.2M | $1.9M | 10x | as long as short |
| Bybit HOODUSDT | +0.057% | 0.0000% | 8h | $4.2M | $7.5M | 25x | as long as short |
| Vest HOOD-USD-PERP | +0.073% | +0.0046% | 1h | — | $57K | 25x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.105% | 0.0000% | 1h | $6K | $182K | 10x | as long as short |
| SoDEX HOOD-USD | +0.113% | +0.0050% | 1h | $744 | $3K | 10x | as long as short |
| Phemex HOODUSDT | +0.113% | 0.0000% | 8h | $1.0M | $8K | 10x | as long as short |
| RISEx HOOD/USDC | +0.116% | +0.1094% | 1h | $393K | $1.5M | 10x | as long as short |
| QFEX HOOD-USD | +0.129% | +0.0075% | 1h | $1.4M | $3.1M | 10x | as long as short |
| Aster HOODUSDT | +0.132% | 0.0000% | 8h | $117K | $230K | 20x | as long as short |
| Aevo HOOD-PERP | +0.136% | +0.0104% | 1h | $16K | — | 10x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.138% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
Polymarket Perps HOOD-USD
Binance HOODUSDT
Injective
Coinbase International
ApeX Omni
Phoenix
Extended
OKX
BloFin
tradeXYZ
Pacifica
Variational Omni
Bitget
Gate
KuCoin
Lighter
Bybit
Deribit
SoDEX
Phemex
RISEx
Aster