After costs, if the gap returns to its 7d average, $10k−$165
spread now−1.261%7d average−0.012%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 126.14 | 0.0050 | pay 0.0006% / 1h | 27m 23s | $296K | $206K | 10x |
| Short | Coinbase International HOOD-PERP-INTX | 124.55 | 0.0088 | get 0.0011% / 1h | 27m 23s | $265K | $808K | 10x |
Polymarket Perps HOOD-USD
Coinbase International HOOD-PERP-INTXPrice 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
- −$126.05
- Funding while held
- $1.14
- Slippage, 4 orders
- −$21.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$164.59
- Spread needed to break even
- 0.397%
Slippage from Polymarket Perps: live order book, 32 min ago; Coinbase International: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0038%
- Per $10,000 a day
- +$1.14
- 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, 32 min ago | 3.17 bp | 7.6 bp −$8 | 7.9 bp −$79 | 14.7 bp −$1,470 | doesn't fit |
| Sell Coinbase International live order book, 32 min ago | 6.73 bp | 11.7 bp −$12 | 17.0 bp −$170 | doesn't fit | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.SoDEX124.49cheapest
SoDEXCoinbase International124.55+0.046%
Phoenix125.17+0.544%edgeX125.46+0.779%KuCoin125.59+0.881%Phemex125.66+0.937%ApeX Omni125.72+0.986%Aevo125.75+1.012%Deribit125.77+1.026%tradeXYZ125.78+1.034%OKX125.80+1.050%Variational Omni125.80+1.050%Lighter125.81+1.056%Binance125.82+1.063%Gate125.83+1.074%Orderly125.83+1.074%Bybit125.84+1.082%Vest125.88+1.114%Bitget125.89+1.122%Pacifica125.96+1.182%BloFin126.00+1.211%
Phoenix
KuCoin
Phemex
ApeX Omni
Aevo
Deribit
tradeXYZ
OKX
Variational Omni
Lighter
Binance
Gate
Orderly
Bybit
Vest
Bitget
Pacifica
BloFinPolymarket Perps126.14+1.323%
Injective126.16+1.339%Ondo Perps126.17+1.347%Extended126.18+1.354%Aster126.18+1.358%RISEx126.26+1.421%Arcus126.35+1.492%QFEX126.44+1.564%
Injective
Ondo Perps
Extended
Aster
RISEx
Arcus
QFEXHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | −1.306% | +0.0050% | 1h | $744 | $3K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | −1.261% | +0.0088% | 1h | $265K | $808K | 10x | |
| Phoenix HOOD | −0.769% | +0.0253% | 1h | $29K | $24K | 10x | as long as short |
| edgeX HOODUSDC | −0.537% | +0.0757% | 4h | $379K | $295K | 10x | as long as short |
| KuCoin HOODUSDTM | −0.436% | +0.0100% | 8h | $2.4M | $549K | 20x | as long as short |
| Phemex HOODUSDT | −0.381% | 0.0000% | 8h | $1.0M | $7K | 10x | as long as short |
| ApeX Omni HOODUSDT | −0.333% | +0.0100% | 1h | $46K | $256K | 50x | as long as short |
| Aevo HOOD-PERP | −0.307% | +0.0104% | 1h | $16K | — | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | −0.293% | +0.0546% | 1h | $10K | $194K | 10x | as long as short |
| tradeXYZ xyz:HOOD | −0.285% | +0.0068% | 1h | $54.6M | $15.9M | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX HOOD-USDT-SWAP | −0.270% | +0.0033% | 8h | $3.1M | $3.5M | 20x | as long as short |
| Variational Omni HOOD | −0.269% | +0.0172% | 8h | $2.5M | $733K | — | as long as short |
| Lighter HOOD | −0.263% | +0.0128% | 1h | $3.2M | $1.7M | 10x | as long as short |
| Binance HOODUSDT | −0.257% | +0.0258% | 8h | $24.6M | $39.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.246% | 0.0000% | 8h | $663K | $4.4M | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | −0.246% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Bybit HOODUSDT | −0.238% | 0.0000% | 8h | $4.5M | $5.2M | 25x | as long as short |
| Vest HOOD-USD-PERP | −0.206% | +0.0046% | 1h | — | $1K | 25x | as long as short |
| Bitget HOODUSDT | −0.198% | +0.0168% | 8h | $6.0M | $6.7M | 20x | as long as short |
| Pacifica HOOD | −0.139% | +0.0100% | 1h | $74K | $87K | 10x | as long as short |
| BloFin HOOD-USDT | −0.111% | +0.0376% | 8h | $198K | $116K | 20x | as long as short |
| Polymarket Perps HOOD-USDlong | 0.000% | +0.0050% | 1h | $296K | $206K | 10x | |
| Injective HOOD/USDC PERP | +0.016% | +0.0191% | 1h | $64K | $181K | 30x | as long as short |
| Ondo Perps HOOD-USD.P | +0.024% | +0.0050% | 1h | $1.4M | $1.2M | 15x | as long as short |
| Extended HOOD_24_5-USD | +0.030% | +0.0256% | 1h | $438K | $1.0M | 10x | as long as short |
| Aster HOODUSDT | +0.035% | 0.0000% | 8h | $106K | $30K | 20x | as long as short |
| RISEx HOOD/USDC | +0.096% | +0.0233% | 1h | $379K | $1.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.166% | +0.0396% | 1h | $1.1M | $1.6M | 10x | as long as short |
| QFEX HOOD-USD | +0.238% | +0.0069% | 1h | $1.3M | $2.8M | 10x | as long as short |