HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0417%/8h= −45.7% APRnext payment −$0.52 per $10,000 · paid last 24h +0.026%

Price spread now: Injective against Polymarket Perps−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Injective is 0.033% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps HOOD-USD	120.26	−0.0023	get 0.0003% / 1h	8m 45s	$251K	$345K	10x
Short	Injective HOOD/USDC PERP	120.22	−0.0440	pay 0.0055% / 1h	8m 45s	$57K	$57K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now −0.033%Rate

Funding earned: −$87.6
Price spread: −0.033% → 0.000%: −$3.33
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$98.94
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 28 min ago; Injective: 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 Polymarket Perps live order book, 28 min ago	2.07 bp	8.0 bp −$8	8.5 bp −$85	11.3 bp −$1,132	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 PERPshort	−0.0440%	1h	120.22	−0.033%	$57K	$57K	30x
Gate HOOD_USDT	−0.0164%	8h	120.50	+0.200%	$598K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0155%	8h	120.46	+0.166%	$5.5M	$9.9M	20x	as long as short
Polymarket Perps HOOD-USDlong	−0.0023%	1h	120.26	long leg	$251K	$345K	10x
Aster HOODUSDT	0.0000%	8h	120.41	+0.123%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.37	+0.093%	$358K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.39	+0.108%	$20.7M	$91.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.38	+0.100%	$3.7M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.37	+0.091%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.42	+0.133%	$2.2M	$1.0M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.42	+0.134%	$844K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.43	+0.141%	$985K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	120.25	−0.008%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.37	+0.091%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.45	+0.158%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.31	+0.042%	$51.1M	$26.9M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.38	+0.101%	$719	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.42	+0.133%	$1.3M	$1.4M	15x	as long as short
Lighter HOOD	+0.0072%	1h	120.38	+0.100%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.37	+0.094%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.43	+0.141%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.39	+0.108%	$5K	$40K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.40	+0.116%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.36	+0.084%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.43	+0.141%	$173K	$175K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0166%	1h	120.37	+0.091%	$6K	$52K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.33	+0.058%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.43	+0.141%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.53	+0.220%	$402K	$1.4M	10x	as long as short
edgeX HOODUSDC	+0.0701%	4h	120.43	+0.145%	$362K	$303K	10x	as long as short