HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.041%

Price spread now: Polymarket Perps against tradeXYZ−0.123%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on tradeXYZ Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.308%−$31 on $10k

Price spread, last 7 days+0.129%+$13 · spread now −0.123%, 7d avg −0.090%

Together, before fees−0.179%+ Points / potential airdroptradeXYZ: Active · farm board−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Polymarket Perps is 0.034% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.090%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:HOOD	121.57	0.0050	pay 0.0006% / 1h	59m 28s	$51.9M	$28.1M	10x
Short	Polymarket Perps HOOD-USD	121.42	−0.0231	pay 0.0029% / 1h	59m 28s	$252K	$344K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against tradeXYZ. 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 tradeXYZbpFee Polymarket PerpsbpOrdersPrice spread, now −0.123%Rate

Funding earned: −$59.05
Price spread: −0.123% → −0.090%: −$3.37
Slippage, 4 orders: −$11.09
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$99.52
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; Polymarket Perps: live order book, 63 min ago.

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 tradeXYZ live order book, 10 min ago	1.23 bp	11.3 bp −$11	13.3 bp −$133	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 63 min ago	2.46 bp	6.9 bp −$7	7.2 bp −$72	9.0 bp −$904	doesn't fit

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
Polymarket Perps HOOD-USDshort	−0.0231%	1h	121.42	−0.123%	$252K	$344K	10x
Aster HOODUSDT	0.0000%	8h	121.67	+0.083%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.61	+0.030%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.62	+0.041%	$21.1M	$90.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.60	+0.025%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.59	+0.016%	$2.7M	$6.1M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.64	+0.058%	$398K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.70	+0.107%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.72	+0.123%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.71	+0.116%	$2.3M	$1.1M	—	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	121.70	+0.106%	$853K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.67	+0.082%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0024%	1h	121.54	−0.025%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.63	+0.049%	$1.3M	$3.7M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.63	+0.049%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODlong	+0.0050%	1h	121.57	long leg	$51.9M	$28.1M	10x
SoDEX HOOD-USD	+0.0050%	1h	121.63	+0.053%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.50	−0.058%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.025%	$194K	$1.9M	10x	as long as short
Lighter HOOD	+0.0096%	1h	121.63	+0.047%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.64	+0.057%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.69	+0.099%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.68	+0.090%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.60	+0.025%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.61	+0.035%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.71	+0.115%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.66	+0.074%	$28K	$237K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0326%	1h	121.63	+0.049%	$7K	$68K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.173%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0734%	4h	121.70	+0.107%	$366K	$306K	10x	as long as short