Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Variational Omni+0.005%7-day average −0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.021%+$2 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.005%, 7d avg −0.020%
=Together, before fees−0.006%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HOOD | 120.83 | 0 | get 0.0000% / 8h | 1h 25m | $2.3M | $1.0M | — |
| Short | Bybit HOODUSDT | 120.84 | 0 | get 0.0000% / 8h | 1h 25m | $3.7M | $8.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.005% → −0.020%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.53
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bybit: live order book, 3 min ago. 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 Variational Omni RFQ quote, 4 min ago | 4.06 bp | doesn't fit | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.66 bp | 12.8 bp −$13 | 36.6 bp −$366 | 1142.7 bp −$114.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0392% | 1h | 120.34 | −0.409% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0178% | 8h | 120.90 | +0.055% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0173% | 8h | 120.92 | +0.071% | $5.4M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.82 | −0.012% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.85 | +0.013% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.87 | +0.030% | $20.8M | $92.4M | 20x | as long as short |
| Bybit HOODUSDTshort | 0.0000% | 8h | 120.84 | +0.005% | $3.7M | $8.8M | 25x | |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.86 | +0.022% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOODlong | 0.0000% | 8h | 120.83 | long leg | $2.3M | $1.0M | — | |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.71 | −0.103% | $845K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.84 | +0.005% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.62 | −0.177% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.63 | −0.169% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.70 | −0.111% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.85 | +0.011% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.56 | −0.227% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.79 | −0.036% | $1.3M | $2.9M | 10x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 120.84 | +0.008% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0084% | 1h | 120.80 | −0.028% | $51.3M | $27.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.82 | −0.009% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.75 | −0.069% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | −0.169% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.82 | −0.011% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.84 | +0.008% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.90 | +0.055% | $174K | $160K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.194% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.61 | −0.185% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.85 | +0.014% | $395K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0415% | 4h | 120.67 | −0.134% | $363K | $303K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0744% | 1h | 120.88 | +0.038% | $6K | $52K | 10x | as long as short |
Variational Omni HOOD
Bybit HOODUSDT
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL