Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.020%

Price spread now: Variational Omni against Aevo+0.110%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.110% dearer against Aevo than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo HOOD-PERP	121.92	0.0104	pay 0.0013% / 1h	21m 24s	$16K	—	10x
Short	Variational Omni HOOD	122.05	0	get 0.0000% / 8h	6h 21m	$2.3M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now +0.110%Rate

Funding earned: −$21.84
Price spread: +0.110% → 0.000%: $11.04
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$26.8
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	4.06 bp	doesn't fit	29.7 bp −$297	doesn't fit	doesn't fit

Aevo: 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 29 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-USD	−0.0126%	1h	121.75	−0.136%	$253K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	122.01	+0.080%	$107K	$274K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.93	+0.015%	$359K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.93	+0.014%	$21.1M	$90.7M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.97	+0.045%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.98	+0.053%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.96	+0.036%	$375K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.95	+0.028%	$578K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.99	+0.061%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOODshort	0.0000%	8h	122.05	+0.110%	$2.3M	$1.1M	—

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.93	+0.011%	$855K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.99	+0.061%	$8K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.97	+0.045%	$998K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0029%	1h	121.84	−0.062%	—	$63K	25x	as long as short
Lighter HOOD	+0.0032%	1h	121.97	+0.041%	$2.9M	$3.1M	10x	as long as short
QFEX HOOD-USD	+0.0034%	1h	121.92	+0.004%	$1.3M	$3.9M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.89	−0.021%	$1.1M	$1.7M	10x	as long as short
edgeX HOODUSDC	+0.0047%	4h	121.90	−0.011%	$367K	$304K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.97	+0.049%	$735	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.78	−0.111%	$1.2M	$1.6M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0064%	1h	121.78	−0.111%	$195K	$1.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0066%	1h	121.94	+0.020%	$52.6M	$27.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.97	+0.047%	$68K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.97	+0.045%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.92	+0.004%	$5K	$91K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.93	+0.012%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPlong	+0.0104%	1h	121.92	long leg	$16K	—	10x
Injective HOOD/USDC PERP	+0.0186%	1h	121.38	−0.439%	$58K	$57K	30x	as long as short
Phoenix HOOD	+0.0261%	1h	121.94	+0.020%	$28K	$237K	10x	as long as short