Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Aster−0.031%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.031% cheaper against Aster than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HOODUSDT	120.90	0	get 0.0000% / 8h	2h 54m	$106K	$280K	20x
Short	Aevo HOOD-PERP	120.86	0.0104	get 0.0013% / 1h	54m 42s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.031%Rate

Funding earned: $21.84
Price spread: −0.031% → 0.000%: −$3.06
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$5.22
Costs to cover: 0.240%
Break-even: 8.7 days

Slippage unknown: Aster: live order book, 57 min ago; Aevo: 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 Aster live order book, 57 min ago	4.53 bp	53.2 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 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	−0.0440%	1h	120.64	−0.213%	$57K	$57K	30x	as long as short
Bitget HOODUSDT	−0.0173%	8h	120.95	+0.044%	$5.4M	$9.7M	20x	as long as short
Gate HOOD_USDT	−0.0142%	8h	120.95	+0.044%	$582K	$7.6M	50x	as long as short
Polymarket Perps HOOD-USD	−0.0104%	1h	120.70	−0.163%	$250K	$344K	10x	as long as short
Aster HOODUSDTlong	0.0000%	8h	120.90	long leg	$106K	$280K	20x
Extended HOOD_24_5-USD	0.0000%	1h	120.87	−0.023%	$358K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.88	−0.014%	$20.7M	$91.4M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.90	+0.002%	$3.7M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.90	+0.002%	$2.7M	$6.1M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.97	+0.064%	$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	120.99	+0.077%	$851K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	120.85	−0.039%	$6K	$55K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.98	+0.069%	$990K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0013%	1h	120.75	−0.122%	—	$63K	25x	as long as short
Lighter HOOD	+0.0040%	1h	120.87	−0.026%	$2.8M	$3.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.91	+0.011%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.88	−0.014%	$51.2M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.89	−0.002%	$724	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.96	+0.052%	$1.2M	$1.5M	15x	as long as short
QFEX HOOD-USD	+0.0053%	1h	120.94	+0.036%	$1.3M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.90	+0.004%	$67K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.89	−0.006%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.95	+0.044%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.88	−0.014%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	120.86	−0.031%	$16K	—	10x
RISEx HOOD/USDC	+0.0109%	1h	120.91	+0.011%	$382K	$1.4M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.95	+0.044%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	120.94	+0.036%	$28K	$238K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.77	−0.105%	$193K	$1.8M	10x	as long as short
edgeX HOODUSDC	+0.0869%	4h	120.91	+0.007%	$364K	$303K	10x	as long as short