Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Aster−0.027%49s7-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 ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

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. ApeX Omni is 0.027% cheaper against Aster than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HOODUSDT	120.74	0	get 0.0000% / 8h	1h 02m	$105K	$281K	20x
Short	ApeX Omni HOODUSDT	120.71	0.0100	get 0.0013% / 1h	2m 37s	$5K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.027%Rate

Funding earned: $21
Price spread: −0.027% → 0.000%: −$2.68
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $0.32
Costs to cover: 0.180%
Break-even: 6.9 days

Slippage unknown: Aster: live order book, 39 min ago; ApeX Omni: 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, 39 min ago	4.14 bp	56.2 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	−0.0392%	1h	120.61	−0.110%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0170%	8h	120.76	+0.015%	$601K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0093%	8h	120.77	+0.023%	$5.5M	$10.0M	20x	as long as short
Aster HOODUSDTlong	0.0000%	8h	120.74	long leg	$105K	$281K	20x
Extended HOOD_24_5-USD	0.0000%	1h	120.69	−0.041%	$356K	$1.6M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.73	−0.014%	$20.8M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.70	−0.035%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.74	−0.002%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.83	+0.072%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	120.81	+0.059%	$846K	$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	120.81	+0.056%	$988K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	120.58	−0.134%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.69	−0.043%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.58	−0.134%	$251K	$345K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.75	+0.010%	$719	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.64	−0.085%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	120.74	−0.002%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0084%	1h	120.67	−0.060%	$51.3M	$26.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.71	−0.025%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.73	−0.010%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	120.71	−0.027%	$5K	$41K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.76	+0.015%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.75	+0.007%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.81	+0.056%	$173K	$166K	20x	as long as short
Lighter HOOD	+0.0128%	1h	120.71	−0.026%	$2.8M	$3.2M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.60	−0.118%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.80	+0.048%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.78	+0.035%	$394K	$1.4M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0413%	1h	120.75	+0.006%	$6K	$52K	10x	as long as short
edgeX HOODUSDC	+0.0648%	4h	120.82	+0.064%	$364K	$304K	10x	as long as short