Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%

Price spread now: Gate against Aster−0.047%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1371.373% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.047%, 7d avg +0.004%

Together, before fees+0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 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: Gate is 0.051% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HOODUSDT	123.33	0	get 0.0000% / 8h	1h 35m	$110K	$262K	20x
Short	Gate HOOD_USDT	123.27	0	get 0.0000% / 8h	1h 35m	$556K	$7.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → +0.004%: −$5.1
Slippage, 4 orders: −$114.35
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$142.45
Costs to cover: 1.373%
Break-even: never at this rate

Slippage from Aster: live order book, 46 min ago; Gate: live order book, 3 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 Aster live order book, 46 min ago	4.44 bp	55.7 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	3.64 bp	14.6 bp −$15	56.4 bp −$564	doesn't fit	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-USD	−0.0030%	1h	123.11	−0.176%	$262K	$321K	10x	as long as short
Aster HOODUSDTlong	0.0000%	8h	123.33	long leg	$110K	$262K	20x
Bybit HOODUSDT	0.0000%	8h	123.23	−0.079%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.27	−0.047%	$3.0M	$5.7M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	123.30	−0.022%	$401K	$1.4M	10x	as long as short
Gate HOOD_USDTshort	0.0000%	8h	123.27	−0.047%	$556K	$7.8M	50x
Bitget HOODUSDT	0.0000%	8h	123.27	−0.047%	$5.7M	$9.1M	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	123.28	−0.038%	$6K	$80K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.27	−0.047%	$1.0M	$8K	10x	as long as short
Variational Omni HOOD	+0.0007%	8h	123.43	+0.084%	$2.4M	$1.0M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter HOOD	+0.0032%	1h	123.22	−0.084%	$2.9M	$2.1M	10x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	123.26	−0.055%	—	$63K	25x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	123.28	−0.038%	$740	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	123.19	−0.111%	$1.4M	$1.3M	15x	as long as short
QFEX HOOD-USD	+0.0057%	1h	123.29	−0.030%	$1.3M	$4.1M	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0071%	8h	123.39	+0.051%	$868K	$2.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0080%	1h	123.32	−0.006%	$191K	$1.8M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.23	−0.078%	$80K	$109K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.34	+0.010%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	123.40	+0.059%	$15K	$184K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.31	−0.014%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.26	−0.053%	$16K	—	10x	as long as short
Binance HOODUSDT	+0.0122%	8h	123.30	−0.025%	$23.7M	$83.9M	20x	as long as short
Extended HOOD_24_5-USD	+0.0128%	1h	123.27	−0.047%	$417K	$1.2M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0179%	1h	123.24	−0.071%	$53.0M	$29.6M	10x	as long as short
Arcus HOOD-USD	+0.0187%	1h	123.30	−0.022%	$1.1M	$1.7M	10x	as long as short
BloFin HOOD-USDT	+0.0247%	8h	123.42	+0.075%	$187K	$123K	20x	as long as short
Injective HOOD/USDC PERP	+0.0258%	1h	123.41	+0.067%	$63K	$50K	30x	as long as short
Phoenix HOOD	+0.0388%	1h	123.43	+0.083%	$28K	$188K	10x	as long as short
edgeX HOODUSDC	+0.0813%	4h	123.43	+0.079%	$371K	$307K	10x	as long as short