Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG95.710+0.0050pay 0.0006% / 1h47m 43s$69K$2K10xLong Backpack
SHORT94.784+0.0440get 0.0055% / 1h47m 43s$25K$124K25xShort Injective
Price gap−0.967%841s
Funding gap+0.0390% /8h

Funding pays +$12 a day on $10k, but the gap is 0.967% under zero (no 7-day history yet): −$97 if it goes back, about 8.3 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$64+0.0390% /8h now · paid −0.638% over the last 7D
Price—spread −0.967%841s now · prices read too far apart to compare
Costsno datano order book for Backpack
Result, before costs—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.967%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HOOD on 40 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Backpack: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $400
    Backpack 10x, Injective 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$11.70Long Backpack: 24 payments, −$1.50; short Injective: 24 payments, +$13.20.
  • Watch: Prices read 14 min apart−0.967% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$25K vs $69K OI
    Injective sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBackpack Yes · Injective No
    KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0304%/8h × 21 periods−$63.79
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Backpack—
Fee Backpack bp × 2 orders−$10.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k−$73.81
price spread not counted: prices read too far apart
Costs to cover0.100%Break-evennever at this rate
Slippage: Backpack: no order-book sample; Injective: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBackpack—————
SELL · SHORTInjective28.15135.3 bp−$135doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Backpack: no data.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-23 08:04ReyaListing$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗
10-20 13:01ReyaListingnew market HOODRUSDPERP ($HOOD) seen by our collector
10-05 12:38RISExListingSeptember has been an extra special month - all because of you. On Sep 25, we hit $10B in cumulative volume, and one week later, we pushed open interest to a new all-time high of $ 77.3M. Product Highlight • Custom referral code slugs are now open to everyone • We launched Impact Pool for our power traders to reward size • Paid dividends on SPY and QQQ • Shipped TWAP and one-click trading, plus more UX upgrades • Improved mobile experience with QR login 9 new listings: 7 RWA and 2 Crypto $MSTR, $NVDA, $KORU, $HOOD, $TSLA, $CRCL, $SKHYNIX, $ARB, $ONDO - together a total of $126M in volume within their first month By the numbers • Total volume: $10.65B • Peak 24hr volume: $153,594,486 • Total active accounts: 11,669 • Total RWA volume: $2.12B • Peak open interest: $71,685,253 (new ATH $77.3M on 2 Oct) • Total fees: $2,750,797 • Peak daily active users: 3,211 • Total liquidations: $32,858,815 RISE will move as one. And we’re just getting started @risextrade on X ↗
09-30 13:31Vest MarketsOtherAt the open, $HOOD is up around 5%, with Robinhood's HOOD Summit bringing AI trading agents and perpetual futures. More than 150,000 customers have opened agentic trading accounts since May, with the agents running nearly 30 million daily tool queries. Trade $HOOD volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗