Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: Bitget against Binance+0.041%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.041%, 7d avg +0.015%

Together, before fees−0.141%−$14 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: Bitget is 0.026% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HOODUSDT	121.72	0	get 0.0000% / 8h	5h 37m	$21.1M	$90.2M	20x
Short	Bitget HOODUSDT	121.77	0	get 0.0000% / 8h	5h 37m	$5.4M	$9.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → +0.015%: $2.62
Slippage, 4 orders: −$17.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$37.3
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 1 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 Binance live order book, 5 min ago	0.41 bp	8.1 bp −$8	13.7 bp −$137	51.3 bp −$5,129	doesn't fit
Sell Bitget live order book, 1 min ago	2.05 bp	11.1 bp −$11	41.1 bp −$411	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	−0.0126%	1h	121.56	−0.131%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.69	−0.023%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.70	−0.017%	$358K	$1.3M	10x	as long as short
Binance HOODUSDTlong	0.0000%	8h	121.72	long leg	$21.1M	$90.2M	20x
Bybit HOODUSDT	0.0000%	8h	121.74	+0.017%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.76	+0.033%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.72	−0.001%	$377K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.76	+0.033%	$580K	$7.7M	50x	as long as short
Bitget HOODUSDTshort	0.0000%	8h	121.77	+0.041%	$5.4M	$9.5M	20x
Variational Omni HOOD	0.0000%	8h	121.72	+0.001%	$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	121.68	−0.031%	$854K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.72	0.000%	$996K	$8K	10x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.70	−0.016%	$1.3M	$3.8M	10x	as long as short
Vest HOOD-USD-PERP	+0.0026%	1h	121.58	−0.115%	—	$62K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.66	−0.049%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.74	+0.017%	$52.1M	$28.0M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.73	+0.007%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.57	−0.123%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.147%	$194K	$1.9M	10x	as long as short
Lighter HOOD	+0.0064%	1h	121.70	−0.019%	$2.9M	$3.1M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0079%	1h	121.73	+0.009%	$7K	$68K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.70	−0.018%	$68K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.75	+0.025%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.66	−0.049%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.73	+0.009%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.72	+0.003%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.71	−0.008%	$174K	$159K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.73	+0.009%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.295%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0752%	4h	121.78	+0.052%	$366K	$304K	10x	as long as short