Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0425%/8h= +46.5% APRpaid last 24h +0.116%
Price spread now: edgeX against Binance+0.123%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.123%, 7d avg +0.019%
Together, before fees+0.109%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.104% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.019%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.241% in total (about 12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HOODUSDT121.030get 0.0000% / 8h3h 23m$20.7M$91.2M20x
ShortedgeX HOODUSDC121.180.0425get 0.0212% / 4h3h 23m$365K$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$89.15
Price spread: +0.123% → +0.019%
$10.4
Slippage, 4 orders
−$17.78
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$62.77
Costs to cover
0.368%
Break-even
2.1 days
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago0.41 bp6.6 bp −$714.1 bp −$14149.4 bp −$4,943doesn't fit
Sell edgeX live order book, 30 min ago5.76 bp10.8 bp −$1120.1 bp −$201doesn't fitdoesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.89−0.116%$58K$57K30xas long as short
Gate HOOD_USDT−0.0127%8h121.06+0.024%$571K$7.7M50xas long as short
Bitget HOODUSDT−0.0102%8h121.11+0.066%$5.4M$9.7M20xas long as short
Aster HOODUSDT0.0000%8h121.05+0.020%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.01−0.020%$362K$1.4M10xas long as short
Binance HOODUSDTlong0.0000%8h121.03long leg$20.7M$91.2M20x
Bybit HOODUSDT0.0000%8h121.01−0.017%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.07+0.033%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.05+0.016%$383K$1.4M10xas long as short
Variational Omni HOOD0.0000%8h121.08+0.039%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.11+0.064%$849K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.05+0.016%$990K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.82−0.174%$63K25xas long as short
QFEX HOOD-USD+0.0022%1h121.01−0.017%$1.3M$3.3M10xas long as short
Arcus HOOD-USD+0.0040%1h121.02−0.009%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.94−0.075%$51.3M$28.3M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.82−0.174%$251K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h121.01−0.018%$727$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.96−0.058%$1.2M$1.5M15xas long as short
Pacifica HOOD+0.0100%1h120.99−0.030%$67K$109K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.08+0.041%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.08+0.041%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.02−0.009%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.99−0.037%$16K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0120%1h121.10+0.057%$193K$1.9M10xas long as short
BloFin HOOD-USDT+0.0120%8h121.05+0.016%$174K$158K20xas long as short
Phoenix HOOD+0.0132%1h121.14+0.090%$28K$238K10xas long as short
Lighter HOOD+0.0168%1h121.02−0.012%$2.8M$3.2M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0246%1h120.99−0.034%$6K$54K10xas long as short
edgeX HOODUSDCshort+0.0425%4h121.18+0.123%$365K$303K10x