Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.051%

Price spread now: Vest against Binance−0.063%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.063% cheaper against Binance than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HOODUSDT	122.88	0.0010	pay 0.0010% / 8h	17m 58s	$22.0M	$88.6M	20x
Short	Vest HOOD-USD-PERP	122.80	0.0043	get 0.0005% / 1h	17m 58s	—	$63K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.063%Rate

Funding earned: $6.95
Price spread: −0.063% → 0.000%: −$6.32
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.37
Costs to cover: 0.120%
Break-even: 18.5 days

Slippage unknown: Binance: live order book, 10 min ago; Vest: 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 Binance live order book, 10 min ago	0.41 bp	7.5 bp −$7	13.9 bp −$139	58.1 bp −$5,813	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Polymarket Perps HOOD-USD	−0.0035%	1h	122.75	−0.104%	$270K	$332K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	122.92	+0.033%	$109K	$263K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	122.89	+0.010%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	122.87	−0.006%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	122.88	+0.002%	$383K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.86	−0.014%	$567K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.87	−0.006%	$5.5M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.84	−0.032%	$2.4M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	122.90	+0.017%	$868K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	122.84	−0.031%	$8K	$70K	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	122.85	−0.023%	$1.0M	$8K	10x	as long as short
Injective HOOD/USDC PERP	+0.0008%	1h	122.89	+0.010%	$63K	$50K	30x	as long as short
Extended HOOD_24_5-USD	+0.0008%	1h	122.84	−0.031%	$411K	$1.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0008%	1h	122.84	−0.031%	$199K	$1.9M	10x	as long as short
Binance HOODUSDTlong	+0.0010%	8h	122.88	long leg	$22.0M	$88.6M	20x
QFEX HOOD-USD	+0.0027%	1h	122.88	+0.002%	$1.3M	$4.3M	10x	as long as short
Lighter HOOD	+0.0032%	1h	122.84	−0.032%	$2.9M	$2.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	122.83	−0.039%	$1.1M	$1.7M	10x	as long as short
BloFin HOOD-USDT	+0.0041%	8h	122.86	−0.014%	$183K	$125K	20x	as long as short
Vest HOOD-USD-PERPshort	+0.0043%	1h	122.80	−0.063%	—	$63K	25x
SoDEX HOOD-USD	+0.0050%	1h	122.84	−0.031%	$737	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.86	−0.014%	$1.2M	$1.7M	15x	as long as short
tradeXYZ xyz:HOOD	+0.0058%	1h	122.85	−0.023%	$52.7M	$29.7M	10x	as long as short
edgeX HOODUSDC	+0.0083%	4h	122.89	+0.012%	$370K	$308K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	122.90	+0.020%	$71K	$114K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	122.89	+0.010%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.84	−0.031%	$5K	$132K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.85	−0.023%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.83	−0.039%	$16K	—	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.95	+0.059%	$28K	$239K	10x	as long as short