Funding arb · Price arb / RWA

HOOD

RWAAll HOOD markets →

LONGBingX▾edgeX −0.0769%Aster 0.0000%Phemex 0.0000%Vest Markets +0.0030%Arcus +0.0038%Popdex +0.0048%Polymarket Perps +0.0050%SoDEX +0.0050%Ondo Perps +0.0050%QFEX +0.0069%Bitget +0.0090%Pacifica +0.0100%ApeX Omni +0.0100%Aevo +0.0104%Coinbase International +0.0120%tradeXYZ +0.0202%Variational Omni +0.0210%KuCoin +0.0218%OKX +0.0264%Deribit +0.0275%Phoenix +0.0280%Lighter +0.0304%Binance +0.0310%Extended +0.0312%Avantis +0.0355%Gate +0.0382%GRVT +0.0402%BingX +0.0404%Bybit +0.0424%BloFin +0.0430%RISEx +0.0879%

⇄⇅

SHORTInjective▾RISEx +0.0879%BloFin +0.0430%Bybit +0.0424%GRVT +0.0402%Gate +0.0382%Avantis −0.0319%Extended +0.0312%Binance +0.0310%Lighter +0.0304%Phoenix +0.0280%Deribit +0.0275%OKX +0.0264%KuCoin +0.0218%Variational Omni +0.0210%tradeXYZ +0.0202%Coinbase International +0.0120%Aevo +0.0104%Pacifica +0.0100%ApeX Omni +0.0100%Bitget +0.0090%QFEX +0.0069%Ondo Perps +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Popdex +0.0048%Arcus +0.0038%Vest Markets +0.0030%Injective 0.0000%Aster 0.0000%Phemex 0.0000%edgeX −0.0769%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKHOOD2USD-USDT	114.37	+0.0404	pay 0.0404% / 8h	1h 43m	$978K	$7.9M	—	Long BingX
SHORT	InjectiveHOOD/USDC PERP	114.21	0	0.0000% / 1h	43m 28s	$2K	$180K	25x	Short Injective

Price gap−0.136%

Funding gap−0.0404% /8h

Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.209% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.175% in total, about −0.0083%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.136%

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

24H3D7D14D30D90D

BingXInjective

HOOD on 32 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

• !
  Watch: Thin at this size7.6 / 44.4 bp

  At $10k entering Injective costs 44.4 bp, fee and slippage, 5.9× BingX’s.
• i
  Note: Margin at max leverage— + $400

  BingX —, Injective 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long BingX · 8h−$12.12

  Short Injective · 1h+$0.01

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$12.11Long BingX: 3 payments, −$12.12; short Injective: 24 payments, +$0.01.
• !
  Watch: Gap narrower than usual−0.136% vs +0.073%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$2K vs $978K OI

  Injective sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCBingX Yes · Injective No

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0083%/8h × 21 periods−$17.45

Price spread−0.136% → +0.073% (7d avg)−$20.89

Slippage, 4 orderslive order books−$69.05

Fee BingX bp × 2 orders−$10.00

Fee Injective bp × 2 orders−$0.02

Net · 7 days · $10k−$117.42

Costs to cover0.791%Break-evennever at this rate

Slippage: BingX: live order book, 11 min ago; Injective: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBingX0.447.6 bp−$813.7 bp−$13758.7 bp−$5,869326.7 bp−$163.4K

SELL · SHORTInjective19.6944.4 bp−$44doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →

09-30 13:31	Vest Markets	Other	At 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 18:50	Aevo	Other	bitcoin: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 ↗
09-21 16:05	Aevo	Contest	bitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 13:35	gTrade (Gains Network)	Listing	new market HOOD/USD ($HOOD) seen by our collector
09-19 00:09	SoDEX	Other	Robinhood (HOOD) shares are up 9.12% today. The company has grown beyond its commission-free trading roots, expanding across options, crypto, retirement products, and subscription services while building a broader retail investing ecosystem. Explore our latest research on Robinhood, its growth strategy, and what could drive the company next: @sodex_official on X ↗
09-18 17:30	Vest Markets	Other	$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗