Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.032%

Price spread now: ApeX Omni against Bitget+0.255%113s7-day average — · you sell dearer than you buy

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

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.255% dearer against Bitget than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOODUSDT	121.53	0	get 0.0000% / 8h	6h 55m	$5.5M	$9.3M	20x
Short	ApeX Omni HOODUSDT	121.84	0.0100	get 0.0013% / 1h	55m 43s	$5K	$30K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.255%Rate

Funding earned: $21
Price spread: +0.255% → 0.000%: $25.51
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $24.51
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 min ago; ApeX Omni: 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 Bitget live order book, 3 min ago	2.46 bp	12.8 bp −$13	36.7 bp −$367	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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
Aster HOODUSDT	0.0000%	8h	121.83	+0.247%	$110K	$285K	20x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.51	−0.016%	$2.7M	$6.1M	20x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.85	+0.263%	$572K	$6.8M	50x	as long as short
Bitget HOODUSDTlong	0.0000%	8h	121.53	long leg	$5.5M	$9.3M	20x
Phemex HOODUSDT	0.0000%	8h	121.93	+0.329%	$998K	$8K	10x	as long as short
Variational Omni HOOD	+0.0016%	8h	121.90	+0.305%	$2.3M	$938K	—	as long as short
Vest HOOD-USD-PERP	+0.0018%	1h	121.77	+0.197%	—	$64K	25x	as long as short
Bybit HOODUSDT	+0.0021%	8h	121.55	+0.016%	$3.7M	$7.9M	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.48	−0.041%	$1.1M	$1.8M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.55	+0.016%	$51.2M	$26.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps HOOD-USD	+0.0050%	1h	121.92	+0.321%	$254K	$336K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.91	+0.313%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.95	+0.346%	$1.3M	$1.3M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	121.93	+0.329%	$1.3M	$2.8M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.53	+0.004%	$74K	$108K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.61	+0.066%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	121.84	+0.255%	$5K	$30K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.91	+0.313%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.95	+0.348%	$16K	—	10x	as long as short
Lighter HOOD	+0.0112%	1h	121.56	+0.029%	$2.9M	$3.0M	10x	as long as short
Phoenix HOOD	+0.0133%	1h	121.99	+0.379%	$28K	$231K	10x	as long as short
Extended HOOD_24_5-USD	+0.0160%	1h	121.80	+0.226%	$361K	$2.3M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0160%	1h	121.90	+0.304%	$6K	$50K	10x	as long as short
Binance HOODUSDT	+0.0164%	8h	121.59	+0.045%	$21.1M	$89.1M	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0176%	1h	121.91	+0.313%	$232K	$1.8M	10x	as long as short
BloFin HOOD-USDT	+0.0272%	8h	121.80	+0.222%	$173K	$178K	20x	as long as short
edgeX HOODUSDC	+0.0287%	4h	122.01	+0.394%	$367K	$302K	10x	as long as short
Injective HOOD/USDC PERP	+0.0440%	1h	121.59	+0.049%	$30K	$94K	30x	as long as short
GRVT HOOD_USDT_Perp	+0.1023%	8h	121.98	+0.373%	$853K	$1.8M	10x	as long as short
RISEx HOOD/USDC	+0.1124%	1h	122.09	+0.465%	$419K	$1.3M	10x	as long as short