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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.003%
Price spread now: Coinbase International against BloFin−0.082%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.082%, 7d avg −0.175%
Together, before fees−0.207%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.093% dearer against BloFin than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −0.175%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.233% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HOOD-USDT122.610.0120pay 0.0120% / 8h7h 03m$181K$161K20x
ShortCoinbase International HOOD-PERP-INTX122.510.0096get 0.0012% / 1h3m 11s$207K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
−$5.04
Price spread: −0.082% → −0.175%
$9.32
Slippage, 4 orders
−$18.44
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$36.16
Costs to cover
0.404%
Break-even
never at this rate
Slippage from BloFin: live order book, 61 min ago; Coinbase International: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 61 min ago0.41 bp7.2 bp −$79.4 bp −$9420.6 bp −$2,058doesn't fit
Sell Coinbase International live order book, just now6.12 bp11.1 bp −$1115.3 bp −$153doesn'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
Aster HOODUSDT0.0000%8h122.59−0.015%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.50−0.088%$364K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.55−0.049%$21.8M$89.4M20xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.53−0.065%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.63+0.013%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.59−0.016%$571K$7.9M50xas long as short
Bitget HOODUSDT0.0000%8h122.54−0.057%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.66+0.043%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.73+0.098%$866K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.52−0.073%$8K$69K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.57−0.033%$1.0M$8K10xas long as short
Bybit HOODUSDT+0.0008%8h122.54−0.057%$3.9M$8.7M25xas long as short
QFEX HOOD-USD+0.0014%1h122.57−0.033%$1.3M$4.1M10xas long as short
Vest HOOD-USD-PERP+0.0038%1h122.46−0.122%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.71+0.082%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.40−0.171%$255K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.56−0.044%$738$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.72+0.090%$1.2M$1.6M15xas long as short
Lighter HOOD+0.0064%1h122.51−0.083%$2.9M$2.1M10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0096%1h122.51−0.082%$207K$1.9M10x
Pacifica HOOD+0.0100%1h122.57−0.030%$71K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.64+0.024%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.67+0.049%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.56−0.041%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.48−0.103%$16K10xas long as short
BloFin HOOD-USDTlong+0.0120%8h122.61long leg$181K$161K20x
tradeXYZ xyz:HOOD+0.0128%1h122.49−0.098%$52.6M$27.7M10xas long as short
Phoenix HOOD+0.0196%1h122.71+0.082%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.93+0.261%$63K$49K30xas long as short
edgeX HOODUSDC+0.0958%4h122.74+0.104%$369K$305K10xas long as short