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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.044%
Price spread now: edgeX against BloFin−0.063%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.063%, 7d avg −0.011%
Together, before fees+0.032%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.052% cheaper against BloFin than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.011%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HOOD-USDT122.450.0355pay 0.0355% / 8h5h 48m$175K$179K20x
ShortedgeX HOODUSDC122.370.0627get 0.0314% / 4h1h 48m$368K$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$57.19
Price spread: −0.063% → −0.011%
−$5.19
Slippage, 4 orders
−$25.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$5.44
Costs to cover
0.466%
Break-even
6.3 days
Slippage from BloFin: live order book, 57 min ago; edgeX: live order book, 63 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 BloFin live order book, 57 min ago1.64 bp9.1 bp −$914.9 bp −$14936.4 bp −$3,642doesn't fit
Sell edgeX live order book, 63 min ago6.58 bp11.6 bp −$1221.3 bp −$213doesn't fitdoesn't fit

HOOD on 30 exchanges

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%8h122.38−0.059%$110K$285K20xas long as short
Bybit HOODUSDT0.0000%8h122.32−0.106%$3.7M$7.4M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.29−0.131%$2.7M$5.9M20xas long as short
Gate HOOD_USDT0.0000%8h122.32−0.106%$583K$6.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.29−0.131%$5.6M$9.1M20xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.28−0.139%$6K$41K10xas long as short
Phemex HOODUSDT0.0000%8h122.34−0.090%$1.0M$7K10xas long as short
Injective HOOD/USDC PERP+0.0009%1h121.69−0.621%$28K$96K30xas long as short
Vest HOOD-USD-PERP+0.0046%1h122.17−0.229%$64K25xas long as short
tradeXYZ xyz:HOOD+0.0050%1h122.31−0.114%$51.5M$25.4M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps HOOD-USD+0.0050%1h122.22−0.188%$253K$338K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.31−0.115%$731$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.28−0.139%$1.3M$1.2M15xas long as short
QFEX HOOD-USD+0.0070%1h122.31−0.114%$1.3M$2.7M10xas long as short
Pacifica HOOD+0.0100%1h122.28−0.135%$73K$116K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.450.000%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.27−0.147%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.33−0.098%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.33−0.097%$16K10xas long as short
Variational Omni HOOD+0.0108%8h122.42−0.025%$2.3M$875Kas long as short
Lighter HOOD+0.0128%1h122.35−0.082%$2.9M$2.9M10xas long as short
Phoenix HOOD+0.0196%1h122.42−0.024%$28K$239K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0224%1h121.81−0.523%$229K$1.6M10xas long as short
Extended HOOD_24_5-USD+0.0240%1h122.29−0.131%$469K$2.6M10xas long as short
Binance HOODUSDT+0.0240%8h122.33−0.098%$21.3M$87.1M20xas long as short
Arcus HOOD-USD+0.0252%1h122.28−0.139%$1.1M$1.9M10xas long as short
BloFin HOOD-USDTlong+0.0355%8h122.45long leg$175K$179K20x
GRVT HOOD_USDT_Perp+0.0490%8h122.41−0.036%$859K$1.7M10xas long as short
edgeX HOODUSDCshort+0.0627%4h122.37−0.063%$368K$303K10x
RISEx HOOD/USDC+0.0862%1h122.41−0.036%$457K$1.3M10xas long as short