Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Bybit+0.238%49s7-day average — · you sell dearer than you buy

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

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 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 0.238% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Bybit HOODUSDT	121.66	0	get 0.0000% / 8h	5h 28m	$3.9M	$8.7M	25x
Short	ApeX Omni HOODUSDT	121.95	0.0100	get 0.0013% / 1h	28m 39s	$5K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.238%Rate

Funding earned: $21
Price spread: +0.238% → 0.000%: $23.84
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $23.84
Costs to cover: 0.210%
Break-even: from the start

Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago	1.64 bp	13.7 bp −$14	44.7 bp −$447	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
Polymarket Perps HOOD-USD	−0.0114%	1h	121.67	+0.008%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.65	−0.011%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.62	−0.035%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.65	−0.009%	$21.0M	$90.5M	20x	as long as short
Bybit HOODUSDTlong	0.0000%	8h	121.66	long leg	$3.9M	$8.7M	25x
OKX HOOD-USDT-SWAP	0.0000%	8h	121.67	+0.008%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.66	−0.003%	$379K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.80	+0.115%	$579K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.75	+0.074%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.02	+0.300%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	122.05	+0.321%	$857K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.84	+0.148%	$7K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.80	+0.115%	$996K	$8K	10x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.88	+0.181%	$1.3M	$3.8M	10x	as long as short
Vest HOOD-USD-PERP	+0.0027%	1h	121.74	+0.066%	—	$62K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.77	+0.090%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.59	−0.058%	$52.0M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.83	+0.138%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.74	+0.066%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.099%	$194K	$1.9M	10x	as long as short
Lighter HOOD	+0.0080%	1h	121.65	−0.012%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.62	−0.036%	$68K	$108K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.70	+0.033%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	121.95	+0.238%	$5K	$41K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.87	+0.173%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.82	+0.129%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.03	+0.304%	$174K	$158K	20x	as long as short
Phoenix HOOD	+0.0197%	1h	121.93	+0.222%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.247%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0457%	4h	121.81	+0.122%	$367K	$305K	10x	as long as short