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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bybit−0.172%7-day average −0.078% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 days−0.095%−$9 · spread now −0.172%, 7d avg −0.078%
Together, before fees−0.118%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.093% cheaper against Bybit than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of −0.078%). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT122.220get 0.0000% / 8h5h 06m$3.7M$7.2M25x
ShortOndo Perps HOOD-USD.P122.010.0050get 0.0006% / 1h6m 00s$1.3M$1.2M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$10.58
Price spread: −0.172% → −0.078%
−$9.34
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$14.75
Costs to cover
0.160%
Break-even
16.8 days
Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.23 bp14.1 bp −$1433.6 bp −$336doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 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%8h122.17−0.042%$110K$285K20xas long as short
Bybit HOODUSDTlong0.0000%8h122.22long leg$3.7M$7.2M25x
OKX HOOD-USDT-SWAP0.0000%8h122.16−0.049%$2.7M$5.9M20xas long as short
Gate HOOD_USDT0.0000%8h122.220.000%$582K$6.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.24+0.016%$5.6M$9.1M20xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.18−0.033%$6K$41K10xas long as short
Phemex HOODUSDT0.0000%8h122.20−0.016%$1.0M$7K10xas long as short
edgeX HOODUSDC+0.0007%4h122.06−0.133%$367K$302K10xas long as short
Injective HOOD/USDC PERP+0.0009%1h121.69−0.434%$28K$96K30xas long as short
Lighter HOOD+0.0032%1h122.23+0.007%$2.8M$2.9M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest HOOD-USD-PERP+0.0046%1h122.01−0.172%$64K25xas long as short
tradeXYZ xyz:HOOD+0.0050%1h122.19−0.025%$51.6M$24.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.11−0.090%$253K$340K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.19−0.024%$728$4K10xas long as short
Ondo Perps HOOD-USD.Pshort+0.0050%1h122.01−0.172%$1.3M$1.2M15x
QFEX HOOD-USD+0.0070%1h122.17−0.041%$1.3M$2.7M10xas long as short
Variational Omni HOOD+0.0071%8h122.06−0.132%$2.3M$870Kas long as short
Pacifica HOOD+0.0100%1h122.15−0.057%$73K$115K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.19−0.025%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.02−0.164%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.19−0.025%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.20−0.017%$16K10xas long as short
GRVT HOOD_USDT_Perp+0.0170%8h122.07−0.123%$855K$1.7M10xas long as short
Extended HOOD_24_5-USD+0.0184%1h122.19−0.024%$467K$2.6M10xas long as short
Binance HOODUSDT+0.0187%8h122.23+0.008%$21.2M$86.9M20xas long as short
Phoenix HOOD+0.0196%1h122.09−0.106%$28K$239K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0224%1h121.81−0.335%$229K$1.5M10xas long as short
Arcus HOOD-USD+0.0252%1h122.15−0.057%$1.1M$1.9M10xas long as short
BloFin HOOD-USDT+0.0309%8h122.20−0.016%$176K$178K20xas long as short
RISEx HOOD/USDC+0.0862%1h122.29+0.057%$456K$1.4M10xas long as short