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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.016%
Price spread now: OKX against Coinbase International+0.138%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.138%, 7d avg +0.158%
Together, before fees−0.159%−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HOOD-PERP-INTX122.840.0008pay 0.0001% / 1h46m 18s$199K$1.9M10x
ShortOKX HOOD-USDT-SWAP123.010get 0.0000% / 8h46m 18s$2.9M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Coinbase International. 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
−$1.68
Price spread: +0.138% → +0.158%
−$1.97
Slippage, 4 orders
−$25.92
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.58
Costs to cover
0.459%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; OKX: live order book, 1 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 Coinbase International live order book, 2 min ago7.72 bp12.7 bp −$1315.9 bp −$159doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.63 bp9.5 bp −$1029.4 bp −$294doesn'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
Polymarket Perps HOOD-USD−0.0088%1h122.78−0.049%$270K$332K10xas long as short
Aster HOODUSDT0.0000%8h122.92+0.062%$109K$263K20xas long as short
Bybit HOODUSDT0.0000%8h122.98+0.114%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAPshort0.0000%8h123.01+0.138%$2.9M$5.8M20x
RISEx HOOD/USDC0.0000%1h122.92+0.067%$389K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.95+0.090%$568K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.98+0.114%$5.6M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h122.97+0.106%$2.4M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.99+0.122%$869K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.90+0.049%$8K$70K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.97+0.106%$1.0M$8K10xas long as short
Injective HOOD/USDC PERP+0.0008%1h122.91+0.057%$63K$50K30xas long as short
Coinbase International HOOD-PERP-INTXlong+0.0008%1h122.84long leg$199K$1.9M10x
Extended HOOD_24_5-USD+0.0024%1h122.96+0.095%$411K$1.1M10xas long as short
Binance HOODUSDT+0.0025%8h122.96+0.095%$22.1M$88.3M20xas long as short
QFEX HOOD-USD+0.0027%1h122.92+0.065%$1.3M$4.2M10xas long as short
Lighter HOOD+0.0032%1h122.91+0.060%$2.9M$2.2M10xas long as short
Arcus HOOD-USD+0.0040%1h122.89+0.041%$1.1M$1.7M10xas long as short
Vest HOOD-USD-PERP+0.0046%1h122.85+0.008%$63K25xas long as short
SoDEX HOOD-USD+0.0050%1h122.96+0.095%$738$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.87+0.024%$1.2M$1.7M15xas long as short
tradeXYZ xyz:HOOD+0.0069%1h122.97+0.106%$52.7M$29.8M10xas long as short
BloFin HOOD-USDT+0.0099%8h122.94+0.081%$137K$124K20xas long as short
Pacifica HOOD+0.0100%1h122.92+0.068%$71K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h123.02+0.147%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.97+0.106%$5K$135K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.95+0.090%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.95+0.086%$16K10xas long as short
Phoenix HOOD+0.0196%1h122.99+0.122%$28K$239K10xas long as short
edgeX HOODUSDC+0.0757%4h123.01+0.139%$370K$308K10xas long as short