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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0023%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h −0.060%
Price spread now: QFEX against Coinbase International+0.041%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$360.363% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.088%−$9 on $10k
Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.041%, 7d avg +0.151%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.110% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.151%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HOOD-PERP-INTX122.430.0080pay 0.0010% / 1h6m 29s$198K$1.9M10x
ShortQFEX HOOD-USD122.480.0057get 0.0007% / 1h6m 29s$1.3M$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$4.92
Price spread: +0.041% → +0.151%
−$11.04
Slippage, 4 orders
−$16.32
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$52.29
Costs to cover
0.363%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; QFEX: live order book, 12 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 ago6.54 bp11.5 bp −$1214.7 bp −$147doesn't fitdoesn't fit
Sell QFEX live order book, 12 min ago1.62 bp6.6 bp −$78.8 bp −$8816.2 bp −$1,623doesn'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−0.0140%1h122.38−0.041%$269K$332K10xas long as short
Aster HOODUSDT0.0000%8h122.430.000%$108K$263K20xas long as short
Bybit HOODUSDT0.0000%8h122.50+0.057%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.54+0.090%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.45+0.017%$393K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.45+0.016%$569K$7.9M50xas long as short
Bitget HOODUSDT0.0000%8h122.53+0.082%$5.6M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h122.39−0.034%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.44+0.005%$857K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.35−0.065%$8K$81K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.45+0.016%$1.0M$8K10xas long as short
Lighter HOOD+0.0032%1h122.45+0.020%$2.9M$2.2M10xas long as short
Binance HOODUSDT+0.0043%8h122.49+0.050%$22.1M$88.0M20xas long as short
Vest HOOD-USD-PERP+0.0046%1h122.38−0.041%$63K25xas long as short
Extended HOOD_24_5-USD+0.0048%1h122.46+0.021%$411K$1.2M10xas long as short
SoDEX HOOD-USD+0.0050%1h122.33−0.083%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.35−0.065%$1.2M$1.6M15xas long as short
QFEX HOOD-USDshort+0.0057%1h122.48+0.041%$1.3M$4.1M10x
Coinbase International HOOD-PERP-INTXlong+0.0080%1h122.43long leg$198K$1.9M10x
Pacifica HOOD+0.0100%1h122.49+0.050%$71K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.50+0.057%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.44+0.008%$5K$135K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.42−0.008%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.33−0.082%$16K10xas long as short
tradeXYZ xyz:HOOD+0.0108%1h122.50+0.057%$52.5M$29.8M10xas long as short
BloFin HOOD-USDT+0.0167%8h122.40−0.025%$183K$123K20xas long as short
Arcus HOOD-USD+0.0187%1h122.34−0.074%$1.1M$1.7M10xas long as short
Injective HOOD/USDC PERP+0.0258%1h123.07+0.523%$63K$50K30xas long as short
Phoenix HOOD+0.0388%1h122.44+0.008%$28K$188K10xas long as short
edgeX HOODUSDC+0.0985%4h122.43−0.004%$368K$306K10xas long as short