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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.8% APRpaid last 24h −0.135%
Price spread now: Aster against edgeX−0.052%90s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1231.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.411%−$41 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.052%, 7d avg −0.012%
Together, before fees−0.387%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.040% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HOODUSDC120.960.0299pay 0.0150% / 4h2h 13m$364K$305K10x
ShortAster HOODUSDT120.900get 0.0000% / 8h2h 13m$106K$281K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$62.82
Price spread: −0.052% → −0.012%
−$4.03
Slippage, 4 orders
−$105.51
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$189.36
Costs to cover
1.225%
Break-even
never at this rate
Slippage from edgeX: live order book, 34 min ago; Aster: live order book, 33 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 edgeX live order book, 34 min ago5.78 bp10.9 bp −$1119.9 bp −$199doesn't fitdoesn't fit
Sell Aster live order book, 33 min ago7.03 bp46.1 bp −$46doesn't fitdoesn'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
Injective HOOD/USDC PERP−0.0440%1h120.56−0.334%$57K$57K30xas long as short
Bitget HOODUSDT−0.0252%8h121.05+0.072%$5.4M$9.9M20xas long as short
Gate HOOD_USDT−0.0174%8h121.06+0.080%$604K$7.7M50xas long as short
Polymarket Perps HOOD-USD−0.0012%1h120.82−0.119%$251K$344K10xas long as short
Aster HOODUSDTshort0.0000%8h120.90−0.052%$106K$281K20x
Extended HOOD_24_5-USD0.0000%1h121.00+0.029%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.03+0.055%$20.7M$91.8M20xas long as short
Bybit HOODUSDT0.0000%8h121.01+0.038%$3.7M$8.9M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.03+0.055%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h121.00+0.030%$2.3M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.92−0.034%$856K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.05+0.072%$990K$9K10xas long as short
Vest HOOD-USD-PERP+0.0010%1h120.79−0.143%$63K25xas long as short
Lighter HOOD+0.0032%1h120.97+0.002%$2.8M$3.2M10xas long as short
Arcus HOOD-USD+0.0040%1h120.85−0.094%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.92−0.036%$51.3M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.02+0.046%$723$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.96−0.003%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0053%1h121.00+0.030%$1.3M$3.0M10xas long as short
Pacifica HOOD+0.0100%1h121.00+0.027%$67K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.90−0.052%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.88−0.069%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.00+0.030%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.96+0.001%$16K10xas long as short
RISEx HOOD/USDC+0.0109%1h121.03+0.056%$399K$1.4M10xas long as short
BloFin HOOD-USDT+0.0120%8h120.97+0.005%$174K$158K20xas long as short
Phoenix HOOD+0.0132%1h120.90−0.052%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.34−0.515%$192K$1.8M10xas long as short
edgeX HOODUSDClong+0.0299%4h120.96long leg$364K$305K10x
Deribit HOOD_USDC-PERPETUAL+0.0908%1h121.00+0.030%$6K$55K10xas long as short