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+0.0034%/8h= +3.7% APRpaid last 24h −0.080%
Price spread now: BloFin against edgeX−0.010%101s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.010%, 7d avg +0.008%
Together, before fees+0.033%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HOODUSDC120.760.0086pay 0.0043% / 4h37m 28s$363K$304K10x
ShortBloFin HOOD-USDT120.750.0120get 0.0120% / 8h37m 28s$173K$168K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$7.05
Price spread: −0.010% → +0.008%
−$1.78
Slippage, 4 orders
−$22.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$38.69
Costs to cover
0.440%
Break-even
45.4 days
Slippage from edgeX: live order book, 66 min ago; BloFin: 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, 66 min ago6.63 bp11.8 bp −$1220.9 bp −$209doesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago3.72 bp10.8 bp −$1114.4 bp −$14444.6 bp −$4,462doesn'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%1h120.48−0.234%$57K$57K30xas long as short
Gate HOOD_USDT−0.0172%8h120.77+0.006%$599K$7.6M50xas long as short
Bitget HOODUSDT−0.0086%8h120.81+0.040%$5.5M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.74−0.021%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.72−0.036%$356K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.74−0.019%$20.8M$92.0M20xas long as short
Bybit HOODUSDT0.0000%8h120.73−0.027%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.75−0.010%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.85+0.070%$2.2M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.75−0.010%$853K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.80+0.031%$988K$8K10xas long as short
Polymarket Perps HOOD-USD+0.0005%1h120.57−0.159%$251K$345K10xas long as short
Vest HOOD-USD-PERP+0.0019%1h120.58−0.151%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.68−0.068%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.76−0.002%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.71−0.043%$51.2M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.75−0.007%$723$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.79+0.023%$1.3M$1.4M15xas long as short
Lighter HOOD+0.0080%1h120.73−0.023%$2.8M$3.2M10xas long as short
edgeX HOODUSDClong+0.0086%4h120.76long leg$363K$304K10x
Pacifica HOOD+0.0100%1h120.73−0.023%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.71−0.043%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.80+0.031%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.75−0.010%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.75−0.013%$16K10xas long as short
BloFin HOOD-USDTshort+0.0120%8h120.75−0.010%$173K$168K20x
Coinbase International HOOD-PERP-INTX+0.0192%1h120.67−0.076%$197K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.71−0.043%$28K$238K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0413%1h120.76−0.002%$6K$52K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.80+0.028%$397K$1.4M10xas long as short