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−0.0140%/8h= −15.3% APRpaid last 24h −0.105%
Price spread now: KuCoin against edgeX+0.071%98s7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1561.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.321%−$32 on $10k
Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.071%, 7d avg −0.031%
Together, before fees−0.476%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.102% dearer against edgeX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.031%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HOODUSDC120.760.0240pay 0.0120% / 4h1h 43m$363K$305K10x
ShortKuCoin HOODUSDTM120.850.0100get 0.0100% / 8h1h 43m$1.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$29.38
Price spread: +0.071% → −0.031%
$10.21
Slippage, 4 orders
−$134.54
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$174.71
Costs to cover
1.555%
Break-even
never at this rate
Slippage from edgeX: live order book, 65 min ago; KuCoin: 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 edgeX live order book, 65 min ago5.78 bp10.9 bp −$1119.9 bp −$199doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago2.48 bp37.6 bp −$38doesn'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−0.0392%1h120.80+0.030%$58K$57K30xas long as short
Gate HOOD_USDT−0.0173%8h120.84+0.063%$600K$7.7M50xas long as short
Bitget HOODUSDT−0.0104%8h120.83+0.054%$5.4M$10.0M20xas long as short
Aster HOODUSDT0.0000%8h120.81+0.038%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.76−0.001%$357K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.79+0.021%$20.8M$92.3M20xas long as short
Bybit HOODUSDT0.0000%8h120.76−0.003%$3.7M$8.9M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.84+0.063%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.70−0.054%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.78+0.015%$853K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.76−0.003%$988K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.57−0.161%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.71−0.045%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.60−0.136%$250K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.75−0.016%$721$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.75−0.012%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.78+0.013%$1.3M$3.0M10xas long as short
Pacifica HOOD+0.0100%1h120.81+0.039%$67K$105K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h120.85+0.071%$1.3M$1.3M20x
ApeX Omni HOODUSDT+0.0100%1h120.67−0.078%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.75−0.012%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.74−0.018%$16K10xas long as short
Lighter HOOD+0.0112%1h120.78+0.013%$2.8M$3.2M10xas long as short
BloFin HOOD-USDT+0.0120%8h120.78+0.013%$175K$160K20xas long as short
tradeXYZ xyz:HOOD+0.0140%1h120.70−0.053%$51.3M$27.9M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60−0.136%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.73−0.028%$28K$238K10xas long as short
edgeX HOODUSDClong+0.0240%4h120.76long leg$363K$305K10x
Deribit HOOD_USDC-PERPETUAL+0.0330%1h120.78+0.013%$6K$52K10xas long as short
RISEx HOOD/USDC+0.0365%1h120.86+0.077%$374K$1.4M10xas long as short