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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.027%
Price spread now: Bybit against Extended−0.035%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 7 days+0.113%+$11 · spread now −0.035%, 7d avg +0.033%
Together, before fees+0.062%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.068% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended HOOD_24_5-USD121.950.0168pay 0.0021% / 1h19m 01s$418K$2.5M10x
ShortBybit HOODUSDT121.910get 0.0000% / 8h6h 19m$3.7M$7.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$35.28
Price spread: −0.035% → +0.033%
−$6.76
Slippage, 4 orders
−$35.25
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$93.3
Costs to cover
0.513%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Bybit: live order book, 2 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 Extended live order book, 3 min ago2.75 bp12.1 bp −$12104.0 bp −$1,040doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.23 bp12.1 bp −$1229.4 bp −$2941100.2 bp −$110.0Kdoesn't fit

HOOD on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HOODUSDT0.0000%8h121.99+0.032%$110K$285K20xas long as short
Bybit HOODUSDTshort0.0000%8h121.91−0.035%$3.7M$7.4M25x
OKX HOOD-USDT-SWAP0.0000%8h121.99+0.031%$2.7M$5.9M20xas long as short
Gate HOOD_USDT0.0000%8h121.97+0.014%$581K$6.9M50xas long as short
Bitget HOODUSDT0.0000%8h121.91−0.035%$5.5M$9.1M20xas long as short
Phemex HOODUSDT0.0000%8h122.01+0.047%$999K$7K10xas long as short
Variational Omni HOOD+0.0032%8h121.92−0.027%$2.3M$900Kas long as short
Arcus HOOD-USD+0.0040%1h121.87−0.068%$1.1M$1.9M10xas long as short
Vest HOOD-USD-PERP+0.0046%1h121.77−0.150%$64K25xas long as short
Polymarket Perps HOOD-USD+0.0050%1h121.85−0.084%$252K$338K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX HOOD-USD+0.0050%1h121.97+0.017%$726$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.81−0.117%$1.3M$1.3M15xas long as short
QFEX HOOD-USD+0.0062%1h121.92−0.027%$1.3M$2.7M10xas long as short
Pacifica HOOD+0.0100%1h121.89−0.054%$73K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.94−0.010%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.84−0.092%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.93−0.019%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.94−0.014%$16K10xas long as short
tradeXYZ xyz:HOOD+0.0124%1h121.87−0.068%$51.3M$25.6M10xas long as short
Lighter HOOD+0.0128%1h121.92−0.024%$2.9M$3.0M10xas long as short
Binance HOODUSDT+0.0167%8h121.99+0.030%$21.2M$87.4M20xas long as short
Extended HOOD_24_5-USDlong+0.0168%1h121.95long leg$418K$2.5M10x
Coinbase International HOOD-PERP-INTX+0.0176%1h121.81−0.117%$229K$1.6M10xas long as short
Phoenix HOOD+0.0197%1h121.83−0.101%$28K$239K10xas long as short
BloFin HOOD-USDT+0.0287%8h121.94−0.010%$174K$179K20xas long as short
Injective HOOD/USDC PERP+0.0440%1h121.69−0.215%$28K$96K30xas long as short
GRVT HOOD_USDT_Perp+0.0441%8h121.88−0.058%$856K$1.8M10xas long as short
edgeX HOODUSDC+0.0600%4h121.98+0.022%$367K$303K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0900%1h121.93−0.019%$6K$41K10xas long as short
RISEx HOOD/USDC+0.1124%1h122.04+0.072%$432K$1.3M10xas long as short