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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.065%
Price spread now: Coinbase International against Gate−0.066%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$510.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.066%, 7d avg −0.167%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.101% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.167%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HOOD_USDT121.890get 0.0000% / 8h6h 19m$582K$6.9M50x
ShortCoinbase International HOOD-PERP-INTX121.810.0176get 0.0022% / 1h19m 32s$229K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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
$36.96
Price spread: −0.066% → −0.167%
$10.11
Slippage, 4 orders
−$25.77
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$3.71
Costs to cover
0.508%
Break-even
7.7 days
Slippage from Gate: live order book, 2 min ago; Coinbase International: 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 Gate live order book, 2 min ago5.33 bp14.3 bp −$1455.2 bp −$552doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago2.87 bp8.3 bp −$817.2 bp −$172doesn't fitdoesn'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%8h121.98+0.072%$110K$285K20xas long as short
Bybit HOODUSDT0.0000%8h121.85−0.033%$3.7M$7.4M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.95+0.049%$2.7M$5.9M20xas long as short
Gate HOOD_USDTlong0.0000%8h121.89long leg$582K$6.9M50x
Bitget HOODUSDT0.0000%8h121.91+0.016%$5.5M$9.1M20xas long as short
Phemex HOODUSDT0.0000%8h121.96+0.057%$998K$7K10xas long as short
Variational Omni HOOD+0.0032%8h121.92+0.025%$2.3M$900Kas long as short
Arcus HOOD-USD+0.0040%1h121.87−0.016%$1.1M$1.9M10xas long as short
Vest HOOD-USD-PERP+0.0046%1h121.77−0.098%$64K25xas long as short
Polymarket Perps HOOD-USD+0.0050%1h121.85−0.033%$252K$338K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX HOOD-USD+0.0050%1h121.96+0.057%$726$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.81−0.066%$1.3M$1.3M15xas long as short
QFEX HOOD-USD+0.0062%1h121.92+0.025%$1.3M$2.7M10xas long as short
Pacifica HOOD+0.0100%1h121.89−0.003%$73K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.94+0.041%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.84−0.041%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.96+0.057%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.97+0.066%$16K10xas long as short
tradeXYZ xyz:HOOD+0.0119%1h121.91+0.016%$51.4M$25.6M10xas long as short
Lighter HOOD+0.0128%1h121.91+0.019%$2.9M$3.0M10xas long as short
Binance HOODUSDT+0.0167%8h121.95+0.050%$21.2M$87.4M20xas long as short
Extended HOOD_24_5-USD+0.0168%1h121.91+0.018%$378K$2.5M10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0176%1h121.81−0.066%$229K$1.6M10x
Phoenix HOOD+0.0197%1h121.83−0.049%$28K$239K10xas long as short
BloFin HOOD-USDT+0.0286%8h122.00+0.090%$175K$180K20xas long as short
Injective HOOD/USDC PERP+0.0440%1h121.69−0.164%$28K$96K30xas long as short
GRVT HOOD_USDT_Perp+0.0441%8h121.88−0.006%$856K$1.8M10xas long as short
edgeX HOODUSDC+0.0600%4h121.98+0.074%$367K$303K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0653%1h121.95+0.049%$6K$41K10xas long as short
RISEx HOOD/USDC+0.1124%1h122.04+0.123%$432K$1.3M10xas long as short