Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.036%

Price spread now: SoDEX against Gate−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HOOD_USDT	120.40	0	get 0.0000% / 8h	7h 43m	$600K	$7.0M	50x
Short	SoDEX HOOD-USD	120.35	0.0050	get 0.0006% / 1h	43m 06s	$718	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee GatebpFee SoDEXbpOrdersPrice spread, now −0.044%Rate

Funding earned: $10.5
Price spread: −0.044% → 0.000%: −$4.4
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$16.9
Costs to cover: 0.230%
Break-even: 18.3 days

Slippage unknown: Gate: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	3.73 bp	13.4 bp −$13	77.2 bp −$772	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	−0.0440%	1h	119.92	−0.399%	$58K	$61K	30x	as long as short
Bitget HOODUSDT	−0.0098%	8h	120.42	+0.017%	$5.5M	$9.8M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.41	+0.008%	$108K	$284K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.37	−0.026%	$357K	$2.2M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.33	−0.058%	$20.8M	$91.7M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.34	−0.050%	$3.7M	$8.6M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.38	−0.017%	$2.7M	$6.2M	20x	as long as short
Gate HOOD_USDTlong	0.0000%	8h	120.40	long leg	$600K	$7.0M	50x
Variational Omni HOOD	0.0000%	8h	120.49	+0.071%	$2.2M	$982K	—	as long as short
Phemex HOODUSDT	0.0000%	8h	120.43	+0.025%	$985K	$8K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest HOOD-USD-PERP	+0.0010%	1h	120.22	−0.150%	—	$64K	25x	as long as short
Lighter HOOD	+0.0032%	1h	120.34	−0.051%	$2.8M	$3.0M	10x	as long as short
QFEX HOOD-USD	+0.0038%	1h	120.41	+0.008%	$1.3M	$2.8M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.33	−0.058%	$1.1M	$1.8M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.28	−0.100%	$50.8M	$27.4M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.30	−0.083%	$251K	$341K	10x	as long as short
SoDEX HOOD-USDshort	+0.0050%	1h	120.35	−0.044%	$718	$4K	10x
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.42	+0.017%	$1.2M	$1.4M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	120.38	−0.018%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.44	+0.033%	$1.3M	$1.4M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.35	−0.042%	$5K	$36K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.38	−0.017%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.35	−0.041%	$16K	—	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0110%	8h	120.50	+0.081%	$853K	$1.9M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.41	+0.008%	$173K	$175K	20x	as long as short
Phoenix HOOD	+0.0133%	1h	120.50	+0.083%	$28K	$238K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0200%	1h	119.88	−0.432%	$195K	$1.8M	10x	as long as short
edgeX HOODUSDC	+0.0248%	4h	120.51	+0.095%	$363K	$305K	10x	as long as short
RISEx HOOD/USDC	+0.0421%	1h	120.44	+0.034%	$418K	$1.4M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0498%	1h	120.35	−0.042%	$6K	$53K	10x	as long as short