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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against GRVT−0.279%83s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1471.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 7 days+0.289%+$29 · spread now −0.279%, 7d avg −0.022%
Together, before fees+0.268%+ Points / potential airdropGRVT: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.257% cheaper against GRVT than usual: you would sell low and buy high (spread −0.279% now, against its 7-day average of −0.022%). If the spread goes back, that is −$26 on $10k: about 8.6 days of funding at the current rate (+$3 a day). The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT HOOD_USDT_Perp122.050get 0.0000% / 8h5h 28m$857K$2.0M10x
ShortKuCoin HOODUSDTM121.710.0100get 0.0100% / 8h5h 28m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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
$21
Price spread: −0.279% → −0.022%
−$25.65
Slippage, 4 orders
−$125.65
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$151.3
Costs to cover
1.467%
Break-even
57.4 days
Slippage from GRVT: live order book, 5 min ago; KuCoin: live order book, 7 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 GRVT live order book, 5 min ago0.41 bp12.5 bp −$1322.5 bp −$225doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago2.46 bp41.2 bp −$41doesn'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
Polymarket Perps HOOD-USD−0.0115%1h121.49−0.459%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.66−0.320%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.63−0.346%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.66−0.320%$21.0M$90.5M20xas long as short
Bybit HOODUSDT0.0000%8h121.69−0.295%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.64−0.336%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.66−0.323%$379K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.72−0.270%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.73−0.262%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h122.02−0.020%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perplong0.0000%8h122.05long leg$857K$2.0M10x
Phemex HOODUSDT0.0000%8h121.72−0.270%$996K$8K10xas long as short
QFEX HOOD-USD+0.0024%1h121.68−0.303%$1.3M$3.8M10xas long as short
Vest HOOD-USD-PERP+0.0026%1h121.59−0.377%$62K25xas long as short
Arcus HOOD-USD+0.0040%1h121.77−0.229%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.62−0.352%$52.0M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.67−0.312%$733$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.74−0.254%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54−0.418%$194K$1.9M10xas long as short
Lighter HOOD+0.0080%1h121.65−0.329%$2.8M$3.1M10xas long as short
Pacifica HOOD+0.0100%1h121.62−0.356%$68K$108K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.71−0.279%$1.3M$1.2M20x
ApeX Omni HOODUSDT+0.0100%1h121.95−0.082%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.65−0.328%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.62−0.352%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.03−0.016%$174K$158K20xas long as short
Phoenix HOOD+0.0197%1h121.93−0.098%$28K$239K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0326%1h121.63−0.344%$7K$68K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.36−0.565%$58K$57K30xas long as short
edgeX HOODUSDC+0.0457%4h121.81−0.198%$367K$305K10xas long as short