Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h +0.010%

Price spread now: Vest against GRVT−0.124%63s7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.124% cheaper against GRVT than usual: you would sell low and buy high (spread −0.124% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 27 days of funding at the current rate ($0 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT HOOD_USDT_Perp	120.60	0	get 0.0000% / 8h	1h 28m	$852K	$2.0M	10x
Short	Vest HOOD-USD-PERP	120.45	0.0016	get 0.0002% / 1h	28m 19s	—	$63K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee GRVTbpFee VestbpOrdersPrice spread, now −0.124%Rate

Funding earned: $3.28
Price spread: −0.124% → 0.000%: −$12.44
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$20.16
Costs to cover: 0.110%
Break-even: 50.1 days

Slippage unknown: GRVT: live order book, 5 min ago; Vest: 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 GRVT live order book, 5 min ago	0.41 bp	12.1 bp −$12	27.9 bp −$279	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0392%	1h	120.34	−0.216%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0181%	8h	120.68	+0.066%	$599K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0175%	8h	120.73	+0.108%	$5.4M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.67	+0.058%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.62	+0.016%	$356K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.66	+0.049%	$20.8M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.63	+0.025%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.67	+0.058%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.60	−0.001%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perplong	0.0000%	8h	120.60	long leg	$852K	$2.0M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	120.66	+0.050%	$987K	$9K	10x	as long as short
Vest HOOD-USD-PERPshort	+0.0016%	1h	120.45	−0.124%	—	$63K	25x
Arcus HOOD-USD	+0.0040%	1h	120.54	−0.050%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.45	−0.124%	$250K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.64	+0.033%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.52	−0.066%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	120.62	+0.017%	$1.3M	$2.9M	10x	as long as short
Lighter HOOD	+0.0080%	1h	120.64	+0.036%	$2.8M	$3.2M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0082%	1h	120.60	0.000%	$6K	$52K	10x	as long as short
tradeXYZ xyz:HOOD	+0.0084%	1h	120.60	0.000%	$51.3M	$27.8M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.64	+0.033%	$67K	$106K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.67	+0.058%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.54	−0.050%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.61	+0.008%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.63	+0.025%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.66	+0.050%	$174K	$160K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.60	0.000%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.62	+0.017%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.70	+0.083%	$373K	$1.4M	10x	as long as short
edgeX HOODUSDC	+0.0390%	4h	120.58	−0.014%	$363K	$305K	10x	as long as short