Funding arb · Price arb / RWA

HOOD

RWAAll HOOD markets →

LONGHTX▾edgeX −0.0688%Aster 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%SunX 0.0000%Phemex 0.0000%AZverse +0.0005%RISEx +0.0006%QFEX +0.0007%Extended +0.0008%MEXC +0.0008%Binance +0.0008%Lighter +0.0032%BloFin +0.0033%Vest Markets +0.0046%Popdex +0.0048%Polymarket Perps +0.0050%Ondo Perps +0.0050%tradeXYZ +0.0079%OKX +0.0091%Avantis +0.0094%Pacifica +0.0100%ApeX Omni +0.0100%Reya +0.0100%Orderly +0.0100%TxFlow +0.0100%Aevo +0.0104%Bitget +0.0137%Phoenix +0.0167%Injective +0.0170%SoDEX +0.0172%BingX +0.0205%Kraken Futures +0.0227%Bybit +0.0229%Deribit +0.0376%Backpack +0.0516%HTX +0.0719%Arcus +0.0738%

⇄⇅

SHORTGRVT▾Arcus +0.0738%Backpack +0.0516%Deribit +0.0376%Bybit +0.0229%Kraken Futures +0.0227%BingX +0.0205%SoDEX +0.0172%Injective +0.0170%Phoenix +0.0167%Bitget +0.0137%Aevo +0.0104%Pacifica +0.0100%ApeX Omni +0.0100%Reya +0.0100%Orderly +0.0100%TxFlow +0.0100%OKX +0.0091%tradeXYZ +0.0079%Avantis −0.0058%Ondo Perps +0.0050%Polymarket Perps +0.0050%Popdex +0.0048%Vest Markets +0.0046%BloFin +0.0033%Lighter +0.0032%Binance +0.0008%Extended +0.0008%MEXC +0.0008%QFEX +0.0007%RISEx +0.0006%AZverse +0.0005%Aster 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%Phemex 0.0000%edgeX −0.0688%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HTXHOODX-USDT	95.990	+0.0719	pay 0.0719% / 8h	5h 44m	$62K	$19K	20x	Long HTX
SHORT	GRVTHOOD_USDT_Perp	95.872	0	0.0000% / 8h	5h 44m	$677K	$1.8M	10x	Short GRVT

Price gap−0.123%

Funding gap−0.0719% /8h

Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.123% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.059% in total, about −0.0028%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.123%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

HTXGRVT

HOOD on 40 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for HTX: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $1,000

  HTX 20x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval8h / 8h

  Both legs pay at the same time.

  Long HTX · 8h−$21.57

  Short GRVT · 8h$0.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$21.57Long HTX: 3 payments, −$21.57; short GRVT: 3 payments, $0.00.
• i
  Note: No 7-day spread history−0.123%

  The gap cannot be compared with its average yet.
• !
  Watch: Long leg is thinner$62K vs $677K OI

  HTX sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legGRVT points

  Volume here counts toward the points program.
• !
  Watch: KYCHTX Limited · GRVT No

  No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0028%/8h × 21 periods−$5.93

Price spread−0.123% → 0−$12.33

Slippage, 4 ordersno data for HTX—

Fee HTX bp × 2 orders−$12.00

Fee GRVT bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$39.26

Costs to cover0.210%Break-evennever at this rate

Slippage: HTX: no order-book sample; GRVT: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGHTX—————

SELL · SHORTGRVT2.088.9 bp−$918.8 bp−$188doesn’t fitdoesn’t fit

Closing costs about the same again.
HTX: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →

10-27 15:08	tradeXYZ	Other	Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗
10-27 14:14	Phoenix	Other	Robinhood, $HOOD reports earnings after the market closes today. Analysts expect revenue of ~$1.42B, which would be a company record. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗
10-26 22:17	Polymarket Perps	Other	One of the biggest earnings weeks of the season is here. Tue Oct 27 • SKHY • SKHYNIX • HOOD Wed Oct 28 • SAMSUNG • MSFT • GOOGL Thu Oct 29 • AMZN • INTC • SNDK • MSTR • STRC • COIN Trade every report on Polymarket Perps👇 @Poly_Perps on X ↗
10-26 15:26	Variational Omni	Other	Eligible markets: Day 1 (Oct 27): $HOOD, $V, $STX, $TER, $SKHY Day 2 (Oct 28): $GOOGL, $MSFT, $KLAC Day 3 (Oct 29): $AMZN, $COIN, $MSTR, $RDDT, $SNDK @variational_io on X ↗
10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-23 08:04	Reya	Listing	$CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗