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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1217%/8h= +133.2% APRpaid last 24h +0.101%
Price spread now: edgeX against Injective+0.169%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.541%+$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and edgeX is 0.169% dearer against Injective than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.541% in total (about 28.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HOOD/USDC PERP120.35−0.0440get 0.0055% / 1h30m 19s$57K$57K30x
ShortedgeX HOODUSDC120.550.0777get 0.0388% / 4h2h 30m$363K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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
$255.54
Price spread: +0.169% → 0.000%
$16.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$263.41
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 18 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell edgeX live order book, 18 min ago5.78 bp11.1 bp −$1120.9 bp −$209doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERPlong−0.0440%1h120.35long leg$57K$57K30x
Bitget HOODUSDT−0.0251%8h120.78+0.357%$5.4M$9.8M20xas long as short
Gate HOOD_USDT−0.0166%8h120.73+0.316%$579K$7.6M50xas long as short
Polymarket Perps HOOD-USD−0.0044%1h120.50+0.125%$250K$344K10xas long as short
Aster HOODUSDT0.0000%8h120.71+0.302%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.71+0.297%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.74+0.324%$20.6M$91.7M20xas long as short
Bybit HOODUSDT0.0000%8h120.72+0.307%$3.7M$8.9M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.70+0.291%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.60+0.209%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.53+0.151%$843K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h120.71+0.299%$988K$9K10xas long as short
Vest HOOD-USD-PERP+0.0013%1h120.43+0.066%$63K25xas long as short
Lighter HOOD+0.0032%1h120.69+0.283%$2.8M$3.2M10xas long as short
Arcus HOOD-USD+0.0040%1h120.54+0.158%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.66+0.258%$51.1M$28.3M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.64+0.243%$723$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.58+0.191%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0053%1h120.60+0.208%$1.3M$3.0M10xas long as short
Pacifica HOOD+0.0100%1h120.64+0.238%$67K$107K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.64+0.241%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.53+0.150%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.69+0.283%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.68+0.277%$16K10xas long as short
RISEx HOOD/USDC+0.0109%1h120.69+0.279%$422K$1.4M10xas long as short
BloFin HOOD-USDT+0.0120%8h120.64+0.241%$175K$160K20xas long as short
Phoenix HOOD+0.0132%1h120.64+0.241%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.48+0.108%$192K$1.8M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0579%1h120.73+0.316%$6K$55K10xas long as short
edgeX HOODUSDCshort+0.0777%4h120.55+0.169%$363K$305K10x