Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.006%

Price spread now: SoDEX against KuCoin+0.029%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

The price spread pays, funding is against you. SoDEX is 0.029% dearer against KuCoin than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HOODUSDTM	122.52	0.0100	pay 0.0100% / 8h	4h 56m	$1.7M	$1.5M	20x
Short	SoDEX HOOD-USD	122.56	0.0050	get 0.0006% / 1h	56m 12s	$727	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. 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 KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$10.5
Price spread: +0.029% → 0.000%: $2.94
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$27.56
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	2.86 bp	47.2 bp −$47	333.6 bp −$3,336	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 exchanges

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
Aster HOODUSDT	0.0000%	8h	122.58	+0.049%	$111K	$285K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	122.51	−0.008%	$3.7M	$7.2M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	122.54	+0.016%	$2.7M	$5.7M	20x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.57	+0.041%	$577K	$6.6M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.61	+0.073%	$5.6M	$9.0M	20x	as long as short
Phemex HOODUSDT	0.0000%	8h	122.57	+0.041%	$1.0M	$7K	10x	as long as short
Injective HOOD/USDC PERP	+0.0033%	1h	121.69	−0.677%	$28K	$96K	30x	as long as short
QFEX HOOD-USD	+0.0046%	1h	122.53	+0.008%	$1.3M	$2.7M	10x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	122.36	−0.131%	—	$64K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	122.46	−0.049%	$253K	$340K	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX HOOD-USDshort	+0.0050%	1h	122.56	+0.029%	$727	$4K	10x
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.46	−0.049%	$1.3M	$1.2M	15x	as long as short
Variational Omni HOOD	+0.0082%	8h	122.60	+0.063%	$2.3M	$870K	—	as long as short
Pacifica HOOD	+0.0100%	1h	122.51	−0.007%	$73K	$115K	10x	as long as short
KuCoin HOODUSDTMlong	+0.0100%	8h	122.52	long leg	$1.7M	$1.5M	20x
ApeX Omni HOODUSDT	+0.0100%	1h	122.31	−0.171%	$5K	$29K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.59	+0.057%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.54	+0.017%	$16K	—	10x	as long as short
Arcus HOOD-USD	+0.0160%	1h	122.53	+0.008%	$1.1M	$1.9M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	122.40	−0.098%	$232K	$1.5M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.57	+0.041%	$28K	$239K	10x	as long as short
Lighter HOOD	+0.0200%	1h	122.58	+0.048%	$2.8M	$2.9M	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0212%	8h	122.63	+0.090%	$862K	$1.7M	10x	as long as short
Extended HOOD_24_5-USD	+0.0224%	1h	122.56	+0.035%	$467K	$2.6M	10x	as long as short
Binance HOODUSDT	+0.0225%	8h	122.59	+0.057%	$21.3M	$87.1M	20x	as long as short
tradeXYZ xyz:HOOD	+0.0291%	1h	122.54	+0.016%	$51.7M	$24.8M	10x	as long as short
BloFin HOOD-USDT	+0.0338%	8h	122.66	+0.114%	$176K	$179K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0566%	1h	122.61	+0.073%	$6K	$31K	10x	as long as short
edgeX HOODUSDC	+0.0729%	4h	122.47	−0.045%	$369K	$301K	10x	as long as short
RISEx HOOD/USDC	+0.0809%	1h	122.66	+0.114%	$457K	$1.4M	10x	as long as short