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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h 0.000%
Price spread now: KuCoin against Lighter+0.054%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.290%−$29 on $10k
Price spread, last 7 days−0.129%−$13 · spread now +0.054%, 7d avg +0.007%
Together, before fees−0.419%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.047% dearer against Lighter than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.007%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter HOOD121.240.0184pay 0.0023% / 1h44m 05s$2.8M$3.1M10x
ShortKuCoin HOODUSDTM121.310.0100get 0.0100% / 8h3h 44m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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
−$17.64
Price spread: +0.054% → +0.007%
$4.74
Slippage, 4 orders
−$85.19
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$110.08
Costs to cover
0.972%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; KuCoin: live order book, 1 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 Lighter live order book, 3 min ago1.73 bp3.8 bp −$48.5 bp −$85doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago2.47 bp36.0 bp −$36doesn'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
Injective HOOD/USDC PERP−0.0440%1h121.21−0.028%$58K$57K30xas long as short
Gate HOOD_USDT−0.0096%8h121.29+0.038%$574K$7.7M50xas long as short
Aster HOODUSDT0.0000%8h121.31+0.056%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.23−0.014%$357K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.25+0.005%$20.8M$91.1M20xas long as short
Bybit HOODUSDT0.0000%8h121.27+0.021%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.28+0.030%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.25+0.009%$389K$1.4M10xas long as short
Bitget HOODUSDT0.0000%8h121.34+0.079%$5.4M$9.7M20xas long as short
Variational Omni HOOD0.0000%8h121.32+0.066%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.19−0.049%$858K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.26+0.013%$992K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h121.09−0.127%$63K25xas long as short
QFEX HOOD-USD+0.0022%1h121.25+0.005%$1.3M$3.4M10xas long as short
Arcus HOOD-USD+0.0040%1h121.25+0.005%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.18−0.053%$51.5M$28.3M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h121.09−0.127%$251K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h121.22−0.021%$730$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.16−0.069%$1.2M$1.5M15xas long as short
edgeX HOODUSDC+0.0073%4h121.33+0.071%$365K$305K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0080%1h121.23−0.012%$6K$57K10xas long as short
Pacifica HOOD+0.0100%1h121.26+0.012%$68K$109K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.31+0.054%$1.3M$1.2M20x
ApeX Omni HOODUSDT+0.0100%1h121.24−0.003%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.23−0.012%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.22−0.021%$16K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0120%1h121.10−0.119%$193K$1.9M10xas long as short
BloFin HOOD-USDT+0.0120%8h121.34+0.079%$174K$160K20xas long as short
Phoenix HOOD+0.0132%1h121.34+0.079%$27K$238K10xas long as short
Lighter HOODlong+0.0184%1h121.24long leg$2.8M$3.1M10x