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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Ondo Perps+0.191%7-day average +0.051% · 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 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 7 days+0.064%+$6 · spread now +0.191%, 7d avg +0.051%
Together, before fees+0.041%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.140% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps HOOD-USD.P120.560.0050pay 0.0006% / 1h25m 01s$1.2M$1.4M15x
ShortQFEX HOOD-USD120.790.0062get 0.0008% / 1h25m 01s$1.3M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Ondo Perps. 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
$2.5
Price spread: +0.191% → +0.051%
$13.98
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
$1.48
Costs to cover
0.150%
Break-even
2.9 days
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 8 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 Ondo Perps no order-book sample
Sell QFEX live order book, 8 min ago1.66 bp7.0 bp −$79.6 bp −$96doesn't fitdoesn't fit
Ondo Perps: 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 PERP−0.0392%1h120.34−0.182%$57K$57K30xas long as short
Gate HOOD_USDT−0.0178%8h120.89+0.274%$600K$7.7M50xas long as short
Bitget HOODUSDT−0.0173%8h120.91+0.290%$5.4M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.83+0.220%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.84+0.229%$356K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.86+0.253%$20.8M$92.4M20xas long as short
Bybit HOODUSDT0.0000%8h120.84+0.232%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.86+0.249%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.83+0.227%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.71+0.124%$845K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.84+0.232%$989K$9K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h120.62+0.050%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.63+0.058%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.70+0.116%$251K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.85+0.238%$722$4K10xas long as short
Ondo Perps HOOD-USD.Plong+0.0050%1h120.56long leg$1.2M$1.4M15x
QFEX HOOD-USDshort+0.0062%1h120.79+0.191%$1.3M$2.9M10x
Lighter HOOD+0.0080%1h120.84+0.236%$2.8M$3.2M10xas long as short
tradeXYZ xyz:HOOD+0.0083%1h120.79+0.191%$51.3M$27.8M10xas long as short
Pacifica HOOD+0.0100%1h120.82+0.218%$67K$106K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.75+0.158%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.63+0.058%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.82+0.216%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.84+0.235%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.90+0.282%$174K$160K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60+0.033%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.61+0.041%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0365%1h120.85+0.242%$395K$1.4M10xas long as short
edgeX HOODUSDC+0.0415%4h120.67+0.093%$363K$303K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0744%1h120.88+0.265%$6K$52K10xas long as short