Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: Aevo against Orderly−0.006%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_HOOD_USDC_mythos	121.57	0.0100	pay 0.0100% / 8h	4h 20m	$2K	$2K	10x
Short	Aevo HOOD-PERP	121.56	0.0104	get 0.0013% / 1h	20m 19s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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 OrderlybpFee AevobpOrdersPrice spread, now −0.006%Rate

Funding earned: $0.84
Price spread: −0.006% → 0.000%: −$0.6
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$21.76
Costs to cover: 0.220%
Break-even: 188.3 days

Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Orderly and Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	−0.0440%	1h	121.05	−0.428%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0111%	1h	121.42	−0.123%	$252K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0056%	8h	121.63	+0.049%	$576K	$7.8M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.60	+0.027%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.57	+0.003%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.60	+0.021%	$20.9M	$90.8M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.59	+0.016%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.59	+0.016%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.61	+0.032%	$398K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.62	+0.041%	$5.4M	$9.6M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.56	−0.006%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.60	+0.026%	$858K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.58	+0.008%	$995K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	121.50	−0.058%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.61	+0.033%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.58	+0.007%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.48	−0.074%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.57	0.000%	$51.8M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.56	−0.007%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.53	−0.033%	$1.2M	$1.5M	15x	as long as short
edgeX HOODUSDC	+0.0094%	4h	121.55	−0.015%	$366K	$304K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.387%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.59	+0.021%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.60	+0.025%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.43	−0.115%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythoslong	+0.0100%	8h	121.57	long leg	$2K	$2K	10x
Aevo HOOD-PERPshort	+0.0104%	1h	121.56	−0.006%	$16K	—	10x
BloFin HOOD-USDT	+0.0120%	8h	121.60	+0.025%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.59	+0.016%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0161%	1h	121.57	0.000%	$6K	$56K	10x	as long as short