Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

HOOD

RWAAll HOOD markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PacificaHOOD
113.91+0.0100pay 0.0013% / 1h22m 29s$94K$127K10xLong Pacifica10% back
SHORT
BingXNCSKHOOD2USD-USDT
113.84+0.0243get 0.0243% / 8h2h 22m$978K$7.8M—Short BingX
Price gap−0.060%
Funding gap+0.0143% /8h

Funding pays +$4 a day on $10k, but the gap is 0.116% under its 7d average: −$12 if it goes back, about 2.7 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$1+0.0143% /8h now · paid −0.007% over the last 7D
Price−$12spread −0.060% now, avg +0.057% → −0.116% if it goes back
Costs−$390.392% of $10k · taker + slippage, in and out
Result−$51−0.51%+ Points / potential airdropPacifica: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.060%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HOOD on 33 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Large against open interest10.1 / 8.5 bp
    $10k is over 10% of Pacifica’s open interest.
  • Note: Margin at max leverage$1,000 + —
    Pacifica 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$4.30Long Pacifica: 24 payments, −$3.00; short BingX: 3 payments, +$7.30.
  • Watch: Gap narrower than usual−0.060% vs +0.057%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$94K vs $978K OI
    Pacifica sets your exit cost. Check its book before closing.
  • OK: Points on a legPacifica points
    Volume here counts toward the points program.
  • Watch: KYCPacifica No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0003%/8h × 21 periods−$0.69
Price spread−0.060% → +0.057% (7d avg)−$11.62
Slippage, 4 orderslive order books−$21.15
Fee Pacifica bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$51.46
Costs to cover0.392%Break-evennever at this rate
Slippage: Pacifica: live order book, 41 min ago; BingX: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPacifica2.5310.1 bp−$10doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.418.5 bp−$824.6 bp−$24677.2 bp−$7,716482.7 bp−$241.3K

Closing costs about the same again.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 16:05AevoContestbitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market HOOD/USD ($HOOD) seen by our collector
09-19 00:09SoDEXOtherRobinhood (HOOD) shares are up 9.12% today. The company has grown beyond its commission-free trading roots, expanding across options, crypto, retirement products, and subscription services while building a broader retail investing ecosystem. Explore our latest research on Robinhood, its growth strategy, and what could drive the company next: @sodex_official on X ↗
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗
09-17 09:45RISExOther→ $ARB: → $HOOD: @risextrade on X ↗