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+0.0020%/8h= +2.2% APRpaid last 24h +0.026%
Price spread now: BloFin against Pacifica+0.158%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$370.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.158%, 7d avg +0.042%
Together, before fees+0.101%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.117% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HOOD120.970.0100pay 0.0013% / 1h56m 27s$67K$105K10x
ShortBloFin HOOD-USDT121.160.0120get 0.0120% / 8h1h 56m$174K$158K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
$4.2
Price spread: +0.158% → +0.042%
$11.66
Slippage, 4 orders
−$17.16
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.29
Costs to cover
0.372%
Break-even
42.5 days
Slippage from Pacifica: live order book, 51 min ago; BloFin: live order book, 19 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 Pacifica live order book, 51 min ago2.77 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 19 min ago0.83 bp7.5 bp −$78.2 bp −$8236.5 bp −$3,647doesn'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−0.0392%1h120.80−0.139%$58K$57K30xas long as short
Gate HOOD_USDT−0.0167%8h121.09+0.101%$601K$7.7M50xas long as short
Bitget HOODUSDT−0.0080%8h121.06+0.076%$5.5M$10.0M20xas long as short
Aster HOODUSDT0.0000%8h121.00+0.022%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.96−0.008%$357K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.97−0.001%$20.8M$92.3M20xas long as short
Bybit HOODUSDT0.0000%8h120.97+0.001%$3.7M$8.9M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.99+0.018%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h121.15+0.152%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h121.21+0.200%$848K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h121.14+0.142%$991K$9K10xas long as short
Vest HOOD-USD-PERP+0.0013%1h120.80−0.139%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h121.03+0.051%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.80−0.139%$251K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h121.06+0.075%$723$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.05+0.067%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.95−0.015%$1.3M$3.0M10xas long as short
Lighter HOOD+0.0096%1h121.04+0.058%$2.8M$3.2M10xas long as short
Pacifica HOODlong+0.0100%1h120.97long leg$67K$105K10x
KuCoin HOODUSDTM+0.0100%8h121.12+0.125%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.06+0.076%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.08+0.092%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.08+0.091%$16K10xas long as short
BloFin HOOD-USDTshort+0.0120%8h121.16+0.158%$174K$158K20x
Phoenix HOOD+0.0132%1h121.21+0.200%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.34−0.519%$192K$1.8M10xas long as short
tradeXYZ xyz:HOOD+0.0249%1h120.95−0.015%$51.4M$28.1M10xas long as short
edgeX HOODUSDC+0.0252%4h121.09+0.098%$364K$305K10xas long as short
RISEx HOOD/USDC+0.0365%1h121.05+0.063%$373K$1.5M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0494%1h121.10+0.109%$6K$53K10xas long as short