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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0173%/8h= +18.9% APRpaid last 24h +0.123%
Price spread now: edgeX against Phemex+0.024%7-day average −0.008% · 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 7 days+0.411%+$41 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.024%, 7d avg −0.008%
Together, before fees+0.375%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.032% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HOODUSDT122.850get 0.0000% / 8h16m 50s$1.0M$8K10x
ShortedgeX HOODUSDC122.880.0173get 0.0087% / 4h16m 50s$370K$308K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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
$36.34
Price spread: +0.024% → −0.008%
$3.21
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$18.55
Costs to cover
0.210%
Break-even
3.4 days
Slippage unknown: Phemex: live order book, 1 min ago; edgeX: live order book, 62 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 Phemex live order book, 1 min ago2.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 62 min ago6.09 bp11.3 bp −$1120.5 bp −$205doesn'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
Polymarket Perps HOOD-USD−0.0035%1h122.69−0.130%$269K$332K10xas long as short
Aster HOODUSDT0.0000%8h122.91+0.050%$109K$263K20xas long as short
Bybit HOODUSDT0.0000%8h122.89+0.033%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.87+0.016%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.87+0.014%$383K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.87+0.016%$567K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.89+0.033%$5.5M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h122.84−0.009%$2.4M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.88+0.024%$861K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.83−0.016%$8K$70K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDTlong0.0000%8h122.85long leg$1.0M$8K10x
Injective HOOD/USDC PERP+0.0008%1h122.89+0.033%$63K$50K30xas long as short
Extended HOOD_24_5-USD+0.0008%1h122.83−0.019%$411K$1.1M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0008%1h122.84−0.008%$199K$1.9M10xas long as short
Binance HOODUSDT+0.0008%8h122.850.000%$22.0M$88.7M20xas long as short
QFEX HOOD-USD+0.0027%1h122.82−0.024%$1.3M$4.3M10xas long as short
Lighter HOOD+0.0032%1h122.84−0.004%$2.9M$2.2M10xas long as short
BloFin HOOD-USDT+0.0034%8h122.83−0.016%$183K$125K20xas long as short
Arcus HOOD-USD+0.0040%1h122.76−0.073%$1.1M$1.7M10xas long as short
Vest HOOD-USD-PERP+0.0043%1h122.73−0.098%$63K25xas long as short
tradeXYZ xyz:HOOD+0.0050%1h122.850.000%$52.7M$29.7M10xas long as short
SoDEX HOOD-USD+0.0050%1h122.83−0.016%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.86+0.008%$1.2M$1.7M15xas long as short
Pacifica HOOD+0.0100%1h122.83−0.019%$71K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.89+0.033%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.86+0.008%$5K$132K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.87+0.016%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.81−0.034%$16K10xas long as short
edgeX HOODUSDCshort+0.0173%4h122.88+0.024%$370K$308K10x
Phoenix HOOD+0.0196%1h122.84−0.008%$28K$239K10xas long as short