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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.014%
Price spread now: QFEX against Phemex−0.057%7-day average −0.017% · you buy dearer than you sell
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 3 days (all we have)+0.019%+$2 on $10k
Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.057%, 7d avg −0.017%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.040% cheaper against Phemex than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.017%). If the spread goes back, that is −$4 on $10k: about 9.3 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HOODUSDT122.520get 0.0000% / 8h7h 51m$1.0M$8K10x
ShortQFEX HOOD-USD122.450.0014get 0.0002% / 1h51m 01s$1.3M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$3.01
Price spread: −0.057% → −0.017%
−$3.99
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$22.98
Costs to cover
0.220%
Break-even
60.5 days
Slippage unknown: Phemex: live order book, 2 min ago; QFEX: live order book, 12 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, 2 min ago1.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 12 min ago1.63 bp6.6 bp −$77.9 bp −$7916.8 bp −$1,677doesn'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
Aster HOODUSDT0.0000%8h122.51−0.005%$107K$267K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.46−0.046%$362K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h122.49−0.027%$21.9M$89.3M20xas long as short
Bybit HOODUSDT0.0000%8h122.50−0.016%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.48−0.033%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.50−0.020%$382K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.49−0.024%$560K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.56+0.033%$5.6M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.48−0.032%$2.4M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.78+0.212%$863K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDTlong0.0000%8h122.52long leg$1.0M$8K10x
QFEX HOOD-USDshort+0.0014%1h122.45−0.057%$1.3M$4.3M10x
Arcus HOOD-USD+0.0040%1h122.56+0.033%$1.1M$1.7M10xas long as short
Vest HOOD-USD-PERP+0.0044%1h122.32−0.163%$63K25xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.37−0.122%$264K$335K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.48−0.033%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.32−0.163%$1.2M$1.6M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h122.50−0.016%$202K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.43−0.071%$71K$114K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.53+0.008%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.60+0.065%$5K$118K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.50−0.016%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.46−0.050%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.53+0.008%$183K$124K20xas long as short
Lighter HOOD+0.0168%1h122.49−0.028%$2.9M$2.1M10xas long as short
Phoenix HOOD+0.0196%1h122.61+0.073%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.81+0.237%$63K$49K30xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0322%1h122.47−0.041%$8K$69K10xas long as short
edgeX HOODUSDC+0.0358%4h122.80+0.229%$370K$308K10xas long as short
tradeXYZ xyz:HOOD+0.0422%1h122.43−0.073%$52.5M$28.0M10xas long as short