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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.016%
Price spread now: KuCoin against QFEX+0.041%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1471.475% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.032%−$3 on $10k
Price spread, last 7 days−0.025%−$2 · spread now +0.041%, 7d avg +0.021%
Together, before fees−0.057%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.020% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HOOD-USD121.680.0024pay 0.0003% / 1h2m 02s$1.3M$3.7M10x
ShortKuCoin HOODUSDTM121.730.0100get 0.0100% / 8h5h 02m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against QFEX. 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
$15.91
Price spread: +0.041% → +0.021%
$2.04
Slippage, 4 orders
−$125.49
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$129.55
Costs to cover
1.475%
Break-even
64.0 days
Slippage from QFEX: live order book, 6 min ago; KuCoin: live order book, 3 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 QFEX live order book, 6 min ago2.05 bp7.1 bp −$710.2 bp −$102doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago3.29 bp38.9 bp −$39doesn't fitdoesn'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−0.0107%1h121.48−0.164%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.69+0.005%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.69+0.005%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.69+0.008%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.67−0.008%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.680.000%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.69+0.007%$399K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.73+0.041%$579K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h121.71+0.025%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.63−0.040%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.65−0.022%$852K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.680.000%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0024%1h121.55−0.107%$62K25xas long as short
QFEX HOOD-USDlong+0.0024%1h121.68long leg$1.3M$3.7M10x
Arcus HOOD-USD+0.0040%1h121.63−0.041%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.63−0.041%$51.9M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.65−0.022%$733$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.50−0.148%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54−0.115%$194K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.67−0.012%$68K$105K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.73+0.041%$1.3M$1.2M20x
ApeX Omni HOODUSDT+0.0100%1h121.64−0.033%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.67−0.008%$2K$2K10xas long as short
Lighter HOOD+0.0104%1h121.69+0.004%$2.8M$3.1M10xas long as short
Aevo HOOD-PERP+0.0104%1h121.65−0.023%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.70+0.016%$175K$162K20xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0161%1h121.69+0.008%$7K$68K10xas long as short
Phoenix HOOD+0.0197%1h121.73+0.041%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.36−0.263%$58K$57K30xas long as short
edgeX HOODUSDC+0.0553%4h121.63−0.040%$366K$305K10xas long as short