Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0492%/8h= +53.8% APRpaid last 24h +0.056%

Price spread now: edgeX against RISEx+0.095%55s7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.294% of the position

Long on RISEx Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.219%−$22 on $10k

Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.095%, 7d avg −0.024%

Together, before fees−0.214%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and edgeX is 0.119% dearer against RISEx than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 3 days funding on this pair cost −0.219%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx HOOD/USDC	122.95	0	get 0.0000% / 1h	24m 27s	$379K	$1.4M	10x
Short	edgeX HOODUSDC	123.07	0.0492	get 0.0246% / 4h	3h 24m	$370K	$307K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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

Position, each leg$Hold fordaysFee RISExbpFee edgeXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $103.24
Price spread: +0.095% → −0.024%: $11.94
Slippage, 4 orders: −$14.36
Fee RISEx: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $85.82
Costs to cover: 0.294%
Break-even: 1.2 days

Slippage from RISEx: live order book, 4 min ago; edgeX: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 4 min ago	0.81 bp	3.8 bp −$4	4.8 bp −$48	doesn't fit	doesn't fit
Sell edgeX live order book, 49 min ago	5.70 bp	10.7 bp −$11	19.4 bp −$194	doesn't fit	doesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HOODUSDT	0.0000%	8h	122.86	−0.069%	$108K	$268K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	122.94	−0.006%	$364K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	122.94	−0.008%	$21.9M	$89.4M	20x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.00	+0.041%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDClong	0.0000%	1h	122.95	long leg	$379K	$1.4M	10x
Gate HOOD_USDT	0.0000%	8h	122.92	−0.024%	$576K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.95	0.000%	$5.5M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	123.01	+0.049%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	123.10	+0.122%	$864K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.04	+0.073%	$1.0M	$8K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit HOODUSDT	+0.0006%	8h	122.95	0.000%	$3.9M	$8.7M	25x	as long as short
QFEX HOOD-USD	+0.0014%	1h	122.99	+0.033%	$1.3M	$4.1M	10x	as long as short
Vest HOOD-USD-PERP	+0.0040%	1h	122.88	−0.057%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	123.00	+0.041%	$1.1M	$1.8M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	122.81	−0.114%	$260K	$340K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	123.06	+0.085%	$741	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.89	−0.049%	$1.2M	$1.6M	15x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0075%	1h	123.04	+0.073%	$8K	$69K	10x	as long as short
Lighter HOOD	+0.0080%	1h	122.98	+0.028%	$2.9M	$2.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	122.34	−0.496%	$202K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.01	+0.046%	$71K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.02	+0.057%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.95	0.000%	$5K	$107K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.93	−0.016%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.92	−0.022%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	123.11	+0.130%	$181K	$116K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0155%	1h	122.92	−0.024%	$52.8M	$27.7M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	123.09	+0.114%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0213%	1h	122.88	−0.057%	$63K	$49K	30x	as long as short
edgeX HOODUSDCshort	+0.0492%	4h	123.07	+0.095%	$370K	$307K	10x