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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against tradeXYZ+0.028%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 7 days+0.059%+$6 · spread now +0.028%, 7d avg +0.045%
Together, before fees+0.251%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.192%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:HOOD121.560.0050pay 0.0006% / 1h7m 45s$51.7M$28.3M10x
ShortLighter HOOD121.590.0032get 0.0004% / 1h7m 45s$2.8M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
−$3.78
Price spread: +0.028% → +0.045%
−$1.73
Slippage, 4 orders
−$6.28
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$29.79
Costs to cover
0.243%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Lighter: live order book, 5 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 tradeXYZ live order book, 10 min ago0.82 bp10.9 bp −$1113.3 bp −$133doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.82 bp1.0 bp −$13.6 bp −$36218.8 bp −$21.9Kdoesn'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−0.0440%1h121.28−0.230%$58K$57K30xas long as short
Polymarket Perps HOOD-USD−0.0106%1h121.42−0.115%$252K$344K10xas long as short
Gate HOOD_USDT−0.0070%8h121.67+0.090%$577K$7.8M50xas long as short
Aster HOODUSDT0.0000%8h121.59+0.027%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.560.000%$361K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.57+0.007%$20.9M$90.9M20xas long as short
Bybit HOODUSDT0.0000%8h121.55−0.008%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.58+0.016%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.61+0.044%$397K$1.4M10xas long as short
Bitget HOODUSDT0.0000%8h121.60+0.033%$5.4M$9.6M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni HOOD0.0000%8h121.52−0.035%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h121.52−0.033%$857K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.58+0.016%$6K$56K10xas long as short
Phemex HOODUSDT0.0000%8h121.58+0.016%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h121.46−0.082%$63K25xas long as short
QFEX HOOD-USD+0.0029%1h121.62+0.049%$1.3M$3.6M10xas long as short
Lighter HOODshort+0.0032%1h121.59+0.028%$2.8M$3.1M10x
Arcus HOOD-USD+0.0040%1h121.48−0.066%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOODlong+0.0050%1h121.56long leg$51.7M$28.3M10x
SoDEX HOOD-USD+0.0050%1h121.57+0.011%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.48−0.066%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h121.10−0.378%$193K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.57+0.009%$68K$107K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.60+0.033%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.43−0.107%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.60+0.033%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.58+0.017%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.60+0.033%$175K$161K20xas long as short
Phoenix HOOD+0.0132%1h121.48−0.066%$28K$238K10xas long as short
edgeX HOODUSDC+0.0257%4h121.51−0.038%$366K$304K10xas long as short