Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%

Price spread now: SoDEX against tradeXYZ+0.065%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.065% dearer against tradeXYZ than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	tradeXYZ xyz:HOOD	121.30	0.0050	pay 0.0006% / 1h	7m 28s	$51.5M	$28.1M	10x
Short	SoDEX HOOD-USD	121.38	0.0050	get 0.0006% / 1h	7m 28s	$725	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee SoDEXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → 0.000%: $6.51
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$19.49
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 12 min ago; SoDEX: no order-book sample. Net counts fees only.

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 tradeXYZ live order book, 12 min ago	0.41 bp	10.9 bp −$11	14.9 bp −$149	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective HOOD/USDC PERP	−0.0440%	1h	120.56	−0.610%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0166%	8h	121.42	+0.099%	$605K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0164%	8h	121.45	+0.124%	$5.5M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.23	−0.061%	$106K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.37	+0.058%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.40	+0.082%	$20.8M	$92.2M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.38	+0.066%	$3.7M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.41	+0.091%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.31	+0.007%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.30	0.000%	$859K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	121.38	+0.066%	$993K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0011%	1h	121.14	−0.132%	—	$63K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0018%	1h	121.19	−0.091%	$251K	$344K	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.19	−0.091%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOODlong	+0.0050%	1h	121.30	long leg	$51.5M	$28.1M	10x
SoDEX HOOD-USDshort	+0.0050%	1h	121.38	+0.065%	$725	$4K	10x
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.25	−0.041%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0053%	1h	121.38	+0.066%	$1.3M	$3.0M	10x	as long as short
Lighter HOOD	+0.0056%	1h	121.30	−0.001%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.37	+0.059%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.25	−0.041%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.13	−0.140%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.35	+0.041%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.34	+0.030%	$16K	—	10x	as long as short
RISEx HOOD/USDC	+0.0109%	1h	121.40	+0.084%	$379K	$1.5M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.39	+0.074%	$173K	$159K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.27	−0.025%	$28K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0153%	4h	121.20	−0.080%	$365K	$303K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.34	−0.791%	$192K	$1.8M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0988%	1h	121.32	+0.016%	$6K	$54K	10x	as long as short