Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.020%

Price spread now: Aevo against Variational Omni−0.030%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Aevo is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HOOD	120.60	0	get 0.0000% / 8h	1h 31m	$2.3M	$1.0M	—
Short	Aevo HOOD-PERP	120.57	0.0104	get 0.0013% / 1h	31m 04s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.030%Rate

Funding earned: $21.84
Price spread: −0.030% → 0.000%: −$2.99
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.85
Costs to cover: 0.160%
Break-even: 6.1 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aevo: 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 Variational Omni RFQ quote, 3 min ago	3.23 bp	doesn't fit	27.0 bp −$270	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0392%	1h	120.34	−0.219%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0181%	8h	120.62	+0.013%	$599K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0167%	8h	120.67	+0.055%	$5.4M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.62	+0.012%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.57	−0.026%	$356K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.62	+0.015%	$20.8M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.57	−0.028%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.59	−0.012%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOODlong	0.0000%	8h	120.60	long leg	$2.3M	$1.0M	—
GRVT HOOD_USDT_Perp	0.0000%	8h	120.64	+0.030%	$852K	$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	120.60	−0.003%	$987K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0015%	1h	120.40	−0.169%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.51	−0.078%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.40	−0.169%	$250K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.59	−0.012%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.50	−0.086%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	120.58	−0.020%	$1.3M	$2.9M	10x	as long as short
Lighter HOOD	+0.0088%	1h	120.60	−0.005%	$2.8M	$3.2M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0089%	1h	120.54	−0.053%	$51.2M	$27.8M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.56	−0.040%	$67K	$106K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.66	+0.047%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.54	−0.053%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.59	−0.012%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	120.57	−0.030%	$16K	—	10x
BloFin HOOD-USDT	+0.0120%	8h	120.63	+0.022%	$174K	$159K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.60	−0.003%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.62	+0.013%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0331%	1h	120.58	−0.020%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.65	+0.038%	$373K	$1.4M	10x	as long as short
edgeX HOODUSDC	+0.0985%	4h	120.62	+0.014%	$363K	$305K	10x	as long as short