Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.010%

Price spread now: GRVT against Vest+0.125%63s7-day average — · you sell dearer than you buy

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

Long on Vest Short on GRVT

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 airdropVest: Active · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.125% dearer against Vest than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days. The two prices were read 63 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	Vest HOOD-USD-PERP	120.45	0.0016	pay 0.0002% / 1h	28m 23s	—	$63K	25x
Short	GRVT HOOD_USDT_Perp	120.60	0	get 0.0000% / 8h	1h 28m	$852K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Vest. 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 VestbpFee GRVTbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$3.28
Price spread: +0.125% → 0.000%: $12.45
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$1.82
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; GRVT: live order book, 5 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell GRVT live order book, 5 min ago	0.41 bp	10.9 bp −$11	27.7 bp −$277	doesn't fit	doesn't fit

Vest: 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	−0.091%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0181%	8h	120.68	+0.191%	$599K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0175%	8h	120.73	+0.232%	$5.4M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.66	+0.176%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.62	+0.140%	$356K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.64	+0.158%	$20.8M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.63	+0.149%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.67	+0.183%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.60	+0.124%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perpshort	0.0000%	8h	120.60	+0.125%	$852K	$2.0M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	120.66	+0.174%	$987K	$9K	10x	as long as short
Vest HOOD-USD-PERPlong	+0.0016%	1h	120.45	long leg	—	$63K	25x
Arcus HOOD-USD	+0.0040%	1h	120.54	+0.075%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.45	0.000%	$250K	$344K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.64	+0.154%	$720	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.52	+0.058%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	120.62	+0.141%	$1.3M	$2.9M	10x	as long as short
Lighter HOOD	+0.0080%	1h	120.65	+0.166%	$2.8M	$3.2M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0084%	1h	120.60	+0.125%	$51.3M	$27.8M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.64	+0.158%	$67K	$106K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.67	+0.183%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.54	+0.075%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.61	+0.133%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.63	+0.149%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.66	+0.174%	$174K	$160K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.60	+0.125%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.62	+0.141%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0247%	1h	120.67	+0.183%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.70	+0.208%	$373K	$1.4M	10x	as long as short
edgeX HOODUSDC	+0.0390%	4h	120.58	+0.111%	$363K	$305K	10x	as long as short