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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against Arcus−0.278%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.278%, 7d avg −0.100%
Together, before fees+0.191%+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.178% cheaper against Arcus than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus HOOD-USD122.150.0252pay 0.0032% / 1h44m 19s$1.1M$1.9M10x
ShortCoinbase International HOOD-PERP-INTX121.810.0224get 0.0028% / 1h44m 19s$229K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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
−$5.89
Price spread: −0.278% → −0.100%
−$17.81
Slippage, 4 orders
−$16.45
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$54.64
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Arcus: live order book, 3 min ago; Coinbase International: live order book, 2 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 Arcus live order book, 3 min ago0.41 bp5.3 bp −$55.9 bp −$59doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago2.86 bp9.0 bp −$916.4 bp −$164doesn't fitdoesn't fit

HOOD on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HOODUSDT0.0000%8h122.19+0.033%$110K$285K20xas long as short
Bybit HOODUSDT0.0000%8h122.21+0.049%$3.7M$7.3M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.17+0.016%$2.7M$5.9M20xas long as short
Gate HOOD_USDT0.0000%8h122.19+0.033%$582K$6.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.19+0.033%$5.6M$9.1M20xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.09−0.049%$6K$41K10xas long as short
Phemex HOODUSDT0.0000%8h122.22+0.057%$1.0M$7K10xas long as short
Injective HOOD/USDC PERP+0.0009%1h121.69−0.377%$28K$96K30xas long as short
Vest HOOD-USD-PERP+0.0046%1h122.00−0.123%$64K25xas long as short
tradeXYZ xyz:HOOD+0.0050%1h122.17+0.016%$51.5M$25.4M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps HOOD-USD+0.0050%1h122.07−0.065%$253K$339K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.16+0.008%$730$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.04−0.090%$1.3M$1.2M15xas long as short
QFEX HOOD-USD+0.0070%1h122.17+0.016%$1.3M$2.7M10xas long as short
Lighter HOOD+0.0072%1h122.20+0.044%$2.9M$2.9M10xas long as short
Pacifica HOOD+0.0100%1h122.18+0.028%$73K$116K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.29+0.115%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.24+0.074%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.19+0.033%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.18+0.022%$16K10xas long as short
Variational Omni HOOD+0.0112%8h122.18+0.024%$2.3M$875Kas long as short
Phoenix HOOD+0.0196%1h122.39+0.196%$28K$239K10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0224%1h121.81−0.278%$229K$1.6M10x
Extended HOOD_24_5-USD+0.0232%1h122.15−0.002%$469K$2.6M10xas long as short
Binance HOODUSDT+0.0235%8h122.21+0.049%$21.3M$87.1M20xas long as short
Arcus HOOD-USDlong+0.0252%1h122.15long leg$1.1M$1.9M10x
BloFin HOOD-USDT+0.0360%8h122.20+0.041%$175K$179K20xas long as short
edgeX HOODUSDC+0.0412%4h122.28+0.109%$368K$303K10xas long as short
GRVT HOOD_USDT_Perp+0.0481%8h122.33+0.144%$859K$1.7M10xas long as short
RISEx HOOD/USDC+0.0862%1h122.27+0.094%$454K$1.3M10xas long as short