Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Aster−0.054%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.054% cheaper against Aster than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 41 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	Aster HOODUSDT	120.52	0	get 0.0000% / 8h	2h 26m	$105K	$281K	20x
Short	Aevo HOOD-PERP	120.46	0.0104	get 0.0013% / 1h	26m 05s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.054%Rate

Funding earned: $21.84
Price spread: −0.054% → 0.000%: −$5.36
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.52
Costs to cover: 0.240%
Break-even: 9.4 days

Slippage unknown: Aster: live order book, 21 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 Aster live order book, 21 min ago	7.03 bp	54.5 bp −$54	doesn't fit	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	−0.0440%	1h	120.35	−0.143%	$57K	$57K	30x	as long as short
Bitget HOODUSDT	−0.0271%	8h	120.57	+0.039%	$5.4M	$9.8M	20x	as long as short
Gate HOOD_USDT	−0.0171%	8h	120.55	+0.023%	$597K	$7.6M	50x	as long as short
Polymarket Perps HOOD-USD	−0.0051%	1h	120.29	−0.193%	$250K	$344K	10x	as long as short
Aster HOODUSDTlong	0.0000%	8h	120.52	long leg	$105K	$281K	20x
Extended HOOD_24_5-USD	0.0000%	1h	120.47	−0.047%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.50	−0.019%	$20.6M	$91.6M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.49	−0.027%	$3.7M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.49	−0.027%	$2.7M	$6.1M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.49	−0.027%	$2.3M	$1.0M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	120.65	+0.104%	$844K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.49	−0.027%	$986K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0012%	1h	120.30	−0.185%	—	$63K	25x	as long as short
Lighter HOOD	+0.0032%	1h	120.46	−0.055%	$2.8M	$3.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.49	−0.027%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.50	−0.019%	$51.1M	$28.4M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.47	−0.041%	$719	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.53	+0.006%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0053%	1h	120.48	−0.035%	$1.3M	$3.0M	10x	as long as short
edgeX HOODUSDC	+0.0075%	4h	120.67	+0.123%	$363K	$306K	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.49	−0.027%	$67K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.52	−0.002%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.56	+0.031%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.49	−0.027%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	120.46	−0.054%	$16K	—	10x
RISEx HOOD/USDC	+0.0109%	1h	120.52	+0.002%	$421K	$1.4M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.58	+0.048%	$174K	$157K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	120.59	+0.056%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0165%	1h	120.46	−0.052%	$6K	$55K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.34	−0.151%	$192K	$1.8M	10x	as long as short