Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Binance against Aster−0.001%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1231.234% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 2 days (all we have)+0.064%+$6 · spread now −0.001%, 7d avg +0.040%

Together, before fees+0.234%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HOODUSDT	121.33	0	get 0.0000% / 8h	6h 39m	$106K	$273K	20x
Short	Binance HOODUSDT	121.32	0	get 0.0000% / 8h	6h 39m	$21.1M	$90.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → +0.040%: −$4.09
Slippage, 4 orders: −$105.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$127.53
Costs to cover: 1.234%
Break-even: never at this rate

Slippage from Aster: live order book, 27 min ago; Binance: live order book, 3 min ago.

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, 27 min ago	3.26 bp	55.0 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.41 bp	8.1 bp −$8	25.4 bp −$254	83.8 bp −$8,381	doesn't fit

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
Polymarket Perps HOOD-USD	−0.0124%	1h	121.03	−0.244%	$251K	$344K	10x	as long as short
Aster HOODUSDTlong	0.0000%	8h	121.33	long leg	$106K	$273K	20x
Extended HOOD_24_5-USD	0.0000%	1h	121.28	−0.037%	$358K	$1.4M	10x	as long as short
Binance HOODUSDTshort	0.0000%	8h	121.32	−0.001%	$21.1M	$90.9M	20x
Bybit HOODUSDT	0.0000%	8h	121.32	−0.005%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.31	−0.013%	$2.8M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.29	−0.033%	$372K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.34	+0.012%	$565K	$7.6M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.37	+0.037%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.58	+0.211%	$2.3M	$1.1M	—	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	121.80	+0.394%	$852K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.23	−0.079%	$7K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.30	−0.021%	$992K	$8K	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.35	+0.021%	$2.9M	$3.0M	10x	as long as short
QFEX HOOD-USD	+0.0034%	1h	121.30	−0.021%	$1.3M	$4.0M	10x	as long as short
Vest HOOD-USD-PERP	+0.0035%	1h	121.16	−0.137%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.62	+0.243%	$1.1M	$1.8M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.37	+0.038%	$731	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.51	+0.152%	$1.2M	$1.6M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0064%	1h	121.42	+0.078%	$196K	$1.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0071%	1h	121.33	+0.004%	$52.3M	$28.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.42	+0.074%	$68K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.37	+0.037%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.74	+0.342%	$5K	$92K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.24	−0.071%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.23	−0.075%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.00	+0.556%	$182K	$162K	20x	as long as short
Injective HOOD/USDC PERP	+0.0186%	1h	121.38	+0.045%	$58K	$57K	30x	as long as short
Phoenix HOOD	+0.0261%	1h	121.74	+0.342%	$28K	$237K	10x	as long as short
edgeX HOODUSDC	+0.0823%	4h	121.84	+0.422%	$367K	$303K	10x	as long as short