Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.012%

Price spread now: Aevo against Binance−0.099%7-day average — · you buy dearer than you sell

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

Long on Binance 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—needs both histories

Funding pays, the price is against you. Aevo is 0.099% cheaper against Binance than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HOODUSDT	120.91	0	get 0.0000% / 8h	48m 03s	$20.8M	$92.0M	20x
Short	Aevo HOOD-PERP	120.79	0.0104	get 0.0013% / 1h	48m 03s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.099%Rate

Funding earned: $21.84
Price spread: −0.099% → 0.000%: −$9.85
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$14.01
Costs to cover: 0.260%
Break-even: 11.5 days

Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago	0.83 bp	8.3 bp −$8	16.8 bp −$168	64.9 bp −$6,487	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	120.38	−0.438%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0175%	8h	120.86	−0.041%	$601K	$7.6M	50x	as long as short
Bitget HOODUSDT	−0.0101%	8h	120.85	−0.050%	$5.5M	$9.9M	20x	as long as short
Polymarket Perps HOOD-USD	−0.0007%	1h	120.62	−0.240%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.85	−0.049%	$106K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.81	−0.087%	$356K	$2.2M	10x	as long as short
Binance HOODUSDTlong	0.0000%	8h	120.91	long leg	$20.8M	$92.0M	20x
Bybit HOODUSDT	0.0000%	8h	120.80	−0.091%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.83	−0.066%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.66	−0.206%	$2.2M	$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	120.67	−0.198%	$852K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.83	−0.066%	$989K	$8K	10x	as long as short
edgeX HOODUSDC	+0.0006%	4h	120.70	−0.173%	$363K	$304K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	120.58	−0.273%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.64	−0.223%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.81	−0.083%	$1.3M	$2.9M	10x	as long as short
Lighter HOOD	+0.0048%	1h	120.77	−0.114%	$2.8M	$3.2M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.73	−0.149%	$51.2M	$27.0M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.81	−0.079%	$724	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.55	−0.298%	$1.2M	$1.4M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	120.79	−0.097%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.71	−0.165%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.58	−0.273%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.75	−0.132%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	120.79	−0.099%	$16K	—	10x
BloFin HOOD-USDT	+0.0120%	8h	120.70	−0.174%	$174K	$166K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.67	−0.198%	$197K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0265%	1h	120.65	−0.215%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.84	−0.062%	$397K	$1.4M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0744%	1h	120.81	−0.083%	$6K	$52K	10x	as long as short