Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%

Price spread now: ApeX Omni against Binance−0.084%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 ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

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. ApeX Omni is 0.084% cheaper against Binance than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.040% in total) that is about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HOODUSDT	121.53	0	get 0.0000% / 8h	4h 07m	$20.9M	$90.9M	20x
Short	ApeX Omni HOODUSDT	121.43	0.0100	get 0.0013% / 1h	7m 15s	$5K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.084%Rate

Funding earned: $21
Price spread: −0.084% → 0.000%: −$8.42
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$7.42
Costs to cover: 0.200%
Break-even: 9.5 days

Slippage unknown: Binance: live order book, 5 min ago; ApeX Omni: 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, 5 min ago	0.41 bp	7.5 bp −$8	15.2 bp −$152	53.5 bp −$5,346	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	121.28	−0.208%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0109%	1h	121.34	−0.158%	$252K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0068%	8h	121.59	+0.047%	$576K	$7.8M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.55	+0.016%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.49	−0.031%	$361K	$1.3M	10x	as long as short
Binance HOODUSDTlong	0.0000%	8h	121.53	long leg	$20.9M	$90.9M	20x
Bybit HOODUSDT	0.0000%	8h	121.51	−0.018%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.58	+0.039%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.55	+0.011%	$396K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.59	+0.047%	$5.4M	$9.6M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.52	−0.012%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.52	−0.010%	$857K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.51	−0.018%	$6K	$56K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.55	+0.015%	$994K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	121.41	−0.101%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.53	−0.002%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.55	+0.014%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.49	−0.035%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.49	−0.035%	$51.7M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.54	+0.004%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.48	−0.043%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.356%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.57	+0.031%	$68K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.56	+0.023%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	121.43	−0.084%	$5K	$41K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.53	−0.002%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.52	−0.012%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.60	+0.056%	$175K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.57	+0.031%	$28K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0257%	4h	121.51	−0.015%	$366K	$304K	10x	as long as short