Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.017%

Price spread now: Aevo against Bitget−0.082%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 0.082% cheaper against Bitget than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 32 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOODUSDT	120.77	−0.0100	get 0.0100% / 8h	58m 00s	$5.5M	$10.0M	20x
Short	Aevo HOOD-PERP	120.67	0.0104	get 0.0013% / 1h	58m 00s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now −0.082%Rate

Funding earned: $42.84
Price spread: −0.082% → 0.000%: −$8.19
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $6.65
Costs to cover: 0.280%
Break-even: 5.9 days

Slippage unknown: Bitget: live order book, just now; 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 Bitget live order book, just now	1.66 bp	10.0 bp −$10	20.3 bp −$203	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	120.61	−0.132%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0172%	8h	120.73	−0.033%	$601K	$7.6M	50x	as long as short
Bitget HOODUSDTlong	−0.0100%	8h	120.77	long leg	$5.5M	$10.0M	20x
Polymarket Perps HOOD-USD	−0.0017%	1h	120.52	−0.207%	$251K	$345K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	120.70	−0.054%	$105K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.69	−0.069%	$356K	$2.0M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.72	−0.041%	$20.8M	$92.2M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.69	−0.066%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.69	−0.066%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.60	−0.138%	$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	120.64	−0.109%	$849K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	120.73	−0.033%	$988K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0019%	1h	120.52	−0.207%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.61	−0.132%	$1.1M	$1.7M	10x	as long as short
QFEX HOOD-USD	+0.0046%	1h	120.71	−0.050%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.67	−0.083%	$51.3M	$26.9M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.69	−0.064%	$723	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.59	−0.149%	$1.2M	$1.4M	15x	as long as short
Lighter HOOD	+0.0056%	1h	120.69	−0.062%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.67	−0.082%	$74K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.68	−0.075%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.63	−0.116%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.68	−0.075%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	120.67	−0.082%	$16K	—	10x
BloFin HOOD-USDT	+0.0120%	8h	120.66	−0.091%	$173K	$165K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0192%	1h	120.67	−0.083%	$197K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.76	−0.008%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0247%	1h	120.69	−0.066%	$6K	$52K	10x	as long as short
RISEx HOOD/USDC	+0.0479%	1h	120.77	−0.002%	$397K	$1.4M	10x	as long as short
edgeX HOODUSDC	+0.0571%	4h	120.69	−0.069%	$363K	$305K	10x	as long as short