Settings8H · net · $10k
Funding arb · Price arb /

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0305%/8h= +33.4% APRpaid last 24h +0.121%
Price spread now: edgeX against Bitget−0.122%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.330%+$33 on $10k
Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.122%, 7d avg −0.028%
Together, before fees+0.651%+ Points / potential airdropedgeX: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.094% cheaper against Bitget than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.028%). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HOODUSDT120.53−0.0162get 0.0162% / 8h2m 43s$5.5M$9.9M20x
ShortedgeX HOODUSDC120.380.0143get 0.0071% / 4h2m 43s$362K$304K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$64.01
Price spread: −0.122% → −0.028%
−$9.44
Slippage, 4 orders
−$24.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$9.34
Costs to cover
0.452%
Break-even
6.0 days
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago0.83 bp11.2 bp −$1124.8 bp −$248doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago6.63 bp11.7 bp −$1220.9 bp −$209doesn't fitdoesn't fit

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.22−0.257%$57K$57K30xas long as short
Bitget HOODUSDTlong−0.0162%8h120.53long leg$5.5M$9.9M20x
Gate HOOD_USDT−0.0160%8h120.51−0.017%$598K$7.6M50xas long as short
Polymarket Perps HOOD-USD−0.0026%1h120.28−0.207%$251K$345K10xas long as short
Aster HOODUSDT0.0000%8h120.46−0.055%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.48−0.039%$358K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.45−0.066%$20.7M$91.8M20xas long as short
Bybit HOODUSDT0.0000%8h120.42−0.091%$3.7M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.40−0.108%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.39−0.117%$2.2M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.38−0.123%$847K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h120.50−0.025%$986K$8K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.27−0.216%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.35−0.149%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.47−0.050%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.38−0.124%$51.1M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.47−0.052%$720$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.28−0.207%$1.3M$1.4M15xas long as short
Lighter HOOD+0.0072%1h120.44−0.071%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.41−0.100%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.48−0.041%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.35−0.149%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.47−0.050%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.45−0.064%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.52−0.008%$173K$175K20xas long as short
edgeX HOODUSDCshort+0.0143%4h120.38−0.122%$362K$304K10x
Coinbase International HOOD-PERP-INTX+0.0192%1h120.33−0.166%$196K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.38−0.124%$28K$238K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0415%1h120.47−0.050%$6K$52K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.52−0.012%$417K$1.4M10xas long as short