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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Bitget+0.008%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.008%, 7d avg −0.048%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HOODUSDT121.600get 0.0000% / 8h4h 08m$5.4M$9.6M20x
ShortKuCoin HOODUSDTM121.610.0100get 0.0100% / 8h4h 08m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.008% → −0.048%
$5.57
Slippage, 4 orders
−$104.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$101.45
Costs to cover
1.280%
Break-even
40.8 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 7 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, 5 min ago1.23 bp10.2 bp −$1019.6 bp −$196doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago2.06 bp38.9 bp −$39doesn't fitdoesn'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%1h121.28−0.263%$58K$57K30xas long as short
Polymarket Perps HOOD-USD−0.0106%1h121.42−0.148%$252K$344K10xas long as short
Gate HOOD_USDT−0.0070%8h121.63+0.025%$576K$7.8M50xas long as short
Aster HOODUSDT0.0000%8h121.59−0.007%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.56−0.036%$361K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.59−0.009%$20.9M$90.9M20xas long as short
Bybit HOODUSDT0.0000%8h121.600.000%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.59−0.008%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.61+0.011%$397K$1.4M10xas long as short
Bitget HOODUSDTlong0.0000%8h121.60long leg$5.4M$9.6M20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni HOOD0.0000%8h121.52−0.068%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h121.52−0.066%$857K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.58−0.016%$6K$56K10xas long as short
Phemex HOODUSDT0.0000%8h121.58−0.016%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h121.46−0.115%$63K25xas long as short
QFEX HOOD-USD+0.0029%1h121.62+0.016%$1.3M$3.6M10xas long as short
Lighter HOOD+0.0032%1h121.59−0.005%$2.8M$3.1M10xas long as short
Arcus HOOD-USD+0.0040%1h121.48−0.099%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.57−0.025%$51.7M$28.3M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.57−0.022%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.48−0.099%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h121.10−0.411%$193K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.600.000%$68K$107K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.61+0.008%$1.3M$1.2M20x
ApeX Omni HOODUSDT+0.0100%1h121.43−0.140%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.600.000%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.58−0.016%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.600.000%$175K$161K20xas long as short
Phoenix HOOD+0.0132%1h121.48−0.099%$28K$238K10xas long as short
edgeX HOODUSDC+0.0257%4h121.51−0.070%$366K$304K10xas long as short