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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.144%
Price spread now: edgeX against Bybit−0.032%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.287%+$29 on $10k
Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.032%, 7d avg +0.015%
Together, before fees+0.460%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.015%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.287% in total) that is about 27 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT121.600get 0.0000% / 8h5h 49m$3.9M$8.7M25x
ShortedgeX HOODUSDC121.560.0404get 0.0202% / 4h1h 49m$366K$304K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$84.77
Price spread: −0.032% → +0.015%
−$4.68
Slippage, 4 orders
−$29.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$30.12
Costs to cover
0.500%
Break-even
4.5 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 14 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 Bybit live order book, 4 min ago1.64 bp12.8 bp −$1335.6 bp −$356doesn't fitdoesn't fit
Sell edgeX live order book, 14 min ago6.15 bp11.5 bp −$1120.7 bp −$207doesn't fitdoesn't fit

HOOD on 29 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
Polymarket Perps HOOD-USD−0.0197%1h121.37−0.189%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.56−0.029%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.54−0.048%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.56−0.033%$21.1M$90.2M20xas long as short
Bybit HOODUSDTlong0.0000%8h121.60long leg$3.9M$8.7M25x
OKX HOOD-USDT-SWAP0.0000%8h121.57−0.025%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.55−0.038%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.61+0.008%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.61+0.008%$5.4M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h121.59−0.007%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.59−0.006%$858K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.53−0.058%$7K$68K10xas long as short
Phemex HOODUSDT0.0000%8h121.57−0.025%$994K$8K10xas long as short
QFEX HOOD-USD+0.0024%1h121.56−0.033%$1.3M$3.8M10xas long as short
Vest HOOD-USD-PERP+0.0025%1h121.45−0.123%$62K25xas long as short
Lighter HOOD+0.0040%1h121.58−0.019%$2.8M$3.1M10xas long as short
Arcus HOOD-USD+0.0040%1h121.55−0.041%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.52−0.066%$52.0M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.53−0.053%$732$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.49−0.090%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54−0.049%$194K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.58−0.015%$68K$110K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.600.000%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.62+0.016%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.56−0.033%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.51−0.072%$16K10xas long as short
Phoenix HOOD+0.0197%1h121.59−0.008%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.40−0.164%$58K$57K30xas long as short
edgeX HOODUSDCshort+0.0404%4h121.56−0.032%$366K$304K10x