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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.072%
Price spread now: RISEx against Bybit+0.041%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.118%+$12 on $10k
Price spread, last 5 days (all we have)+0.099%+$10 · spread now +0.041%, 7d avg +0.041%
Together, before fees+0.216%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.118% in total (about 11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT120.590get 0.0000% / 8h1h 38m$3.7M$8.8M25x
ShortRISEx HOOD/USDC120.640.0365get 0.0046% / 1h38m 13s$373K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$76.63
Price spread: +0.041% → +0.041%
$0.05
Slippage, 4 orders
−$19.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
$39.73
Costs to cover
0.369%
Break-even
3.4 days
Slippage from Bybit: live order book, 5 min ago; RISEx: live order book, 1 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, 5 min ago0.83 bp16.4 bp −$1644.2 bp −$442doesn't fitdoesn't fit
Sell RISEx live order book, 1 min ago1.66 bp4.7 bp −$55.6 bp −$56doesn'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−0.0392%1h120.80+0.174%$58K$57K30xas long as short
Gate HOOD_USDT−0.0178%8h120.70+0.091%$599K$7.7M50xas long as short
Bitget HOODUSDT−0.0128%8h120.64+0.041%$5.4M$10.0M20xas long as short
Aster HOODUSDT0.0000%8h120.62+0.025%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.57−0.016%$356K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.60+0.010%$20.8M$92.3M20xas long as short
Bybit HOODUSDTlong0.0000%8h120.59long leg$3.7M$8.8M25x
OKX HOOD-USDT-SWAP0.0000%8h120.60+0.008%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.71+0.099%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.71+0.102%$853K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.63+0.033%$987K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.42−0.141%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.60+0.008%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.42−0.141%$250K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.56−0.025%$720$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.58−0.008%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.58−0.008%$1.3M$3.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0082%1h120.56−0.025%$6K$52K10xas long as short
Lighter HOOD+0.0088%1h120.57−0.013%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.59+0.002%$67K$106K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.65+0.050%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.63+0.033%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.56−0.025%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.57−0.018%$16K10xas long as short
tradeXYZ xyz:HOOD+0.0106%1h120.56−0.025%$51.2M$27.8M10xas long as short
BloFin HOOD-USDT+0.0120%8h120.74+0.124%$175K$160K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60+0.008%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.79+0.166%$28K$238K10xas long as short
RISEx HOOD/USDCshort+0.0365%1h120.64+0.041%$373K$1.4M10x
edgeX HOODUSDC+0.0745%4h120.74+0.124%$363K$303K10xas long as short