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−0.0086%/8h= −9.4% APRpaid last 24h −0.142%
Price spread now: KuCoin against edgeX+0.102%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1531.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.320%−$32 on $10k
Price spread, last 4 days (all we have)−0.318%−$32 · spread now +0.102%, 7d avg −0.032%
Together, before fees−0.638%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.133% dearer against edgeX than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.032%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HOODUSDC121.820.0186pay 0.0093% / 4h2h 12m$367K$306K10x
ShortKuCoin HOODUSDTM121.940.0100get 0.0100% / 8h6h 12m$1.3M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
−$18.09
Price spread: +0.102% → −0.032%
$13.32
Slippage, 4 orders
−$132.21
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$157.98
Costs to cover
1.532%
Break-even
never at this rate
Slippage from edgeX: live order book, 56 min ago; KuCoin: live order book, 2 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 edgeX live order book, 56 min ago6.52 bp11.8 bp −$1221.5 bp −$215doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.28 bp40.8 bp −$41doesn't fitdoesn'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−0.0133%1h121.67−0.120%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.89+0.063%$107K$274K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.86+0.036%$359K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.89+0.058%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.88+0.052%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.92+0.085%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.94+0.102%$375K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.90+0.069%$576K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.99+0.143%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.84+0.022%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.86+0.032%$854K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.82+0.003%$7K$68K10xas long as short
Phemex HOODUSDT0.0000%8h121.88+0.052%$997K$8K10xas long as short
Vest HOOD-USD-PERP+0.0028%1h121.79−0.021%$63K25xas long as short
Lighter HOOD+0.0032%1h121.88+0.056%$2.9M$3.1M10xas long as short
QFEX HOOD-USD+0.0034%1h121.92+0.085%$1.3M$3.9M10xas long as short
Arcus HOOD-USD+0.0040%1h121.82+0.003%$1.1M$1.7M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.86+0.036%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.72−0.079%$1.2M$1.6M15xas long as short
tradeXYZ xyz:HOOD+0.0057%1h121.86+0.036%$52.4M$28.0M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0064%1h121.88+0.052%$195K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.99+0.145%$68K$110K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.94+0.102%$1.3M$1.1M20x
ApeX Omni HOODUSDT+0.0100%1h121.82+0.003%$5K$91K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.87+0.044%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.820.000%$16K10xas long as short
Injective HOOD/USDC PERP+0.0186%1h121.38−0.358%$58K$57K30xas long as short
edgeX HOODUSDClong+0.0186%4h121.82long leg$367K$306K10x
Phoenix HOOD+0.0261%1h121.91+0.077%$28K$237K10xas long as short