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+0.1141%/8h= +124.9% APRpaid last 24h +0.113%
Price spread now: edgeX against Injective+0.179%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.540%+$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and edgeX is 0.179% dearer against Injective than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.540% in total (about 28.2% 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
LongInjective HOOD/USDC PERP120.22−0.0440get 0.0055% / 1h6m 48s$57K$57K30x
ShortedgeX HOODUSDC120.430.0701get 0.0351% / 4h6m 48s$362K$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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
$239.62
Price spread: +0.179% → 0.000%
$17.85
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$248.45
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell edgeX live order book, 32 min ago6.63 bp11.7 bp −$1220.9 bp −$209doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPlong−0.0440%1h120.22long leg$57K$57K30x
Gate HOOD_USDT−0.0162%8h120.44+0.183%$598K$7.6M50xas long as short
Bitget HOODUSDT−0.0160%8h120.43+0.175%$5.5M$9.9M20xas long as short
Polymarket Perps HOOD-USD−0.0025%1h120.21−0.008%$251K$345K10xas long as short
Aster HOODUSDT0.0000%8h120.42+0.167%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.36+0.118%$358K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.41+0.157%$20.7M$91.9M20xas long as short
Bybit HOODUSDT0.0000%8h120.38+0.133%$3.7M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.36+0.116%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.42+0.166%$2.2M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.42+0.167%$844K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h120.41+0.158%$985K$8K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h120.21−0.008%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.32+0.083%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.41+0.158%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.33+0.091%$51.1M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.37+0.126%$719$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.42+0.166%$1.3M$1.4M15xas long as short
Lighter HOOD+0.0064%1h120.40+0.150%$2.8M$3.2M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0082%1h120.38+0.133%$6K$52K10xas long as short
Pacifica HOOD+0.0100%1h120.37+0.125%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.43+0.175%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.39+0.141%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.38+0.133%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.36+0.116%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.42+0.166%$173K$175K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0192%1h120.33+0.091%$196K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.43+0.175%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.45+0.191%$417K$1.4M10xas long as short
edgeX HOODUSDCshort+0.0701%4h120.43+0.179%$362K$303K10x