Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.103%

Price spread now: Deribit against OKX−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HOOD-USDT-SWAP	121.57	0	get 0.0000% / 8h	6h 37m	$2.8M	$5.9M	20x
Short	Deribit HOOD_USDC-PERPETUAL	121.55	0	get 0.0000% / 1h	37m 00s	$7K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee DeribitbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → 0.000%: −$1.65
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$18.65
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	1.23 bp	12.3 bp −$12	27.6 bp −$276	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps HOOD-USD	−0.0127%	1h	121.42	−0.123%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.58	+0.006%	$107K	$273K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.56	−0.008%	$358K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.59	+0.016%	$21.1M	$90.8M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.61	+0.033%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAPlong	0.0000%	8h	121.57	long leg	$2.8M	$5.9M	20x
RISEx HOOD/USDC	0.0000%	1h	121.59	+0.020%	$373K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.56	−0.008%	$576K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.64	+0.058%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.58	+0.009%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.45	−0.101%	$853K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUALshort	0.0000%	1h	121.55	−0.016%	$7K	$68K	10x
Phemex HOODUSDT	0.0000%	8h	121.54	−0.025%	$994K	$8K	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.57	−0.002%	$2.9M	$3.0M	10x	as long as short
QFEX HOOD-USD	+0.0034%	1h	121.60	+0.025%	$1.3M	$4.0M	10x	as long as short
Vest HOOD-USD-PERP	+0.0034%	1h	121.50	−0.058%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.50	−0.058%	$1.1M	$1.7M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.55	−0.016%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.51	−0.049%	$1.2M	$1.6M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0064%	1h	121.42	−0.123%	$196K	$1.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0064%	1h	121.56	−0.008%	$52.4M	$28.0M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.61	+0.033%	$68K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.56	−0.008%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.33	−0.197%	$5K	$92K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.58	+0.008%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.51	−0.047%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.00	+0.354%	$182K	$162K	20x	as long as short
Injective HOOD/USDC PERP	+0.0186%	1h	121.38	−0.156%	$58K	$57K	30x	as long as short
Phoenix HOOD	+0.0261%	1h	121.63	+0.049%	$28K	$237K	10x	as long as short
edgeX HOODUSDC	+0.0374%	4h	121.36	−0.174%	$365K	$304K	10x	as long as short