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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Phemex+0.319%7-day average −0.105% · 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+0.094%+$9 on $10k
Price spread, last 3 days (all we have)−0.387%−$39 · spread now +0.319%, 7d avg −0.105%
Together, before fees−0.294%+ Points / potential airdropOndo Perps: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.424% dearer against Phemex than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of −0.105%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HOODUSDT122.330get 0.0000% / 8h7h 00m$1.0M$8K10x
ShortOndo Perps HOOD-USD.P122.720.0050get 0.0006% / 1h0m 10s$1.2M$1.6M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phemex. 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
$10.58
Price spread: +0.319% → −0.105%
$42.41
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$36
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Phemex: live order book, 2 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago1.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Aster HOODUSDT0.0000%8h122.40+0.055%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.43+0.083%$364K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.33−0.003%$21.7M$89.6M20xas long as short
Bybit HOODUSDT0.0000%8h122.34+0.008%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.330.000%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.42+0.078%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.46+0.106%$569K$7.9M50xas long as short
Bitget HOODUSDT0.0000%8h122.43+0.082%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.45+0.101%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.73+0.327%$866K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDTlong0.0000%8h122.33long leg$1.0M$8K10x
QFEX HOOD-USD+0.0014%1h122.41+0.065%$1.3M$4.0M10xas long as short
Vest HOOD-USD-PERP+0.0038%1h122.28−0.041%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.56+0.188%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.28−0.041%$254K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.38+0.041%$737$4K10xas long as short
Ondo Perps HOOD-USD.Pshort+0.0050%1h122.72+0.319%$1.2M$1.6M15x
Lighter HOOD+0.0056%1h122.35+0.016%$2.9M$2.1M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h122.51+0.147%$207K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.44+0.087%$71K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.49+0.131%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.56+0.188%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.41+0.065%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.39+0.053%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.42+0.074%$181K$161K20xas long as short
tradeXYZ xyz:HOOD+0.0127%1h122.41+0.065%$52.5M$27.7M10xas long as short
Phoenix HOOD+0.0196%1h122.60+0.221%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.93+0.490%$63K$49K30xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0322%1h122.42+0.074%$8K$69K10xas long as short
edgeX HOODUSDC+0.0389%4h122.58+0.204%$369K$305K10xas long as short