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+0.0281%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.041%
Price spread now: tradeXYZ against Polymarket Perps+0.165%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.308%+$31 on $10k
Price spread, last 7 days−0.170%−$17 · spread now +0.165%, 7d avg +0.090%
Together, before fees+0.138%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and tradeXYZ is 0.075% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps HOOD-USD121.42−0.0231get 0.0029% / 1h59m 10s$252K$344K10x
ShorttradeXYZ xyz:HOOD121.620.0050get 0.0006% / 1h59m 10s$51.9M$28.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Polymarket Perps. 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
$59.05
Price spread: +0.165% → +0.090%
$7.5
Slippage, 4 orders
−$11.09
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$29.46
Costs to cover
0.371%
Break-even
3.5 days
Slippage from Polymarket Perps: live order book, 63 min ago; tradeXYZ: live order book, 10 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 Polymarket Perps live order book, 63 min ago2.46 bp8.1 bp −$88.1 bp −$8110.8 bp −$1,078doesn't fit
Sell tradeXYZ live order book, 10 min ago1.23 bp10.8 bp −$1115.1 bp −$151doesn'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−0.0440%1h121.33−0.074%$58K$57K30xas long as short
Polymarket Perps HOOD-USDlong−0.0231%1h121.42long leg$252K$344K10x
Aster HOODUSDT0.0000%8h121.64+0.177%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.63+0.171%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.65+0.193%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.61+0.156%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.65+0.189%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.64+0.182%$398K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.70+0.231%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.72+0.247%$5.4M$9.6M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni HOOD0.0000%8h121.71+0.240%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h121.70+0.230%$853K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.68+0.214%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0024%1h121.54+0.099%$62K25xas long as short
QFEX HOOD-USD+0.0024%1h121.63+0.173%$1.3M$3.7M10xas long as short
Arcus HOOD-USD+0.0040%1h121.63+0.173%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOODshort+0.0050%1h121.62+0.165%$51.9M$28.1M10x
SoDEX HOOD-USD+0.0050%1h121.65+0.191%$735$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.50+0.066%$1.2M$1.5M15xas long as short
Lighter HOOD+0.0064%1h121.67+0.208%$2.8M$3.1M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0079%1h121.64+0.181%$7K$68K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h121.54+0.099%$194K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.64+0.181%$68K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.69+0.222%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.68+0.214%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.63+0.173%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.63+0.171%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.65+0.189%$175K$162K20xas long as short
Phoenix HOOD+0.0197%1h121.66+0.198%$28K$237K10xas long as short
edgeX HOODUSDC+0.0734%4h121.70+0.230%$366K$306K10xas long as short