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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.035%
Price spread now: Coinbase International against QFEX−0.016%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$320.318% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.089%+$9 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now −0.016%, 7d avg −0.152%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.135% dearer against QFEX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HOOD-USD121.560.0024pay 0.0003% / 1h49m 12s$1.3M$3.8M10x
ShortCoinbase International HOOD-PERP-INTX121.540.0056get 0.0007% / 1h49m 12s$194K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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
$6.67
Price spread: −0.016% → −0.152%
$13.51
Slippage, 4 orders
−$11.83
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$11.66
Costs to cover
0.318%
Break-even
19.2 days
Slippage from QFEX: live order book, 4 min ago; Coinbase International: live order book, 4 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 QFEX live order book, 4 min ago1.64 bp6.7 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago4.11 bp9.1 bp −$914.7 bp −$147doesn'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−0.0197%1h121.37−0.156%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.57+0.011%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.53−0.027%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.560.000%$21.1M$90.2M20xas long as short
Bybit HOODUSDT0.0000%8h121.59+0.025%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.57+0.008%$2.7M$6.0M20xas long as short
RISEx HOOD/USDC0.0000%1h121.55−0.005%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.61+0.041%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.59+0.025%$5.4M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h121.59+0.026%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.59+0.027%$858K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.57+0.008%$994K$8K10xas long as short
QFEX HOOD-USDlong+0.0024%1h121.56long leg$1.3M$3.8M10x
Vest HOOD-USD-PERP+0.0025%1h121.45−0.090%$62K25xas long as short
Lighter HOOD+0.0040%1h121.57+0.005%$2.8M$3.1M10xas long as short
Arcus HOOD-USD+0.0040%1h121.55−0.008%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.52−0.033%$52.0M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.53−0.029%$732$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.49−0.058%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0056%1h121.54−0.016%$194K$1.9M10x
Deribit HOOD_USDC-PERPETUAL+0.0079%1h121.55−0.008%$7K$68K10xas long as short
Pacifica HOOD+0.0100%1h121.58+0.018%$68K$110K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.60+0.033%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.62+0.049%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.560.000%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.52−0.036%$16K10xas long as short
Phoenix HOOD+0.0197%1h121.59+0.025%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.40−0.132%$58K$57K30xas long as short
edgeX HOODUSDC+0.0404%4h121.56+0.001%$366K$304K10xas long as short