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+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.047%
Price spread now: Coinbase International against RISEx−0.062%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.072%−$7 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.062%, 7d avg −0.188%
Together, before fees−0.066%−$7 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 Coinbase International is 0.126% dearer against RISEx than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.188%. Mind the row above: over the last 3 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx HOOD/USDC121.860get 0.0000% / 1h14m 36s$375K$1.4M10x
ShortCoinbase International HOOD-PERP-INTX121.780.0064get 0.0008% / 1h14m 36s$195K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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
$13.44
Price spread: −0.062% → −0.188%
$12.63
Slippage, 4 orders
−$13.75
Fee RISEx: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$3.68
Costs to cover
0.297%
Break-even
8.9 days
Slippage from RISEx: 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 RISEx live order book, 4 min ago0.41 bp3.4 bp −$35.9 bp −$59doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago5.33 bp12.6 bp −$1316.4 bp −$164doesn'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−0.0129%1h121.62−0.193%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.90+0.038%$107K$274K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.82−0.030%$359K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.85−0.002%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.86+0.004%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.86+0.004%$2.7M$6.1M20xas long as short
RISEx HOOD/USDClong0.0000%1h121.86long leg$375K$1.4M10x
Gate HOOD_USDT0.0000%8h121.91+0.045%$576K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.90+0.037%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.84−0.010%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.81−0.036%$854K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.81−0.037%$7K$68K10xas long as short
Phemex HOODUSDT0.0000%8h121.84−0.012%$997K$9K10xas long as short
Vest HOOD-USD-PERP+0.0028%1h121.71−0.119%$63K25xas long as short
Lighter HOOD+0.0032%1h121.88+0.021%$2.9M$3.1M10xas long as short
QFEX HOOD-USD+0.0034%1h121.85−0.004%$1.3M$3.9M10xas long as short
Arcus HOOD-USD+0.0040%1h121.80−0.045%$1.1M$1.7M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.81−0.039%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.72−0.111%$1.2M$1.6M15xas long as short
tradeXYZ xyz:HOOD+0.0062%1h121.83−0.021%$52.4M$28.0M10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0064%1h121.78−0.062%$195K$1.9M10x
Pacifica HOOD+0.0100%1h121.850.000%$68K$110K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.93+0.062%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.78−0.062%$5K$91K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.84−0.012%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.82−0.032%$16K10xas long as short
Injective HOOD/USDC PERP+0.0186%1h121.38−0.390%$58K$57K30xas long as short
Phoenix HOOD+0.0261%1h121.96+0.086%$28K$237K10xas long as short
edgeX HOODUSDC+0.0462%4h121.79−0.051%$367K$305K10xas long as short