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+0.0100%/8h= +10.9% APRpaid last 24h −0.067%
Price spread now: KuCoin against RISEx+0.041%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1411.410% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.192%−$19 on $10k
Price spread, last 5 days (all we have)−0.161%−$16 · spread now +0.041%, 7d avg −0.057%
Together, before fees−0.353%−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.098% dearer against RISEx than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.057%. Mind the row above: over the last 4 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx HOOD/USDC121.640get 0.0000% / 1h59m 37s$398K$1.4M10x
ShortKuCoin HOODUSDTM121.690.0100get 0.0100% / 8h4h 59m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.041% → −0.057%
$9.77
Slippage, 4 orders
−$123.03
Fee RISEx: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$110.27
Costs to cover
1.410%
Break-even
43.8 days
Slippage from RISEx: live order book, 4 min ago; KuCoin: live order book, 6 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 ago0.82 bp3.8 bp −$44.6 bp −$46doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.29 bp38.9 bp −$39doesn't fitdoesn'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
Polymarket Perps HOOD-USD−0.0107%1h121.46−0.148%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.66+0.017%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.61−0.028%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.63−0.009%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.66+0.016%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.62−0.017%$2.7M$6.1M20xas long as short
RISEx HOOD/USDClong0.0000%1h121.64long leg$398K$1.4M10x
Gate HOOD_USDT0.0000%8h121.70+0.049%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.72+0.065%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.71+0.058%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.66+0.019%$852K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.67+0.024%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0024%1h121.55−0.074%$62K25xas long as short
QFEX HOOD-USD+0.0024%1h121.66+0.016%$1.3M$3.7M10xas long as short
Arcus HOOD-USD+0.0040%1h121.63−0.009%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0045%1h121.62−0.017%$51.9M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.63−0.005%$733$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.50−0.116%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54−0.083%$194K$1.9M10xas long as short
Lighter HOOD+0.0096%1h121.63−0.011%$2.8M$3.1M10xas long as short
Pacifica HOOD+0.0100%1h121.64−0.001%$68K$105K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h121.69+0.041%$1.3M$1.2M20x
ApeX Omni HOODUSDT+0.0100%1h121.640.000%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.60−0.033%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.61−0.023%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.71+0.057%$175K$162K20xas long as short
Phoenix HOOD+0.0197%1h121.73+0.073%$28K$239K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0326%1h121.63−0.009%$7K$68K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.36−0.231%$58K$57K30xas long as short
edgeX HOODUSDC+0.0553%4h121.63−0.007%$366K$305K10xas long as short