Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0365%/8h= +40.0% APRpaid last 24h +0.115%

Price spread now: edgeX against SoDEX−0.147%75s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.147% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 32 hours of funding at the current rate (+$11 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX HOOD-USD	120.85	0.0050	pay 0.0006% / 1h	24m 16s	$722	$4K	10x
Short	edgeX HOODUSDC	120.67	0.0415	get 0.0208% / 4h	1h 24m	$363K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee edgeXbpOrdersPrice spread, now −0.147%Rate

Funding earned: $76.73
Price spread: −0.147% → 0.000%: −$14.75
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $44.98
Costs to cover: 0.170%
Break-even: 2.9 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 19 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 19 min ago	6.63 bp	11.7 bp −$12	20.7 bp −$207	doesn't fit	doesn't fit

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	−0.0392%	1h	120.34	−0.422%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0177%	8h	120.86	+0.008%	$600K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0170%	8h	120.89	+0.033%	$5.4M	$9.9M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	120.82	−0.024%	$106K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	120.82	−0.028%	$356K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.85	+0.002%	$20.8M	$92.4M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.81	−0.033%	$3.7M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.86	+0.008%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.83	−0.013%	$2.3M	$1.0M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	120.71	−0.116%	$845K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	120.85	0.000%	$989K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	120.62	−0.190%	—	$63K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.67	−0.149%	$1.1M	$1.7M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	120.62	−0.190%	$251K	$345K	10x	as long as short
SoDEX HOOD-USDlong	+0.0050%	1h	120.85	long leg	$722	$4K	10x
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.56	−0.240%	$1.2M	$1.4M	15x	as long as short
QFEX HOOD-USD	+0.0062%	1h	120.82	−0.025%	$1.3M	$2.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0081%	1h	120.75	−0.083%	$51.3M	$27.7M	10x	as long as short
Lighter HOOD	+0.0088%	1h	120.80	−0.041%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.83	−0.013%	$67K	$106K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.75	−0.083%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.63	−0.182%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.81	−0.033%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.80	−0.041%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	120.90	+0.041%	$174K	$160K	20x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.60	−0.207%	$196K	$1.8M	10x	as long as short
Phoenix HOOD	+0.0198%	1h	120.61	−0.199%	$28K	$238K	10x	as long as short
RISEx HOOD/USDC	+0.0365%	1h	120.86	+0.008%	$395K	$1.4M	10x	as long as short
edgeX HOODUSDCshort	+0.0415%	4h	120.67	−0.147%	$363K	$303K	10x
Deribit HOOD_USDC-PERPETUAL	+0.0578%	1h	120.81	−0.033%	$6K	$52K	10x	as long as short