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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Coinbase International against tradeXYZ−0.066%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$390.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.066%, 7d avg −0.104%
Together, before fees+0.118%+ Points / potential airdroptradeXYZ: Active · farm board+$12 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 0.038% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:HOOD121.620.0050pay 0.0006% / 1h59m 05s$51.9M$28.1M10x
ShortCoinbase International HOOD-PERP-INTX121.540.0096get 0.0012% / 1h59m 05s$194K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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
$9.66
Price spread: −0.066% → −0.104%
$3.81
Slippage, 4 orders
−$11.13
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$25.66
Costs to cover
0.391%
Break-even
25.6 days
Slippage from tradeXYZ: live order book, 10 min ago; Coinbase International: live order book, 5 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 tradeXYZ live order book, 10 min ago1.23 bp11.3 bp −$1113.3 bp −$133doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago3.29 bp8.7 bp −$915.5 bp −$155doesn'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%1h121.33−0.238%$58K$57K30xas long as short
Polymarket Perps HOOD-USD−0.0231%1h121.42−0.164%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.64+0.012%$106K$279K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.63+0.006%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.65+0.028%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.61−0.008%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.65+0.025%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.64+0.017%$398K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.70+0.066%$579K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.72+0.082%$5.4M$9.6M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni HOOD0.0000%8h121.71+0.075%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h121.70+0.065%$853K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.68+0.049%$995K$8K10xas long as short
Vest HOOD-USD-PERP+0.0024%1h121.54−0.066%$62K25xas long as short
QFEX HOOD-USD+0.0024%1h121.63+0.008%$1.3M$3.7M10xas long as short
Arcus HOOD-USD+0.0040%1h121.63+0.008%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOODlong+0.0050%1h121.62long leg$51.9M$28.1M10x
SoDEX HOOD-USD+0.0050%1h121.65+0.026%$735$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.50−0.099%$1.2M$1.5M15xas long as short
Lighter HOOD+0.0064%1h121.67+0.043%$2.8M$3.1M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0079%1h121.64+0.016%$7K$68K10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0096%1h121.54−0.066%$194K$1.9M10x
Pacifica HOOD+0.0100%1h121.64+0.016%$68K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.69+0.058%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.68+0.049%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.63+0.008%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.63+0.007%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.65+0.025%$175K$162K20xas long as short
Phoenix HOOD+0.0197%1h121.66+0.033%$28K$237K10xas long as short
edgeX HOODUSDC+0.0734%4h121.70+0.066%$366K$306K10xas long as short