Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.003%

Price spread now: Variational Omni against Vest+0.067%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

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 airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.067% dearer against Vest than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HOOD-USD-PERP	121.50	0.0034	pay 0.0004% / 1h	37m 14s	—	$63K	25x
Short	Variational Omni HOOD	121.58	0	get 0.0000% / 8h	6h 37m	$2.3M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.067%Rate

Funding earned: −$7.09
Price spread: +0.067% → 0.000%: $6.68
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.41
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 2 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	3.21 bp	doesn't fit	38.2 bp −$382	doesn't fit	doesn't fit

Vest: 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
Polymarket Perps HOOD-USD	−0.0127%	1h	121.42	−0.066%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.59	+0.071%	$106K	$273K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.53	+0.024%	$358K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.57	+0.058%	$21.1M	$90.8M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.57	+0.058%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.57	+0.058%	$2.8M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.59	+0.078%	$373K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	121.56	+0.049%	$576K	$7.7M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.65	+0.123%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOODshort	0.0000%	8h	121.58	+0.067%	$2.3M	$1.1M	—

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.45	−0.043%	$853K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.55	+0.041%	$7K	$68K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.54	+0.033%	$994K	$8K	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.57	+0.055%	$2.9M	$3.0M	10x	as long as short
QFEX HOOD-USD	+0.0034%	1h	121.60	+0.082%	$1.3M	$4.0M	10x	as long as short
Vest HOOD-USD-PERPlong	+0.0034%	1h	121.50	long leg	—	$63K	25x
Arcus HOOD-USD	+0.0040%	1h	121.50	0.000%	$1.1M	$1.7M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.55	+0.041%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.51	+0.008%	$1.2M	$1.6M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0064%	1h	121.42	−0.066%	$196K	$1.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0065%	1h	121.58	+0.066%	$52.4M	$28.0M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.61	+0.090%	$68K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.56	+0.049%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.33	−0.140%	$5K	$92K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.58	+0.066%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.51	+0.010%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.00	+0.412%	$182K	$162K	20x	as long as short
Injective HOOD/USDC PERP	+0.0186%	1h	121.38	−0.099%	$58K	$57K	30x	as long as short
Phoenix HOOD	+0.0261%	1h	121.63	+0.107%	$28K	$237K	10x	as long as short
edgeX HOODUSDC	+0.0374%	4h	121.36	−0.117%	$365K	$304K	10x	as long as short