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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.013%
Price spread now: BloFin against Arcus+0.329%815s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.391% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.035%+$3 on $10k
Price spread, last 3 days (all we have)−0.273%−$27 · spread now +0.329%, 7d avg +0.082%
Together, before fees−0.239%−$24 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 BloFin is 0.247% dearer against Arcus than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.082%. The two prices were read 815 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus HOOD-USD121.600.0040pay 0.0005% / 1h35m 06s$1.1M$1.7M10x
ShortBloFin HOOD-USDT122.000.0120get 0.0120% / 8h6h 35m$182K$162K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Arcus. 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
$16.74
Price spread: +0.329% → +0.082%
$24.66
Slippage, 4 orders
−$22.57
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.34
Costs to cover
0.391%
Break-even
6.0 days
Slippage from Arcus: live order book, 4 min ago; BloFin: live order book, 24 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 Arcus live order book, 4 min ago2.06 bp9.2 bp −$913.0 bp −$130doesn't fitdoesn't fit
Sell BloFin live order book, 24 min ago1.23 bp10.6 bp −$1116.5 bp −$16543.2 bp −$4,323doesn'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−0.0122%1h121.56−0.033%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.75+0.121%$107K$273K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.75+0.122%$358K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.75+0.123%$21.1M$90.8M20xas long as short
Bybit HOODUSDT0.0000%8h121.77+0.140%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.76+0.132%$2.8M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h121.77+0.136%$374K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.78+0.148%$577K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.81+0.173%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.75+0.120%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.45−0.126%$853K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.72+0.099%$996K$8K10xas long as short
Lighter HOOD+0.0032%1h121.80+0.166%$2.9M$3.0M10xas long as short
Vest HOOD-USD-PERP+0.0033%1h121.62+0.016%$63K25xas long as short
QFEX HOOD-USD+0.0034%1h121.75+0.123%$1.3M$4.0M10xas long as short
Arcus HOOD-USDlong+0.0040%1h121.60long leg$1.1M$1.7M10x
SoDEX HOOD-USD+0.0050%1h121.75+0.127%$733$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.600.000%$1.2M$1.6M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0064%1h121.42−0.148%$196K$1.9M10xas long as short
tradeXYZ xyz:HOOD+0.0071%1h121.71+0.090%$52.5M$28.0M10xas long as short
Pacifica HOOD+0.0100%1h121.78+0.146%$68K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.70+0.082%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.55−0.041%$5K$92K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.74+0.115%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.73+0.110%$16K10xas long as short
BloFin HOOD-USDTshort+0.0120%8h122.00+0.329%$182K$162K20x
Deribit HOOD_USDC-PERPETUAL+0.0161%1h121.79+0.156%$7K$68K10xas long as short
Injective HOOD/USDC PERP+0.0186%1h121.38−0.181%$58K$57K30xas long as short
Phoenix HOOD+0.0261%1h121.63+0.025%$28K$237K10xas long as short
edgeX HOODUSDC+0.0374%4h121.36−0.199%$365K$304K10xas long as short