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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Aster−0.065%47s7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.065%, 7d avg −0.090%
Together, before fees+0.033%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$3 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 Ondo Perps is 0.025% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.090%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HOODUSDT120.480get 0.0000% / 8h9m 46s$105K$281K20x
ShortOndo Perps HOOD-USD.P120.400.0050get 0.0006% / 1h9m 46s$1.3M$1.4M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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
$10.58
Price spread: −0.065% → −0.090%
$2.51
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$0.09
Costs to cover
0.130%
Break-even
6.9 days
Slippage unknown: Aster: live order book, 27 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago2.90 bp53.4 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERP−0.0440%1h120.22−0.214%$57K$57K30xas long as short
Gate HOOD_USDT−0.0164%8h120.56+0.068%$598K$7.6M50xas long as short
Bitget HOODUSDT−0.0155%8h120.52+0.035%$5.5M$9.9M20xas long as short
Polymarket Perps HOOD-USD−0.0021%1h120.36−0.098%$251K$345K10xas long as short
Aster HOODUSDTlong0.0000%8h120.48long leg$105K$281K20x
Extended HOOD_24_5-USD0.0000%1h120.46−0.014%$358K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.47−0.007%$20.8M$91.9M20xas long as short
Bybit HOODUSDT0.0000%8h120.42−0.048%$3.7M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.45−0.023%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.42−0.048%$2.2M$1.0Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.49+0.011%$845K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h120.50+0.018%$986K$8K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h120.32−0.131%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.37−0.090%$1.1M$1.7M10xas long as short
QFEX HOOD-USD+0.0046%1h120.47−0.007%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.39−0.073%$51.1M$26.9M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.47−0.009%$720$4K10xas long as short
Ondo Perps HOOD-USD.Pshort+0.0050%1h120.40−0.065%$1.3M$1.4M15x
edgeX HOODUSDC+0.0060%4h120.45−0.025%$362K$305K10xas long as short
Lighter HOOD+0.0072%1h120.48+0.003%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.42−0.050%$74K$111K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.50+0.018%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.44−0.032%$5K$40K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.48+0.002%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.45−0.022%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.51+0.026%$173K$175K20xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0165%1h120.48+0.002%$6K$52K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0192%1h120.49+0.010%$196K$1.8M10xas long as short
Phoenix HOOD+0.0265%1h120.46−0.015%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0479%1h120.54+0.052%$403K$1.4M10xas long as short