Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0027%/8h= −2.9% APRpaid last 24h −0.004%

Price spread now: Polymarket Perps against Aster−0.150%7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$990.988% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.462%+$46 · spread now −0.150%, 7d avg −0.118%

Together, before fees+0.340%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.032% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.118%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HOODUSDT	120.95	0	get 0.0000% / 8h	2h 45m	$106K	$280K	20x
Short	Polymarket Perps HOOD-USD	120.77	−0.0027	pay 0.0003% / 1h	45m 57s	$251K	$344K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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

Position, each leg$Hold fordaysFee AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$5.58
Price spread: −0.150% → −0.118%: −$3.17
Slippage, 4 orders: −$82.85
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$107.6
Costs to cover: 0.988%
Break-even: never at this rate

Slippage from Aster: live order book, 66 min ago; Polymarket Perps: live order book, 1 min ago.

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 Aster live order book, 66 min ago	4.53 bp	53.2 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.07 bp	7.6 bp −$8	8.1 bp −$81	9.8 bp −$976	doesn't fit

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	−0.0440%	1h	120.64	−0.257%	$57K	$57K	30x	as long as short
Bitget HOODUSDT	−0.0171%	8h	121.02	+0.057%	$5.4M	$9.8M	20x	as long as short
Gate HOOD_USDT	−0.0157%	8h	120.96	+0.007%	$582K	$7.6M	50x	as long as short
Polymarket Perps HOOD-USDshort	−0.0027%	1h	120.77	−0.150%	$251K	$344K	10x
Aster HOODUSDTlong	0.0000%	8h	120.95	long leg	$106K	$280K	20x
Extended HOOD_24_5-USD	0.0000%	1h	120.90	−0.041%	$358K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	120.94	−0.013%	$20.7M	$91.5M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	120.94	−0.009%	$3.8M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	120.94	−0.009%	$2.7M	$6.1M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	120.92	−0.023%	$2.3M	$1.1M	—	as long as short

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	120.99	+0.032%	$849K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	120.92	−0.026%	$6K	$55K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.01	+0.048%	$990K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0012%	1h	120.81	−0.117%	—	$63K	25x	as long as short
Lighter HOOD	+0.0032%	1h	120.92	−0.030%	$2.8M	$3.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	120.95	−0.001%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	120.90	−0.042%	$51.2M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	120.94	−0.009%	$724	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	120.94	−0.009%	$1.2M	$1.5M	15x	as long as short
QFEX HOOD-USD	+0.0053%	1h	120.98	+0.024%	$1.3M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	120.96	+0.008%	$67K	$107K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	120.94	−0.009%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	120.93	−0.018%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	120.93	−0.018%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	120.89	−0.050%	$16K	—	10x	as long as short
RISEx HOOD/USDC	+0.0109%	1h	121.01	+0.048%	$382K	$1.4M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.09	+0.115%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	120.99	+0.032%	$28K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0147%	4h	121.01	+0.047%	$364K	$305K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.77	−0.150%	$193K	$1.8M	10x	as long as short