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+0.0050%/8h= +5.5% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Aster−0.019%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.993% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.019%, 7d avg −0.047%
Together, before fees+0.140%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$14 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 tradeXYZ is 0.028% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HOODUSDT121.800get 0.0000% / 8h5h 21m$106K$279K20x
ShorttradeXYZ xyz:HOOD121.780.0050get 0.0006% / 1h21m 31s$52.1M$28.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.019% → −0.047%
$2.77
Slippage, 4 orders
−$73.29
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$86.02
Costs to cover
0.993%
Break-even
64.3 days
Slippage from Aster: live order book, 40 min ago; tradeXYZ: live order book, 7 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 Aster live order book, 40 min ago4.93 bp49.6 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago0.82 bp11.0 bp −$1113.3 bp −$133doesn'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
Polymarket Perps HOOD-USD−0.0139%1h121.70−0.085%$253K$344K10xas long as short
Aster HOODUSDTlong0.0000%8h121.80long leg$106K$279K20x
Extended HOOD_24_5-USD0.0000%1h121.88+0.060%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.91+0.092%$21.1M$90.4M20xas long as short
Bybit HOODUSDT0.0000%8h121.82+0.014%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.92+0.096%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.90+0.079%$382K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.90+0.079%$580K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.90+0.079%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.69−0.093%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.80−0.004%$855K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.80−0.003%$996K$8K10xas long as short
QFEX HOOD-USD+0.0024%1h121.81+0.005%$1.3M$3.7M10xas long as short
Vest HOOD-USD-PERP+0.0026%1h121.68−0.101%$62K25xas long as short
Arcus HOOD-USD+0.0040%1h121.71−0.077%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOODshort+0.0050%1h121.78−0.019%$52.1M$28.1M10x
SoDEX HOOD-USD+0.0050%1h121.80−0.006%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.63−0.142%$1.2M$1.5M15xas long as short
Coinbase International HOOD-PERP-INTX+0.0056%1h121.54−0.216%$194K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.79−0.011%$68K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.81+0.005%$1.3M$1.2M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h121.77−0.027%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.80−0.003%$2K$2K10xas long as short
Lighter HOOD+0.0104%1h121.83+0.019%$2.8M$3.1M10xas long as short
Aevo HOOD-PERP+0.0104%1h121.76−0.034%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h121.79−0.011%$174K$159K20xas long as short
Phoenix HOOD+0.0197%1h121.71−0.077%$28K$239K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0325%1h121.78−0.019%$7K$68K10xas long as short
Injective HOOD/USDC PERP+0.0345%1h121.36−0.364%$58K$57K30xas long as short
edgeX HOODUSDC+0.0376%4h121.69−0.095%$366K$304K10xas long as short