Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%

Price spread now: ApeX Omni against Bitget−0.074%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.074% cheaper against Bitget than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HOODUSDT	121.32	0	get 0.0000% / 8h	4h 35m	$5.4M	$9.6M	20x
Short	ApeX Omni HOODUSDT	121.23	0.0100	get 0.0013% / 1h	35m 21s	$5K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now −0.074%Rate

Funding earned: $21
Price spread: −0.074% → 0.000%: −$7.42
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$8.42
Costs to cover: 0.220%
Break-even: 9.8 days

Slippage unknown: Bitget: live order book, 3 min ago; ApeX Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	1.24 bp	10.2 bp −$10	30.7 bp −$307	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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
Injective HOOD/USDC PERP	−0.0440%	1h	121.05	−0.223%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0136%	1h	121.10	−0.181%	$251K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0034%	8h	121.30	−0.016%	$572K	$7.7M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.33	+0.011%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.27	−0.041%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.30	−0.020%	$21.0M	$90.8M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.29	−0.025%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.25	−0.058%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.29	−0.021%	$397K	$1.4M	10x	as long as short
Bitget HOODUSDTlong	0.0000%	8h	121.32	long leg	$5.4M	$9.6M	20x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.22	−0.083%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.26	−0.046%	$856K	$2.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	0.0000%	1h	121.27	−0.041%	$7K	$55K	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.29	−0.025%	$992K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0021%	1h	121.13	−0.157%	—	$62K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.28	−0.033%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.27	−0.045%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.20	−0.099%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.24	−0.066%	$51.8M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.27	−0.044%	$732	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.19	−0.107%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.54	+0.181%	$194K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.30	−0.018%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.37	+0.041%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	121.23	−0.074%	$5K	$41K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.28	−0.033%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.25	−0.054%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.27	−0.041%	$175K	$162K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.23	−0.074%	$27K	$238K	10x	as long as short
edgeX HOODUSDC	+0.0403%	4h	121.25	−0.055%	$365K	$305K	10x	as long as short