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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.025%
Price spread now: Lighter against BloFin+0.068%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$160.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.068%, 7d avg −0.025%
Together, before fees−0.189%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.092% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HOOD-USDT120.990.0120pay 0.0120% / 8h3h 05m$174K$161K20x
ShortLighter HOOD121.070.0144get 0.0018% / 1h5m 02s$2.8M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
$5.04
Price spread: +0.068% → −0.025%
$9.24
Slippage, 4 orders
−$4.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.74
Costs to cover
0.160%
Break-even
9.4 days
Slippage from BloFin: live order book, 15 min ago; Lighter: live order book, 2 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 BloFin live order book, 15 min ago0.82 bp6.8 bp −$711.7 bp −$11729.1 bp −$2,906doesn't fit
Sell Lighter live order book, 2 min ago0.50 bp0.8 bp −$13.9 bp −$39316.7 bp −$31.7Kdoesn'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
Injective HOOD/USDC PERP−0.0440%1h120.88−0.091%$58K$57K30xas long as short
Bitget HOODUSDT−0.0152%8h121.15+0.132%$5.4M$9.7M20xas long as short
Gate HOOD_USDT−0.0136%8h121.12+0.107%$582K$7.7M50xas long as short
Aster HOODUSDT0.0000%8h121.09+0.085%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.03+0.031%$360K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.15+0.132%$20.8M$91.3M20xas long as short
Bybit HOODUSDT0.0000%8h121.10+0.091%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.07+0.066%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.08+0.070%$383K$1.4M10xas long as short
Variational Omni HOOD0.0000%8h121.00+0.007%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h120.93−0.049%$848K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.10+0.091%$991K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.78−0.174%$63K25xas long as short
QFEX HOOD-USD+0.0022%1h121.06+0.058%$1.3M$3.1M10xas long as short
Arcus HOOD-USD+0.0040%1h120.91−0.066%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.05+0.050%$51.3M$28.3M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.88−0.091%$251K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h121.04+0.045%$727$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.86−0.107%$1.2M$1.5M15xas long as short
Pacifica HOOD+0.0100%1h121.04+0.038%$67K$107K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.01+0.017%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.88−0.091%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.06+0.058%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.03+0.037%$16K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0120%1h121.10+0.091%$193K$1.9M10xas long as short
BloFin HOOD-USDTlong+0.0120%8h120.99long leg$174K$161K20x
Phoenix HOOD+0.0132%1h120.94−0.041%$28K$238K10xas long as short
Lighter HOODshort+0.0144%1h121.07+0.068%$2.8M$3.2M10x
Deribit HOOD_USDC-PERPETUAL+0.0246%1h121.05+0.050%$6K$54K10xas long as short
edgeX HOODUSDC+0.0805%4h120.91−0.064%$364K$304K10xas long as short