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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Binance against Bybit0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 7 days+0.049%+$5 · spread now 0.000%, 7d avg +0.023%
Together, before fees+0.101%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT120.920get 0.0000% / 8h1h 52m$3.7M$8.9M25x
ShortBinance HOODUSDT120.920get 0.0000% / 8h1h 52m$20.9M$92.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: 0.000% → +0.023%
−$2.3
Slippage, 4 orders
−$22.97
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$46.27
Costs to cover
0.440%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 5 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 Bybit live order book, 6 min ago0.82 bp13.9 bp −$1444.3 bp −$443doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.24 bp7.5 bp −$816.0 bp −$16061.2 bp −$6,125doesn'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−0.0392%1h120.80−0.099%$58K$57K30xas long as short
Gate HOOD_USDT−0.0169%8h121.00+0.066%$601K$7.7M50xas long as short
Bitget HOODUSDT−0.0081%8h120.98+0.050%$5.4M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.96+0.029%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.94+0.014%$357K$1.3M10xas long as short
Binance HOODUSDTshort0.0000%8h120.920.000%$20.9M$92.3M20x
Bybit HOODUSDTlong0.0000%8h120.92long leg$3.7M$8.9M25x
OKX HOOD-USDT-SWAP0.0000%8h120.97+0.041%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.95+0.028%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.96+0.033%$853K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.96+0.033%$990K$9K10xas long as short
Vest HOOD-USD-PERP+0.0014%1h120.72−0.165%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.90−0.017%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.72−0.165%$250K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.92−0.004%$722$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.81−0.091%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.91−0.008%$1.3M$3.0M10xas long as short
Pacifica HOOD+0.0100%1h120.95+0.024%$67K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.00+0.066%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.98+0.050%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.96+0.033%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.94+0.019%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.97+0.041%$174K$158K20xas long as short
Lighter HOOD+0.0168%1h120.94+0.017%$2.8M$3.2M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.93+0.008%$197K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.99+0.058%$28K$238K10xas long as short
tradeXYZ xyz:HOOD+0.0225%1h120.85−0.058%$51.3M$27.9M10xas long as short
RISEx HOOD/USDC+0.0365%1h120.98+0.054%$374K$1.4M10xas long as short
edgeX HOODUSDC+0.0883%4h120.95+0.026%$364K$303K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0908%1h120.99+0.058%$6K$52K10xas long as short