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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Bybit−0.065%7-day average −0.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 7 days−0.238%−$24 · spread now −0.065%, 7d avg −0.086%
Together, before fees−0.263%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.021% dearer against Bybit than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.086%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT122.610.0068pay 0.0068% / 8h7h 45m$3.9M$8.7M25x
ShortOndo Perps HOOD-USD.P122.530.0050get 0.0006% / 1h45m 44s$1.2M$1.6M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$3.63
Price spread: −0.065% → −0.086%
$2.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$17.51
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.22 bp13.0 bp −$1356.3 bp −$563doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HOODUSDT0.0000%8h122.63+0.013%$107K$267K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.58−0.021%$365K$1.5M10xas long as short
Binance HOODUSDT0.0000%8h122.610.000%$21.9M$89.2M20xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.59−0.016%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.56−0.041%$382K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.60−0.008%$566K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.67+0.049%$5.5M$9.4M20xas long as short
Variational Omni HOOD0.0000%8h122.80+0.152%$2.4M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.46−0.120%$860K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h122.68+0.057%$1.0M$8K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX HOOD-USD+0.0014%1h122.82+0.171%$1.3M$4.2M10xas long as short
Arcus HOOD-USD+0.0040%1h122.610.000%$1.1M$1.7M10xas long as short
Vest HOOD-USD-PERP+0.0043%1h122.62+0.008%$63K25xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.66+0.041%$265K$335K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.66+0.041%$738$4K10xas long as short
Ondo Perps HOOD-USD.Pshort+0.0050%1h122.53−0.065%$1.2M$1.6M15x
Bybit HOODUSDTlong+0.0068%8h122.61long leg$3.9M$8.7M25x
Coinbase International HOOD-PERP-INTX+0.0096%1h122.34−0.220%$202K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.53−0.067%$71K$110K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.64+0.024%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.45−0.130%$5K$109K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.68+0.057%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.70+0.073%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.72+0.090%$181K$125K20xas long as short
Lighter HOOD+0.0184%1h122.59−0.015%$2.9M$2.1M10xas long as short
Phoenix HOOD+0.0196%1h122.48−0.106%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.81+0.163%$63K$49K30xas long as short
tradeXYZ xyz:HOOD+0.0257%1h122.54−0.057%$52.6M$28.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0321%1h122.74+0.106%$8K$69K10xas long as short
edgeX HOODUSDC+0.0790%4h122.46−0.118%$369K$309K10xas long as short