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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Bybit+0.066%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HOODUSDT121.980get 0.0000% / 8h5h 26m$3.7M$7.3M25x
ShortOrderly PERP_HOOD_USDC_mythos122.060.0100get 0.0100% / 8h5h 26m$2K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.066% → 0.000%
$6.56
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
$10.56
Costs to cover
0.170%
Break-even
3.5 days
Slippage unknown: Bybit: live order book, 5 min ago; Orderly: 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, 5 min ago1.23 bp14.3 bp −$1467.8 bp −$678doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 exchanges

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%8h122.04+0.047%$110K$285K20xas long as short
Bybit HOODUSDTlong0.0000%8h121.98long leg$3.7M$7.3M25x
OKX HOOD-USDT-SWAP0.0000%8h121.91−0.057%$2.7M$5.9M20xas long as short
Gate HOOD_USDT0.0000%8h121.980.000%$581K$6.8M50xas long as short
Bitget HOODUSDT0.0000%8h121.980.000%$5.6M$9.1M20xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h122.02+0.033%$6K$41K10xas long as short
Phemex HOODUSDT0.0000%8h122.02+0.033%$999K$7K10xas long as short
Injective HOOD/USDC PERP+0.0009%1h121.69−0.238%$28K$96K30xas long as short
Lighter HOOD+0.0032%1h121.97−0.008%$2.8M$2.9M10xas long as short
Vest HOOD-USD-PERP+0.0046%1h121.95−0.025%$64K25xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:HOOD+0.0050%1h121.90−0.066%$51.4M$25.2M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h121.97−0.008%$252K$340K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.02+0.029%$727$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.01+0.025%$1.3M$1.2M15xas long as short
QFEX HOOD-USD+0.0070%1h121.82−0.131%$1.3M$2.7M10xas long as short
Variational Omni HOOD+0.0094%8h122.07+0.071%$2.3M$875Kas long as short
Pacifica HOOD+0.0100%1h121.95−0.026%$73K$116K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.06+0.066%$1.7M$1.5M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.08+0.082%$5K$29K50xas long as short
Orderly PERP_HOOD_USDC_mythosshort+0.0100%8h122.06+0.066%$2K$2K10x
Aevo HOOD-PERP+0.0104%1h122.04+0.046%$16K10xas long as short
Phoenix HOOD+0.0196%1h122.07+0.074%$28K$239K10xas long as short
Binance HOODUSDT+0.0205%8h121.99+0.007%$21.2M$86.9M20xas long as short
Extended HOOD_24_5-USD+0.0208%1h121.93−0.039%$469K$2.6M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0224%1h121.81−0.139%$229K$1.5M10xas long as short
Arcus HOOD-USD+0.0252%1h121.90−0.066%$1.1M$1.9M10xas long as short
GRVT HOOD_USDT_Perp+0.0303%8h122.06+0.066%$853K$1.7M10xas long as short
BloFin HOOD-USDT+0.0330%8h122.08+0.082%$176K$178K20xas long as short
edgeX HOODUSDC+0.0351%4h122.07+0.076%$367K$301K10xas long as short
RISEx HOOD/USDC+0.0862%1h122.14+0.127%$455K$1.3M10xas long as short