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+0.0036%/8h= +3.9% APRpaid last 24h −0.029%
Price spread now: KuCoin against Coinbase International+0.188%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 3 days (all we have)−0.185%−$19 · spread now +0.188%, 7d avg +0.134%
Together, before fees−0.304%−$30 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 KuCoin is 0.054% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.134%. Mind the row above: over the last 7 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HOOD-PERP-INTX122.190.0064pay 0.0008% / 1h59m 08s$206K$1.9M10x
ShortKuCoin HOODUSDTM122.420.0100get 0.0100% / 8h6h 59m$1.3M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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
$7.56
Price spread: +0.188% → +0.134%
$5.42
Slippage, 4 orders
−$102.05
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$111.07
Costs to cover
1.240%
Break-even
109.8 days
Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 6 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 Coinbase International live order book, 5 min ago6.12 bp11.1 bp −$1115.4 bp −$154doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago0.81 bp40.9 bp −$41doesn't fitdoesn't fitdoesn'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
Aster HOODUSDT0.0000%8h122.35+0.133%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.35+0.134%$362K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.36+0.138%$21.8M$89.7M20xas long as short
Bybit HOODUSDT0.0000%8h122.36+0.139%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.35+0.131%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.34+0.126%$376K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.39+0.164%$569K$7.5M50xas long as short
Bitget HOODUSDT0.0000%8h122.47+0.229%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.45+0.216%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.43+0.197%$856K$1.9M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.40+0.172%$1.0M$8K10xas long as short
QFEX HOOD-USD+0.0014%1h122.33+0.115%$1.3M$4.0M10xas long as short
Vest HOOD-USD-PERP+0.0038%1h122.25+0.049%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.50+0.254%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.24+0.041%$254K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.35+0.131%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.28+0.074%$1.2M$1.6M15xas long as short
Lighter HOOD+0.0056%1h122.33+0.114%$2.8M$2.2M10xas long as short
Coinbase International HOOD-PERP-INTXlong+0.0064%1h122.19long leg$206K$1.9M10x
Pacifica HOOD+0.0100%1h122.34+0.121%$71K$108K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h122.42+0.188%$1.3M$1.1M20x
ApeX Omni HOODUSDT+0.0100%1h122.56+0.303%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.33+0.115%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.34+0.127%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.44+0.205%$181K$162K20xas long as short
Injective HOOD/USDC PERP+0.0186%1h122.93+0.606%$63K$49K30xas long as short
Phoenix HOOD+0.0196%1h122.60+0.336%$28K$237K10xas long as short
tradeXYZ xyz:HOOD+0.0226%1h122.33+0.115%$52.4M$27.8M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0323%1h122.31+0.098%$8K$68K10xas long as short
edgeX HOODUSDC+0.0389%4h122.58+0.318%$369K$305K10xas long as short