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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h +0.057%
Price spread now: RISEx against Coinbase International−0.069%7-day average +0.189% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.073%+$7 on $10k
Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.069%, 7d avg +0.189%
Together, before fees+0.132%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.258% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.189%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International HOOD-PERP-INTX122.510.0096pay 0.0012% / 1h1h 00m$207K$1.9M10x
ShortRISEx HOOD/USDC122.420get 0.0000% / 1h1h 00m$376K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$20.16
Price spread: −0.069% → +0.189%
−$25.8
Slippage, 4 orders
−$15.51
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$77.47
Costs to cover
0.315%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; RISEx: live order book, 4 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, 4 min ago6.12 bp11.1 bp −$1115.4 bp −$154doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.63 bp4.6 bp −$56.1 bp −$61doesn'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%8h122.42−0.073%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.28−0.191%$364K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.31−0.167%$21.7M$89.6M20xas long as short
Bybit HOODUSDT0.0000%8h122.32−0.155%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.33−0.147%$2.9M$5.9M20xas long as short
RISEx HOOD/USDCshort0.0000%1h122.42−0.069%$376K$1.4M10x
Gate HOOD_USDT0.0000%8h122.44−0.057%$569K$7.9M50xas long as short
Bitget HOODUSDT0.0000%8h122.38−0.106%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.45−0.046%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.73+0.180%$866K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.33−0.147%$1.0M$8K10xas long as short
QFEX HOOD-USD+0.0014%1h122.41−0.082%$1.3M$4.0M10xas long as short
Vest HOOD-USD-PERP+0.0038%1h122.28−0.188%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.56+0.041%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.28−0.188%$254K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.38−0.106%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.72+0.171%$1.2M$1.6M15xas long as short
Lighter HOOD+0.0056%1h122.35−0.131%$2.9M$2.1M10xas long as short
Coinbase International HOOD-PERP-INTXlong+0.0096%1h122.51long leg$207K$1.9M10x
Pacifica HOOD+0.0100%1h122.44−0.060%$71K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.49−0.016%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.56+0.041%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.41−0.082%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.39−0.094%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.42−0.073%$181K$161K20xas long as short
tradeXYZ xyz:HOOD+0.0128%1h122.29−0.180%$52.4M$27.8M10xas long as short
Phoenix HOOD+0.0196%1h122.60+0.073%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.93+0.343%$63K$49K30xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0322%1h122.42−0.073%$8K$69K10xas long as short
edgeX HOODUSDC+0.0389%4h122.58+0.056%$369K$305K10xas long as short