Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0668%/8h= −73.1% APRpaid last 24h −0.114%

Price spread now: ApeX Omni against edgeX−0.013%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$20 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.195% in total (about -10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX HOODUSDC	121.50	0.0768	pay 0.0384% / 4h	10m 39s	$366K	$306K	10x
Short	ApeX Omni HOODUSDT	121.48	0.0100	get 0.0013% / 1h	10m 39s	$5K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.013%Rate

Funding earned: −$140.28
Price spread: −0.013% → 0.000%: −$1.28
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$160.57
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 48 min ago; ApeX Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 48 min ago	6.17 bp	11.2 bp −$11	20.7 bp −$207	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	−0.0440%	1h	121.28	−0.177%	$58K	$57K	30x	as long as short
Polymarket Perps HOOD-USD	−0.0104%	1h	121.32	−0.145%	$252K	$344K	10x	as long as short
Gate HOOD_USDT	−0.0065%	8h	121.54	+0.037%	$576K	$7.8M	50x	as long as short
Aster HOODUSDT	0.0000%	8h	121.51	+0.012%	$106K	$280K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.50	0.000%	$361K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.53	+0.028%	$20.9M	$90.9M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.50	+0.004%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.47	−0.021%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.53	+0.028%	$396K	$1.4M	10x	as long as short
Bitget HOODUSDT	0.0000%	8h	121.56	+0.053%	$5.4M	$9.6M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni HOOD	0.0000%	8h	121.52	+0.018%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	121.52	+0.020%	$857K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.51	+0.012%	$994K	$8K	10x	as long as short
Vest HOOD-USD-PERP	+0.0017%	1h	121.34	−0.128%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0029%	1h	121.53	+0.028%	$1.3M	$3.6M	10x	as long as short
Lighter HOOD	+0.0040%	1h	121.49	−0.007%	$2.8M	$3.1M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.43	−0.054%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.46	−0.029%	$51.7M	$28.3M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.50	+0.006%	$734	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.37	−0.103%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	121.10	−0.326%	$193K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.48	−0.011%	$68K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.56	+0.053%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDTshort	+0.0100%	1h	121.48	−0.013%	$5K	$41K	50x
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.47	−0.021%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.49	−0.008%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.50	+0.004%	$174K	$161K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.48	−0.013%	$28K	$238K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0574%	1h	121.52	+0.020%	$6K	$56K	10x	as long as short
edgeX HOODUSDClong	+0.0768%	4h	121.50	long leg	$366K	$306K	10x