Funding arb · Price arb /

HOOD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.008%

Price spread now: Aevo against Gate−0.088%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.088% cheaper against Gate than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HOOD_USDT	121.71	0	get 0.0000% / 8h	5h 27m	$579K	$7.7M	50x
Short	Aevo HOOD-PERP	121.60	0.0104	get 0.0013% / 1h	27m 16s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.088%Rate

Funding earned: $21.84
Price spread: −0.088% → 0.000%: −$8.83
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$17.99
Costs to cover: 0.310%
Break-even: 12.8 days

Slippage unknown: Gate: live order book, 1 min ago; Aevo: 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 Gate live order book, 1 min ago	4.11 bp	15.0 bp −$15	65.8 bp −$658	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Polymarket Perps HOOD-USD	−0.0119%	1h	121.46	−0.205%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.68	−0.028%	$106K	$279K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.63	−0.069%	$358K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.65	−0.046%	$21.0M	$90.4M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.68	−0.025%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.66	−0.041%	$2.7M	$6.0M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.64	−0.058%	$379K	$1.4M	10x	as long as short
Gate HOOD_USDTlong	0.0000%	8h	121.71	long leg	$579K	$7.7M	50x
Bitget HOODUSDT	0.0000%	8h	121.69	−0.016%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.02	+0.259%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.85	+0.114%	$855K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.72	+0.008%	$996K	$8K	10x	as long as short
QFEX HOOD-USD	+0.0024%	1h	121.65	−0.049%	$1.3M	$3.7M	10x	as long as short
Vest HOOD-USD-PERP	+0.0026%	1h	121.55	−0.131%	—	$62K	25x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.71	0.000%	$1.1M	$1.7M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0050%	1h	121.61	−0.082%	$52.0M	$28.1M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.61	−0.080%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.74	+0.025%	$1.2M	$1.5M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0056%	1h	121.54	−0.140%	$194K	$1.9M	10x	as long as short
Lighter HOOD	+0.0088%	1h	121.64	−0.055%	$2.8M	$3.1M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.63	−0.063%	$68K	$108K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.71	0.000%	$1.3M	$1.2M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.95	+0.197%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.65	−0.049%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	121.60	−0.088%	$16K	—	10x
BloFin HOOD-USDT	+0.0120%	8h	121.66	−0.041%	$174K	$159K	20x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0161%	1h	121.67	−0.033%	$7K	$68K	10x	as long as short
Phoenix HOOD	+0.0197%	1h	121.93	+0.181%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0345%	1h	121.36	−0.288%	$58K	$57K	30x	as long as short
edgeX HOODUSDC	+0.0703%	4h	121.86	+0.121%	$367K	$306K	10x	as long as short