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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0624%/8h= +68.3% APRnext payment +$0.78 per $10,000 · paid last 24h +0.011%
Price spread now: Coinbase International against Injective+0.108%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 7 days+0.339%+$34 on $10k
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 +$19 a day on $10k at the current rate, and Coinbase International is 0.108% dearer against Injective than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.339% in total (about 17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HOOD/USDC PERP120.64−0.0440get 0.0055% / 1h44m 48s$57K$57K30x
ShortCoinbase International HOOD-PERP-INTX120.770.0184get 0.0023% / 1h44m 48s$193K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$131.04
Price spread: +0.108% → 0.000%
$10.78
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$131.8
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 4 min ago. 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 Injective no order-book sample
Sell Coinbase International live order book, 4 min ago3.72 bp14.0 bp −$1416.5 bp −$165doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective HOOD/USDC PERPlong−0.0440%1h120.64long leg$57K$57K30x
Bitget HOODUSDT−0.0171%8h121.03+0.323%$5.4M$9.8M20xas long as short
Gate HOOD_USDT−0.0158%8h121.01+0.307%$582K$7.6M50xas long as short
Polymarket Perps HOOD-USD−0.0027%1h120.80+0.133%$251K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.02+0.316%$106K$280K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.00+0.297%$358K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.03+0.323%$20.7M$91.5M20xas long as short
Bybit HOODUSDT0.0000%8h120.99+0.290%$3.8M$8.9M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.01+0.307%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.92+0.235%$2.3M$1.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.05+0.339%$849K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h121.02+0.315%$990K$9K10xas long as short
Vest HOOD-USD-PERP+0.0012%1h120.83+0.157%$63K25xas long as short
Lighter HOOD+0.0032%1h120.94+0.245%$2.8M$3.2M10xas long as short
Arcus HOOD-USD+0.0040%1h120.92+0.232%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.90+0.216%$51.2M$28.3M10xas long as short
SoDEX HOOD-USD+0.0050%1h120.94+0.253%$724$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.94+0.249%$1.2M$1.5M15xas long as short
QFEX HOOD-USD+0.0053%1h121.01+0.307%$1.3M$3.1M10xas long as short
Pacifica HOOD+0.0100%1h120.94+0.248%$67K$107K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.00+0.298%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.99+0.290%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.96+0.265%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.92+0.236%$16K10xas long as short
RISEx HOOD/USDC+0.0109%1h121.01+0.310%$382K$1.4M10xas long as short
BloFin HOOD-USDT+0.0120%8h120.98+0.282%$174K$162K20xas long as short
Phoenix HOOD+0.0132%1h120.99+0.290%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTXshort+0.0184%1h120.77+0.108%$193K$1.8M10x
Deribit HOOD_USDC-PERPETUAL+0.0329%1h120.96+0.265%$6K$55K10xas long as short
edgeX HOODUSDC+0.0584%4h121.04+0.334%$364K$305K10xas long as short