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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h −0.016%
Price spread now: QFEX against KuCoin−0.066%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 7 days+0.061%+$6 · spread now −0.066%, 7d avg −0.020%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HOODUSDTM121.930.0100pay 0.0100% / 8h6h 14m$1.3M$1.1M20x
ShortQFEX HOOD-USD121.850.0034get 0.0004% / 1h14m 37s$1.3M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against KuCoin. 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
−$13.93
Price spread: −0.066% → −0.020%
−$4.51
Slippage, 4 orders
−$123.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$164.17
Costs to cover
1.457%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; QFEX: 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 KuCoin live order book, 6 min ago3.28 bp86.2 bp −$86413.6 bp −$4,136doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.46 bp7.6 bp −$88.2 bp −$82doesn't fitdoesn't fit

HOOD on 29 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
Polymarket Perps HOOD-USD−0.0129%1h121.62−0.254%$252K$344K10xas long as short
Aster HOODUSDT0.0000%8h121.90−0.024%$107K$274K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.82−0.092%$359K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h121.85−0.063%$21.1M$90.6M20xas long as short
Bybit HOODUSDT0.0000%8h121.86−0.057%$3.9M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h121.86−0.057%$2.7M$6.1M20xas long as short
RISEx HOOD/USDC0.0000%1h121.86−0.062%$375K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h121.91−0.016%$576K$7.7M50xas long as short
Bitget HOODUSDT0.0000%8h121.90−0.025%$5.4M$9.6M20xas long as short
Variational Omni HOOD0.0000%8h121.84−0.072%$2.3M$1.1Mas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT HOOD_USDT_Perp0.0000%8h121.81−0.097%$854K$2.0M10xas long as short
Deribit HOOD_USDC-PERPETUAL0.0000%1h121.81−0.098%$7K$68K10xas long as short
Phemex HOODUSDT0.0000%8h121.84−0.074%$997K$9K10xas long as short
Vest HOOD-USD-PERP+0.0028%1h121.71−0.180%$63K25xas long as short
Lighter HOOD+0.0032%1h121.88−0.040%$2.9M$3.1M10xas long as short
QFEX HOOD-USDshort+0.0034%1h121.85−0.066%$1.3M$3.9M10x
Arcus HOOD-USD+0.0040%1h121.80−0.107%$1.1M$1.7M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.81−0.101%$734$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.72−0.172%$1.2M$1.6M15xas long as short
tradeXYZ xyz:HOOD+0.0062%1h121.83−0.082%$52.4M$28.0M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0064%1h121.78−0.123%$195K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h121.85−0.062%$68K$110K10xas long as short
KuCoin HOODUSDTMlong+0.0100%8h121.93long leg$1.3M$1.1M20x
ApeX Omni HOODUSDT+0.0100%1h121.78−0.123%$5K$91K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.84−0.074%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.82−0.094%$16K10xas long as short
Injective HOOD/USDC PERP+0.0186%1h121.38−0.451%$58K$57K30xas long as short
Phoenix HOOD+0.0261%1h121.96+0.025%$28K$237K10xas long as short
edgeX HOODUSDC+0.0462%4h121.79−0.113%$367K$305K10xas long as short