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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.001%
Price spread now: KuCoin against Lighter−0.041%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.285%−$28 on $10k
Price spread, last 7 days+0.029%+$3 · spread now −0.041%, 7d avg +0.008%
Together, before fees−0.255%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.049% cheaper against Lighter than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.008%). If the spread goes back, that is −$5 on $10k: about 14 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter HOOD120.800.0088pay 0.0011% / 1h24m 21s$2.8M$3.2M10x
ShortKuCoin HOODUSDTM120.750.0100get 0.0100% / 8h1h 24m$1.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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
$2.52
Price spread: −0.041% → +0.008%
−$4.92
Slippage, 4 orders
−$91.42
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$105.82
Costs to cover
1.034%
Break-even
300.9 days
Slippage from Lighter: live order book, 13 min ago; KuCoin: live order book, 11 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 Lighter live order book, 13 min ago1.24 bp1.6 bp −$25.5 bp −$55doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago2.49 bp36.7 bp −$37doesn't fitdoesn'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
Injective HOOD/USDC PERP−0.0392%1h120.34−0.381%$57K$57K30xas long as short
Gate HOOD_USDT−0.0177%8h120.86+0.050%$600K$7.7M50xas long as short
Bitget HOODUSDT−0.0170%8h120.89+0.075%$5.4M$9.9M20xas long as short
Aster HOODUSDT0.0000%8h120.82+0.017%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.82+0.013%$356K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.85+0.043%$20.8M$92.4M20xas long as short
Bybit HOODUSDT0.0000%8h120.81+0.008%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.86+0.050%$2.7M$6.2M20xas long as short
Variational Omni HOOD0.0000%8h120.83+0.028%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.71−0.075%$845K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.85+0.041%$989K$9K10xas long as short
Vest HOOD-USD-PERP+0.0017%1h120.62−0.149%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.67−0.108%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.62−0.149%$251K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.85+0.041%$722$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.56−0.199%$1.2M$1.4M15xas long as short
QFEX HOOD-USD+0.0062%1h120.82+0.017%$1.3M$2.9M10xas long as short
tradeXYZ xyz:HOOD+0.0081%1h120.75−0.041%$51.3M$27.7M10xas long as short
Lighter HOODlong+0.0088%1h120.80long leg$2.8M$3.2M10x
Pacifica HOOD+0.0100%1h120.83+0.028%$67K$106K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h120.75−0.041%$1.3M$1.3M20x
ApeX Omni HOODUSDT+0.0100%1h120.63−0.141%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.81+0.008%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.80+0.001%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.90+0.083%$174K$160K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60−0.166%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.61−0.157%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0365%1h120.86+0.049%$395K$1.4M10xas long as short
edgeX HOODUSDC+0.0415%4h120.67−0.106%$363K$303K10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0578%1h120.81+0.008%$6K$52K10xas long as short