Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h +0.014%

Price spread now: Vest against OKX−0.098%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Vest is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 8.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HOOD-USDT-SWAP	122.40	0	get 0.0000% / 8h	7h 00m	$2.9M	$5.9M	20x
Short	Vest HOOD-USD-PERP	122.28	0.0038	get 0.0005% / 1h	0m 20s	—	$63K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against OKX. 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 OKXbpFee VestbpOrdersPrice spread, now −0.098%Rate

Funding earned: $7.91
Price spread: −0.098% → 0.000%: −$9.8
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$13.89
Costs to cover: 0.120%
Break-even: 19.3 days

Slippage unknown: OKX: live order book, 3 min ago; Vest: 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 OKX live order book, 3 min ago	2.04 bp	11.5 bp −$12	27.4 bp −$274	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster HOODUSDT	0.0000%	8h	122.41	+0.008%	$107K	$268K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	122.42	+0.018%	$364K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	122.45	+0.045%	$21.8M	$89.4M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	122.42	+0.016%	$3.9M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAPlong	0.0000%	8h	122.40	long leg	$2.9M	$5.9M	20x
RISEx HOOD/USDC	0.0000%	1h	122.42	+0.020%	$376K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.46	+0.049%	$569K	$7.9M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.49	+0.074%	$5.5M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.45	+0.044%	$2.3M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	122.73	+0.270%	$866K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	122.49	+0.074%	$1.0M	$8K	10x	as long as short
QFEX HOOD-USD	+0.0014%	1h	122.41	+0.008%	$1.3M	$4.0M	10x	as long as short
Vest HOOD-USD-PERPshort	+0.0038%	1h	122.28	−0.098%	—	$63K	25x
Arcus HOOD-USD	+0.0040%	1h	122.56	+0.131%	$1.1M	$1.8M	10x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	122.28	−0.098%	$254K	$345K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	122.44	+0.031%	$738	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.72	+0.261%	$1.2M	$1.6M	15x	as long as short
Lighter HOOD	+0.0056%	1h	122.44	+0.029%	$2.9M	$2.1M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0077%	1h	122.40	0.000%	$8K	$69K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	122.51	+0.090%	$207K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	122.44	+0.029%	$71K	$108K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	122.48	+0.065%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.56	+0.131%	$5K	$107K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.41	+0.008%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.39	−0.004%	$16K	—	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	122.42	+0.016%	$181K	$161K	20x	as long as short
tradeXYZ xyz:HOOD	+0.0127%	1h	122.41	+0.008%	$52.5M	$27.7M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.60	+0.163%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0213%	1h	122.93	+0.433%	$63K	$49K	30x	as long as short
edgeX HOODUSDC	+0.0389%	4h	122.58	+0.146%	$369K	$305K	10x	as long as short