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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.019%
Price spread now: BloFin against Pacifica+0.084%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.084%, 7d avg +0.044%
Together, before fees+0.156%+ Points / potential airdropPacifica: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.040% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HOOD123.010.0100pay 0.0013% / 1h24m 17s$71K$110K10x
ShortBloFin HOOD-USDT123.110.0120get 0.0120% / 8h7h 24m$181K$116K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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
$4.2
Price spread: +0.084% → +0.044%
$4
Slippage, 4 orders
−$17.92
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.72
Costs to cover
0.379%
Break-even
56.5 days
Slippage from Pacifica: live order book, 48 min ago; BloFin: live order book, 40 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 Pacifica live order book, 48 min ago2.56 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago0.41 bp11.0 bp −$1114.5 bp −$14536.6 bp −$3,661doesn'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
Aster HOODUSDT0.0000%8h122.86−0.116%$108K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.94−0.052%$364K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.94−0.054%$21.9M$89.4M20xas long as short
OKX HOOD-USDT-SWAP0.0000%8h123.00−0.006%$2.9M$5.9M20xas long as short
RISEx HOOD/USDC0.0000%1h122.95−0.046%$379K$1.4M10xas long as short
Gate HOOD_USDT0.0000%8h122.92−0.071%$576K$7.8M50xas long as short
Bitget HOODUSDT0.0000%8h122.95−0.046%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h123.01+0.002%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h123.10+0.076%$864K$2.0M10xas long as short
Phemex HOODUSDT0.0000%8h123.04+0.027%$1.0M$8K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HOODUSDT+0.0006%8h122.95−0.046%$3.9M$8.7M25xas long as short
QFEX HOOD-USD+0.0014%1h122.99−0.014%$1.3M$4.1M10xas long as short
Vest HOOD-USD-PERP+0.0040%1h122.88−0.103%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h123.00−0.006%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.81−0.160%$260K$340K10xas long as short
SoDEX HOOD-USD+0.0050%1h123.06+0.039%$741$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.89−0.095%$1.2M$1.6M15xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0075%1h123.04+0.027%$8K$69K10xas long as short
Lighter HOOD+0.0080%1h122.98−0.019%$2.9M$2.1M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0096%1h122.34−0.542%$202K$1.9M10xas long as short
Pacifica HOODlong+0.0100%1h123.01long leg$71K$110K10x
KuCoin HOODUSDTM+0.0100%8h123.02+0.011%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.95−0.046%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.93−0.063%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.92−0.068%$16K10xas long as short
BloFin HOOD-USDTshort+0.0120%8h123.11+0.084%$181K$116K20x
tradeXYZ xyz:HOOD+0.0155%1h122.92−0.071%$52.8M$27.7M10xas long as short
Phoenix HOOD+0.0196%1h123.09+0.067%$28K$239K10xas long as short
Injective HOOD/USDC PERP+0.0213%1h122.88−0.103%$63K$49K30xas long as short
edgeX HOODUSDC+0.0492%4h123.07+0.049%$370K$307K10xas long as short