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+0.0038%/8h= +4.1% APRpaid last 24h +0.016%
Price spread now: KuCoin against QFEX+0.058%56s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1481.478% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.034%−$3 on $10k
Price spread, last 7 days−0.012%−$1 · spread now +0.058%, 7d avg +0.022%
Together, before fees−0.045%−$5 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 KuCoin is 0.036% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HOOD-USD120.580.0062pay 0.0008% / 1h37m 40s$1.3M$3.0M10x
ShortKuCoin HOODUSDTM120.650.0100get 0.0100% / 8h1h 37m$1.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against QFEX. 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
$7.91
Price spread: +0.058% → +0.022%
$3.63
Slippage, 4 orders
−$125.85
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$136.31
Costs to cover
1.478%
Break-even
127.6 days
Slippage from QFEX: live order book, 5 min ago; KuCoin: live order book, 8 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 QFEX live order book, 5 min ago2.07 bp7.2 bp −$78.9 bp −$89doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago2.48 bp37.6 bp −$38doesn'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%1h120.80+0.182%$58K$57K30xas long as short
Gate HOOD_USDT−0.0178%8h120.70+0.100%$599K$7.7M50xas long as short
Bitget HOODUSDT−0.0134%8h120.67+0.075%$5.4M$10.0M20xas long as short
Aster HOODUSDT0.0000%8h120.63+0.037%$105K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.60+0.018%$356K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h120.62+0.031%$20.8M$92.3M20xas long as short
Bybit HOODUSDT0.0000%8h120.60+0.017%$3.7M$8.8M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h120.63+0.041%$2.7M$6.1M20xas long as short
Variational Omni HOOD0.0000%8h120.71+0.107%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.71+0.110%$853K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h120.63+0.041%$987K$9K10xas long as short
Vest HOOD-USD-PERP+0.0015%1h120.42−0.133%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h120.580.000%$1.1M$1.7M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.42−0.133%$250K$344K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.56−0.017%$720$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.580.000%$1.2M$1.4M15xas long as short
QFEX HOOD-USDlong+0.0062%1h120.58long leg$1.3M$3.0M10x
Deribit HOOD_USDC-PERPETUAL+0.0082%1h120.56−0.017%$6K$52K10xas long as short
Lighter HOOD+0.0088%1h120.60+0.020%$2.8M$3.2M10xas long as short
Pacifica HOOD+0.0100%1h120.60+0.013%$67K$106K10xas long as short
KuCoin HOODUSDTMshort+0.0100%8h120.65+0.058%$1.3M$1.3M20x
ApeX Omni HOODUSDT+0.0100%1h120.63+0.041%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.56−0.017%$2K$2K10xas long as short
tradeXYZ xyz:HOOD+0.0104%1h120.57−0.008%$51.2M$27.8M10xas long as short
Aevo HOOD-PERP+0.0104%1h120.57−0.010%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.74+0.133%$175K$160K20xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.60+0.017%$196K$1.8M10xas long as short
Phoenix HOOD+0.0198%1h120.79+0.174%$28K$238K10xas long as short
RISEx HOOD/USDC+0.0365%1h120.64+0.050%$373K$1.4M10xas long as short
edgeX HOODUSDC+0.0745%4h120.74+0.132%$363K$303K10xas long as short