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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.014%
Price spread now: OKX against QFEX+0.041%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.017%+$2 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.041%, 7d avg +0.050%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HOOD-USD121.280.0053pay 0.0007% / 1h10m 15s$1.3M$3.0M10x
ShortOKX HOOD-USDT-SWAP121.330get 0.0000% / 8h2h 10m$2.7M$6.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$11.1
Price spread: +0.041% → +0.050%
−$0.86
Slippage, 4 orders
−$17.43
Fee QFEX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.39
Costs to cover
0.374%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago2.07 bp7.1 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.30 bp11.4 bp −$1124.0 bp −$240doesn'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−0.0440%1h120.56−0.594%$57K$57K30xas long as short
Bitget HOODUSDT−0.0212%8h121.34+0.049%$5.5M$9.9M20xas long as short
Gate HOOD_USDT−0.0167%8h121.32+0.033%$605K$7.7M50xas long as short
Aster HOODUSDT0.0000%8h121.24−0.035%$106K$281K20xas long as short
Extended HOOD_24_5-USD0.0000%1h121.32+0.030%$358K$1.3M10xas long as short
Binance HOODUSDT0.0000%8h121.37+0.074%$20.8M$92.1M20xas long as short
Bybit HOODUSDT0.0000%8h121.34+0.049%$3.7M$8.9M25xas long as short
OKX HOOD-USDT-SWAPshort0.0000%8h121.33+0.041%$2.7M$6.2M20x
Variational Omni HOOD0.0000%8h121.31+0.024%$2.3M$1.0Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h120.98−0.249%$856K$2.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h121.33+0.041%$993K$9K10xas long as short
Polymarket Perps HOOD-USD+0.0006%1h121.10−0.148%$251K$344K10xas long as short
Vest HOOD-USD-PERP+0.0010%1h121.04−0.198%$63K25xas long as short
Lighter HOOD+0.0040%1h121.33+0.040%$2.8M$3.2M10xas long as short
Arcus HOOD-USD+0.0040%1h121.02−0.214%$1.1M$1.7M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h121.20−0.066%$51.4M$28.1M10xas long as short
SoDEX HOOD-USD+0.0050%1h121.30+0.019%$724$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h121.00−0.231%$1.2M$1.4M15xas long as short
QFEX HOOD-USDlong+0.0053%1h121.28long leg$1.3M$3.0M10x
Pacifica HOOD+0.0100%1h121.26−0.018%$68K$105K10xas long as short
KuCoin HOODUSDTM+0.0100%8h121.16−0.099%$1.3M$1.3M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.88−0.330%$5K$41K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h121.35+0.058%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h121.31+0.021%$16K10xas long as short
RISEx HOOD/USDC+0.0109%1h121.33+0.045%$379K$1.5M10xas long as short
BloFin HOOD-USDT+0.0120%8h121.35+0.058%$174K$159K20xas long as short
Phoenix HOOD+0.0132%1h120.95−0.272%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0184%1h120.34−0.775%$192K$1.8M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0905%1h121.34+0.049%$6K$54K10xas long as short
edgeX HOODUSDC+0.0989%4h121.02−0.215%$364K$303K10xas long as short