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

HOOD

RWAall HOOD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0421%/8h= −46.1% APRpaid last 24h −0.077%
Price spread now: Bybit against RISEx−0.027%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.128%−$13 on $10k
Price spread, last 5 days (all we have)−0.102%−$10 · spread now −0.027%, 7d avg −0.040%
Together, before fees−0.231%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.128% in total (about -12.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx HOOD/USDC120.410.0421pay 0.0053% / 1h35m 17s$418K$1.4M10x
ShortBybit HOODUSDT120.380get 0.0000% / 8h7h 35m$3.7M$8.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against RISEx. 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
−$88.43
Price spread: −0.027% → −0.040%
$1.35
Slippage, 4 orders
−$18.81
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$122.89
Costs to cover
0.358%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; Bybit: 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 RISEx live order book, 3 min ago1.66 bp4.7 bp −$57.1 bp −$71doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.83 bp12.7 bp −$1330.3 bp −$3031062.1 bp −$106.2Kdoesn'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%1h119.92−0.409%$58K$61K30xas long as short
Bitget HOODUSDT−0.0060%8h120.43+0.015%$5.5M$9.8M20xas long as short
Aster HOODUSDT0.0000%8h120.37−0.033%$108K$284K20xas long as short
Extended HOOD_24_5-USD0.0000%1h120.37−0.037%$355K$2.2M10xas long as short
Binance HOODUSDT0.0000%8h120.39−0.019%$20.8M$91.6M20xas long as short
Bybit HOODUSDTshort0.0000%8h120.38−0.027%$3.7M$8.6M25x
OKX HOOD-USDT-SWAP0.0000%8h120.38−0.027%$2.7M$6.2M20xas long as short
Gate HOOD_USDT0.0000%8h120.40−0.010%$600K$7.0M50xas long as short
Variational Omni HOOD0.0000%8h120.36−0.043%$2.2M$980Kas long as short
Phemex HOODUSDT0.0000%8h120.35−0.052%$985K$8K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest HOOD-USD-PERP+0.0006%1h120.19−0.185%$64K25xas long as short
Lighter HOOD+0.0032%1h120.35−0.051%$2.8M$3.1M10xas long as short
QFEX HOOD-USD+0.0038%1h120.39−0.019%$1.3M$2.8M10xas long as short
Arcus HOOD-USD+0.0040%1h120.32−0.077%$1.1M$1.8M10xas long as short
tradeXYZ xyz:HOOD+0.0050%1h120.33−0.069%$50.8M$27.2M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h120.31−0.085%$251K$336K10xas long as short
SoDEX HOOD-USD+0.0050%1h120.35−0.053%$718$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h120.24−0.143%$1.2M$1.4M15xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0082%1h120.36−0.044%$6K$53K10xas long as short
Pacifica HOOD+0.0100%1h120.35−0.052%$74K$107K10xas long as short
KuCoin HOODUSDTM+0.0100%8h120.38−0.027%$1.3M$1.4M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h120.27−0.118%$5K$36K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h120.35−0.052%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h120.34−0.061%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h120.41−0.002%$173K$175K20xas long as short
Phoenix HOOD+0.0133%1h120.31−0.085%$28K$238K10xas long as short
Coinbase International HOOD-PERP-INTX+0.0200%1h119.88−0.442%$195K$1.8M10xas long as short
GRVT HOOD_USDT_Perp+0.0243%8h120.31−0.088%$852K$1.9M10xas long as short
edgeX HOODUSDC+0.0292%4h120.34−0.059%$362K$303K10xas long as short
RISEx HOOD/USDClong+0.0421%1h120.41long leg$418K$1.4M10x