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+0.0014%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h −0.102%
Price spread now: QFEX against RISEx−0.011%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.161%−$16 on $10k
Price spread, last 5 days (all we have)−0.196%−$20 · spread now −0.011%, 7d avg −0.063%
Together, before fees−0.357%−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.052% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.063%. Mind the row above: over the last 3 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx HOOD/USDC122.340get 0.0000% / 1h59m 21s$376K$1.4M10x
ShortQFEX HOOD-USD122.330.0014get 0.0002% / 1h59m 21s$1.3M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$3.01
Price spread: −0.011% → −0.063%
$5.16
Slippage, 4 orders
−$7.63
Fee RISEx: 3 bp × 2 orders
−$6
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$15.47
Costs to cover
0.236%
Break-even
43.0 days
Slippage from RISEx: live order book, 4 min ago; QFEX: live order book, 9 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, 4 min ago1.63 bp4.6 bp −$55.7 bp −$57doesn't fitdoesn't fit
Sell QFEX live order book, 9 min ago2.04 bp7.3 bp −$710.1 bp −$101doesn'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
Aster HOODUSDT0.0000%8h122.33−0.014%$107K$268K20xas long as short
Extended HOOD_24_5-USD0.0000%1h122.35+0.009%$362K$1.4M10xas long as short
Binance HOODUSDT0.0000%8h122.38+0.032%$21.8M$89.7M20xas long as short
Bybit HOODUSDT0.0000%8h122.40+0.046%$3.9M$8.7M25xas long as short
OKX HOOD-USDT-SWAP0.0000%8h122.40+0.046%$2.9M$5.9M20xas long as short
RISEx HOOD/USDClong0.0000%1h122.34long leg$376K$1.4M10x
Gate HOOD_USDT0.0000%8h122.41+0.054%$569K$7.5M50xas long as short
Bitget HOODUSDT0.0000%8h122.47+0.103%$5.5M$9.5M20xas long as short
Variational Omni HOOD0.0000%8h122.45+0.090%$2.3M$1.1Mas long as short
GRVT HOOD_USDT_Perp0.0000%8h122.43+0.071%$856K$1.9M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HOODUSDT0.0000%8h122.40+0.046%$1.0M$8K10xas long as short
QFEX HOOD-USDshort+0.0014%1h122.33−0.011%$1.3M$4.0M10x
Vest HOOD-USD-PERP+0.0038%1h122.25−0.076%$63K25xas long as short
Arcus HOOD-USD+0.0040%1h122.50+0.128%$1.1M$1.8M10xas long as short
Polymarket Perps HOOD-USD+0.0050%1h122.24−0.085%$254K$345K10xas long as short
SoDEX HOOD-USD+0.0050%1h122.35+0.005%$737$4K10xas long as short
Ondo Perps HOOD-USD.P+0.0050%1h122.28−0.052%$1.2M$1.6M15xas long as short
Lighter HOOD+0.0056%1h122.35+0.004%$2.8M$2.1M10xas long as short
Coinbase International HOOD-PERP-INTX+0.0064%1h122.19−0.125%$206K$1.9M10xas long as short
Pacifica HOOD+0.0100%1h122.34−0.004%$71K$108K10xas long as short
KuCoin HOODUSDTM+0.0100%8h122.44+0.079%$1.3M$1.1M20xas long as short
ApeX Omni HOODUSDT+0.0100%1h122.56+0.177%$5K$107K50xas long as short
Orderly PERP_HOOD_USDC_mythos+0.0100%8h122.33−0.011%$2K$2K10xas long as short
Aevo HOOD-PERP+0.0104%1h122.34+0.001%$16K10xas long as short
BloFin HOOD-USDT+0.0120%8h122.42+0.062%$181K$161K20xas long as short
Injective HOOD/USDC PERP+0.0186%1h122.93+0.479%$63K$49K30xas long as short
Phoenix HOOD+0.0196%1h122.60+0.210%$28K$237K10xas long as short
tradeXYZ xyz:HOOD+0.0214%1h122.37+0.022%$52.4M$27.8M10xas long as short
Deribit HOOD_USDC-PERPETUAL+0.0323%1h122.31−0.027%$8K$68K10xas long as short
edgeX HOODUSDC+0.0389%4h122.58+0.193%$369K$305K10xas long as short