Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.020%

Price spread now: Aevo against Variational Omni−0.132%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.132% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HOOD	121.37	0	get 0.0000% / 8h	2h 03m	$2.3M	$1.0M	—
Short	Aevo HOOD-PERP	121.21	0.0104	get 0.0013% / 1h	3m 37s	$16K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee AevobpOrdersPrice spread, now −0.132%Rate

Funding earned: $21.84
Price spread: −0.132% → 0.000%: −$13.19
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.35
Costs to cover: 0.160%
Break-even: 9.4 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 1 min ago	4.08 bp	doesn't fit	34.2 bp −$342	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HOOD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective HOOD/USDC PERP	−0.0440%	1h	120.56	−0.666%	$57K	$57K	30x	as long as short
Gate HOOD_USDT	−0.0167%	8h	121.23	−0.114%	$604K	$7.7M	50x	as long as short
Bitget HOODUSDT	−0.0115%	8h	121.21	−0.131%	$5.5M	$10.0M	20x	as long as short
Aster HOODUSDT	0.0000%	8h	121.11	−0.210%	$106K	$281K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.18	−0.154%	$357K	$1.3M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.22	−0.123%	$20.9M	$92.3M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.16	−0.172%	$3.7M	$8.9M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.17	−0.164%	$2.7M	$6.2M	20x	as long as short
Variational Omni HOODlong	0.0000%	8h	121.37	long leg	$2.3M	$1.0M	—
GRVT HOOD_USDT_Perp	0.0000%	8h	121.40	+0.026%	$849K	$2.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HOODUSDT	0.0000%	8h	121.22	−0.123%	$992K	$9K	10x	as long as short
Vest HOOD-USD-PERP	+0.0012%	1h	121.03	−0.279%	—	$63K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0026%	1h	121.06	−0.254%	$251K	$344K	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.18	−0.156%	$1.1M	$1.7M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.17	−0.164%	$724	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.28	−0.073%	$1.2M	$1.4M	15x	as long as short
tradeXYZ xyz:HOOD	+0.0051%	1h	121.14	−0.188%	$51.4M	$28.1M	10x	as long as short
QFEX HOOD-USD	+0.0053%	1h	121.21	−0.131%	$1.3M	$3.0M	10x	as long as short
Lighter HOOD	+0.0072%	1h	121.18	−0.157%	$2.8M	$3.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.14	−0.191%	$67K	$105K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.24	−0.106%	$1.3M	$1.3M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.22	−0.123%	$5K	$41K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.23	−0.114%	$2K	$2K	10x	as long as short
Aevo HOOD-PERPshort	+0.0104%	1h	121.21	−0.132%	$16K	—	10x
RISEx HOOD/USDC	+0.0109%	1h	121.26	−0.086%	$376K	$1.5M	10x	as long as short
BloFin HOOD-USDT	+0.0120%	8h	121.39	+0.017%	$173K	$159K	20x	as long as short
Phoenix HOOD	+0.0132%	1h	121.27	−0.081%	$28K	$238K	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0184%	1h	120.34	−0.848%	$192K	$1.8M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0328%	1h	121.20	−0.139%	$6K	$54K	10x	as long as short
edgeX HOODUSDC	+0.0905%	4h	121.38	+0.011%	$365K	$304K	10x	as long as short