Funding arb · Price arb /

HOOD

RWAall HOOD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.042%

Price spread now: Variational Omni against Vest+0.079%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Variational Omni is 0.079% dearer against Vest than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HOOD-USD-PERP	122.75	0.0043	pay 0.0005% / 1h	13m 18s	—	$63K	25x
Short	Variational Omni HOOD	122.85	0	get 0.0000% / 8h	13m 18s	$2.4M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.079%Rate

Funding earned: −$8.97
Price spread: +0.079% → 0.000%: $7.92
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.05
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 1 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	3.22 bp	doesn't fit	6.6 bp −$66	doesn't fit	doesn't fit

Vest: 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
Polymarket Perps HOOD-USD	−0.0027%	1h	122.68	−0.057%	$269K	$332K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	122.79	+0.029%	$108K	$263K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	122.81	+0.051%	$411K	$1.1M	10x	as long as short
Bybit HOODUSDT	0.0000%	8h	122.84	+0.073%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	122.83	+0.065%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	122.78	+0.020%	$382K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.86	+0.090%	$567K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.83	+0.065%	$5.5M	$9.6M	20x	as long as short
Variational Omni HOODshort	0.0000%	8h	122.85	+0.079%	$2.4M	$1.1M	—
GRVT HOOD_USDT_Perp	0.0000%	8h	122.83	+0.069%	$861K	$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	122.86	+0.090%	$1.0M	$8K	10x	as long as short
Binance HOODUSDT	+0.0002%	8h	122.83	+0.068%	$21.9M	$88.8M	20x	as long as short
Injective HOOD/USDC PERP	+0.0008%	1h	122.80	+0.041%	$63K	$50K	30x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0008%	1h	122.84	+0.073%	$199K	$1.9M	10x	as long as short
BloFin HOOD-USDT	+0.0009%	8h	122.82	+0.057%	$182K	$125K	20x	as long as short
QFEX HOOD-USD	+0.0027%	1h	122.80	+0.041%	$1.3M	$4.3M	10x	as long as short
Lighter HOOD	+0.0032%	1h	122.81	+0.049%	$2.9M	$2.3M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	122.74	−0.008%	$1.1M	$1.7M	10x	as long as short
Vest HOOD-USD-PERPlong	+0.0043%	1h	122.75	long leg	—	$63K	25x
tradeXYZ xyz:HOOD	+0.0050%	1h	122.80	+0.041%	$52.6M	$29.7M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	122.80	+0.038%	$737	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.72	−0.024%	$1.2M	$1.7M	15x	as long as short
Pacifica HOOD	+0.0100%	1h	122.78	+0.021%	$71K	$114K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	122.82	+0.057%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.76	+0.008%	$5K	$132K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.76	+0.008%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.80	+0.039%	$16K	—	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.84	+0.073%	$28K	$239K	10x	as long as short
edgeX HOODUSDC	+0.0534%	4h	122.82	+0.053%	$369K	$309K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0565%	1h	122.86	+0.090%	$8K	$70K	10x	as long as short