HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.028%

Price spread now: Binance against BloFin−0.097%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.272%−$27 on $10k

Price spread, last 2 days (all we have)−0.072%−$7 · spread now −0.097%, 7d avg −0.019%

Together, before fees−0.344%−$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.078% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin HOOD-USDT	123.65	0.0259	pay 0.0259% / 8h	1h 59m	$188K	$123K	20x
Short	Binance HOODUSDT	123.53	0.0139	get 0.0139% / 8h	1h 59m	$23.8M	$84.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.097%Rate

Funding earned: −$25.2
Price spread: −0.097% → −0.019%: −$7.81
Slippage, 4 orders: −$11.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.17
Costs to cover: 0.332%
Break-even: never at this rate

Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 13 min ago.

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 BloFin live order book, 15 min ago	0.40 bp	6.9 bp −$7	13.6 bp −$136	50.6 bp −$5,055	doesn't fit
Sell Binance live order book, 13 min ago	0.40 bp	8.9 bp −$9	19.1 bp −$191	41.7 bp −$4,166	doesn't fit

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
Aster HOODUSDT	0.0000%	8h	123.62	−0.025%	$110K	$262K	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	123.47	−0.146%	$4.0M	$8.7M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	123.56	−0.073%	$3.0M	$5.7M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	123.57	−0.065%	$416K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	123.54	−0.089%	$554K	$7.7M	50x	as long as short
Phemex HOODUSDT	0.0000%	8h	123.54	−0.089%	$1.0M	$8K	10x	as long as short
Bitget HOODUSDT	+0.0004%	8h	123.52	−0.105%	$5.7M	$9.2M	20x	as long as short
Variational Omni HOOD	+0.0019%	8h	123.61	−0.032%	$2.4M	$1.0M	—	as long as short
Lighter HOOD	+0.0032%	1h	123.48	−0.133%	$3.0M	$2.0M	10x	as long as short
Vest HOOD-USD-PERP	+0.0046%	1h	123.42	−0.186%	—	$63K	25x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps HOOD-USD	+0.0050%	1h	123.38	−0.218%	$263K	$320K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	123.52	−0.109%	$743	$3K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	123.51	−0.113%	$1.4M	$1.3M	15x	as long as short
QFEX HOOD-USD	+0.0061%	1h	123.55	−0.081%	$1.3M	$4.1M	10x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0080%	1h	123.41	−0.194%	$196K	$1.8M	10x	as long as short
GRVT HOOD_USDT_Perp	+0.0093%	8h	123.60	−0.041%	$870K	$2.2M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	123.52	−0.108%	$80K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	123.59	−0.049%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	123.49	−0.129%	$45K	$233K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	123.55	−0.081%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	123.54	−0.090%	$16K	—	10x	as long as short
Extended HOOD_24_5-USD	+0.0136%	1h	123.51	−0.111%	$419K	$1.2M	10x	as long as short
Binance HOODUSDTshort	+0.0139%	8h	123.53	−0.097%	$23.8M	$84.3M	20x
Arcus HOOD-USD	+0.0187%	1h	123.50	−0.121%	$1.1M	$1.7M	10x	as long as short
Injective HOOD/USDC PERP	+0.0258%	1h	123.73	+0.065%	$63K	$50K	30x	as long as short
BloFin HOOD-USDTlong	+0.0259%	8h	123.65	long leg	$188K	$123K	20x
tradeXYZ xyz:HOOD	+0.0296%	1h	123.52	−0.105%	$53.1M	$30.0M	10x	as long as short
Phoenix HOOD	+0.0323%	1h	123.58	−0.057%	$28K	$188K	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0641%	1h	123.60	−0.040%	$6K	$84K	10x	as long as short
edgeX HOODUSDC	+0.0931%	4h	123.61	−0.032%	$372K	$308K	10x	as long as short