Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.042%
Price spread now: Bitget against BloFin+0.114%85s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.114%, 7d avg +0.023%
=The price spread pays, funding is against you. Bitget is 0.091% dearer against BloFin than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.023%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 122.74 | 0.0120 | pay 0.0120% / 8h | 7h 35m | $182K | $125K | 20x |
| Short | Bitget HOODUSDT | 122.88 | 0 | get 0.0000% / 8h | 7h 35m | $5.6M | $9.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: +0.114% → +0.023%
- $9.08
- Slippage, 4 orders
- −$16.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.9
- Costs to cover
- 0.408%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; Bitget: live order book, 3 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, 29 min ago | 0.41 bp | 7.2 bp −$7 | 9.4 bp −$94 | 20.6 bp −$2,058 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.63 bp | 11.6 bp −$12 | 28.5 bp −$285 | doesn't fit | 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 | 122.77 | +0.027% | $107K | $266K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.87 | +0.109% | $362K | $1.7M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.87 | +0.106% | $21.9M | $89.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.94 | +0.163% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.86 | +0.098% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.80 | +0.045% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.85 | +0.090% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDTshort | 0.0000% | 8h | 122.88 | +0.114% | $5.6M | $9.5M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 122.87 | +0.103% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.71 | −0.024% | $862K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.90 | +0.130% | $8K | $69K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.87 | +0.106% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.81 | +0.057% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.70 | −0.033% | $1.1M | $1.8M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0041% | 1h | 122.69 | −0.041% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.70 | −0.033% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.86 | +0.099% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.45 | −0.236% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.326% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.79 | +0.039% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.81 | +0.057% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.70 | −0.033% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.83 | +0.073% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.87 | +0.109% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 122.91 | +0.138% | $2.9M | $2.1M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 122.74 | long leg | $182K | $125K | 20x | |
| tradeXYZ xyz:HOOD | +0.0184% | 1h | 122.87 | +0.106% | $52.7M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.52 | −0.179% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.057% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0628% | 4h | 122.69 | −0.043% | $369K | $307K | 10x | as long as short |
BloFin HOOD-USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC