Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.003%
Price spread now: Coinbase International against BloFin−0.082%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now −0.082%, 7d avg −0.175%
=The price spread pays, funding is against you. Coinbase International is 0.093% dearer against BloFin than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −0.175%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.233% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 122.61 | 0.0120 | pay 0.0120% / 8h | 7h 03m | $181K | $161K | 20x |
| Short | Coinbase International HOOD-PERP-INTX | 122.51 | 0.0096 | get 0.0012% / 1h | 3m 11s | $207K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$5.04
- Price spread: −0.082% → −0.175%
- $9.32
- Slippage, 4 orders
- −$18.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.16
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; Coinbase International: live order book, just now.
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, 61 min ago | 0.41 bp | 7.2 bp −$7 | 9.4 bp −$94 | 20.6 bp −$2,058 | doesn't fit |
| Sell Coinbase International live order book, just now | 6.12 bp | 11.1 bp −$11 | 15.3 bp −$153 | 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 | 122.59 | −0.015% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.50 | −0.088% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.55 | −0.049% | $21.8M | $89.4M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.53 | −0.065% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.63 | +0.013% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.59 | −0.016% | $571K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.54 | −0.057% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.66 | +0.043% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.73 | +0.098% | $866K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.52 | −0.073% | $8K | $69K | 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 | 122.57 | −0.033% | $1.0M | $8K | 10x | as long as short |
| Bybit HOODUSDT | +0.0008% | 8h | 122.54 | −0.057% | $3.9M | $8.7M | 25x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.57 | −0.033% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0038% | 1h | 122.46 | −0.122% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.71 | +0.082% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.40 | −0.171% | $255K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.56 | −0.044% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.72 | +0.090% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0064% | 1h | 122.51 | −0.083% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0096% | 1h | 122.51 | −0.082% | $207K | $1.9M | 10x | |
| Pacifica HOOD | +0.0100% | 1h | 122.57 | −0.030% | $71K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.64 | +0.024% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.67 | +0.049% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.56 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.48 | −0.103% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 122.61 | long leg | $181K | $161K | 20x | |
| tradeXYZ xyz:HOOD | +0.0128% | 1h | 122.49 | −0.098% | $52.6M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.71 | +0.082% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.93 | +0.261% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0958% | 4h | 122.74 | +0.104% | $369K | $305K | 10x | as long as short |
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Bybit HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC