Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.054%
Price spread now: GRVT against BloFin+0.074%7-day average −0.004% · 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−$37as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.074%, 7d avg −0.004%
=Together, before fees−0.434%+ Points / potential airdropGRVT: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.078% dearer against BloFin than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.004%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 121.44 | 0.0120 | pay 0.0120% / 8h | 4h 16m | $175K | $162K | 20x |
| Short | GRVT HOOD_USDT_Perp | 121.53 | 0 | get 0.0000% / 8h | 4h 16m | $858K | $2.0M | 10x |
BloFin HOOD-USDT
GRVT HOOD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.074% → −0.004%
- $7.78
- Slippage, 4 orders
- −$23.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.1
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; GRVT: live order book, 2 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, 14 min ago | 0.41 bp | 10.5 bp −$11 | 17.0 bp −$170 | 36.6 bp −$3,655 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.41 bp | 12.8 bp −$13 | 20.2 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective HOOD/USDC PERP | −0.0440% | 1h | 121.28 | −0.132% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0111% | 1h | 121.33 | −0.091% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0055% | 8h | 121.59 | +0.124% | $577K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.57 | +0.110% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.52 | +0.064% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.55 | +0.091% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.57 | +0.107% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.55 | +0.091% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.57 | +0.107% | $398K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.57 | +0.107% | $5.4M | $9.6M | 20x | as long as short |
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.56 | +0.101% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perpshort | 0.0000% | 8h | 121.53 | +0.074% | $858K | $2.0M | 10x | |
| Phemex HOODUSDT | 0.0000% | 8h | 121.53 | +0.074% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0018% | 1h | 121.32 | −0.099% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.48 | +0.033% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.52 | +0.065% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.44 | 0.000% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.45 | +0.008% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.50 | +0.049% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.44 | 0.000% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.280% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.55 | +0.088% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.59 | +0.124% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.52 | +0.066% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.55 | +0.091% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.49 | +0.042% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 121.44 | long leg | $175K | $162K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 121.41 | −0.025% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0162% | 1h | 121.54 | +0.082% | $6K | $56K | 10x | as long as short |
| edgeX HOODUSDC | +0.0422% | 4h | 121.54 | +0.085% | $366K | $305K | 10x | as long as short |
Variational Omni HOOD
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC