Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against BloFin0.000%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1401.404% of the position
Funding, last 7 days−0.347%−$35 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now 0.000%, 7d avg −0.037%
=The price spread pays, funding is against you. KuCoin is 0.037% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.037%): +$4 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. At the pace of the last 7 days (−0.347% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 120.98 | 0.0120 | pay 0.0120% / 8h | 2h 45m | $174K | $162K | 20x |
| Short | KuCoin HOODUSDTM | 120.98 | 0.0100 | get 0.0100% / 8h | 2h 45m | $1.3M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.2
- Price spread: 0.000% → −0.037%
- $3.72
- Slippage, 4 orders
- −$116.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$140.88
- Costs to cover
- 1.404%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; KuCoin: live order book, 5 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, 35 min ago | 0.82 bp | 6.8 bp −$7 | 11.7 bp −$117 | 29.1 bp −$2,906 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.31 bp | 30.7 bp −$31 | doesn't fit | 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 | 120.64 | −0.281% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0171% | 8h | 121.03 | +0.041% | $5.4M | $9.8M | 20x | as long as short |
| Gate HOOD_USDT | −0.0158% | 8h | 121.00 | +0.017% | $582K | $7.6M | 50x | as long as short |
| Polymarket Perps HOOD-USD | −0.0027% | 1h | 120.80 | −0.149% | $251K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.98 | −0.002% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.96 | −0.018% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.98 | 0.000% | $20.7M | $91.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.97 | −0.008% | $3.8M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.99 | +0.008% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.92 | −0.046% | $2.3M | $1.1M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.05 | +0.057% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.02 | +0.033% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0012% | 1h | 120.83 | −0.124% | — | $63K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.94 | −0.036% | $2.8M | $3.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.92 | −0.050% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.93 | −0.041% | $51.2M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.94 | −0.029% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.94 | −0.033% | $1.2M | $1.5M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.01 | +0.025% | $1.3M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.94 | −0.034% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTMshort | +0.0100% | 8h | 120.98 | 0.000% | $1.3M | $1.3M | 20x | |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.99 | +0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.96 | −0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.92 | −0.046% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.01 | +0.028% | $382K | $1.4M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 120.98 | long leg | $174K | $162K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 120.99 | +0.008% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.77 | −0.174% | $193K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0329% | 1h | 120.96 | −0.017% | $6K | $55K | 10x | as long as short |
| edgeX HOODUSDC | +0.0584% | 4h | 121.04 | +0.052% | $364K | $305K | 10x | as long as short |
BloFin HOOD-USDT
KuCoin HOODUSDTM
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Pacifica HOOD
ApeX Omni HOODUSDT
RISEx HOOD/USDC
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC