Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.056%
Price spread now: OKX against BloFin−0.033%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.033%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 120.90 | 0.0120 | pay 0.0120% / 8h | 1h 14m | $173K | $162K | 20x |
| Short | OKX HOOD-USDT-SWAP | 120.86 | 0 | get 0.0000% / 8h | 1h 14m | $2.7M | $6.2M | 20x |
BloFin HOOD-USDT
OKX HOOD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.033% → −0.015%
- −$1.77
- Slippage, 4 orders
- −$20.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$69.77
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; OKX: 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, 60 min ago | 0.83 bp | 10.3 bp −$10 | 14.9 bp −$149 | 36.4 bp −$3,641 | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.89 bp | 14.2 bp −$14 | 48.6 bp −$486 | 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 | −0.0392% | 1h | 120.61 | −0.240% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0171% | 8h | 120.94 | +0.033% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0120% | 8h | 120.96 | +0.050% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.83 | −0.055% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.88 | −0.016% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.92 | +0.013% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.88 | −0.017% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAPshort | 0.0000% | 8h | 120.86 | −0.033% | $2.7M | $6.2M | 20x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.93 | +0.024% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.92 | +0.016% | $846K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.91 | +0.008% | $989K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.70 | −0.165% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.81 | −0.074% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.72 | −0.149% | $252K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.86 | −0.031% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.79 | −0.091% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.90 | 0.000% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0088% | 1h | 120.86 | −0.033% | $51.4M | $27.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.88 | −0.016% | $74K | $112K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.89 | −0.008% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.87 | −0.025% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.87 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.86 | −0.037% | $16K | — | 10x | as long as short |
| Lighter HOOD | +0.0120% | 1h | 120.87 | −0.026% | $2.8M | $3.2M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 120.90 | long leg | $173K | $162K | 20x | |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.248% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.95 | +0.041% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.96 | +0.047% | $395K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0412% | 1h | 120.84 | −0.050% | $6K | $52K | 10x | as long as short |
| edgeX HOODUSDC | +0.0588% | 4h | 120.99 | +0.073% | $364K | $305K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC