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: Phemex against BloFin+0.139%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.139%, 7d avg −0.005%
=The price spread pays, funding is against you. Phemex is 0.143% dearer against BloFin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.005%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.0 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 52m | $183K | $124K | 20x |
| Short | Phemex HOODUSDT | 122.78 | 0 | get 0.0000% / 8h | 7h 52m | $1.0M | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.139% → −0.005%
- $14.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$34.87
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 12 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
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, 12 min ago | 0.41 bp | 7.2 bp −$7 | 9.4 bp −$94 | 20.6 bp −$2,058 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.25 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.59 | −0.020% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.52 | −0.072% | $362K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.55 | −0.049% | $21.9M | $89.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.53 | −0.065% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.55 | −0.049% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.53 | −0.069% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.57 | −0.033% | $560K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.63 | +0.016% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.90 | +0.235% | $2.4M | $1.1M | — | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 122.78 | +0.139% | $1.0M | $8K | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.50 | −0.090% | $1.3M | $4.3M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.63 | +0.016% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0044% | 1h | 122.62 | +0.008% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.77 | +0.130% | $739 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.58 | −0.024% | $1.2M | $1.6M | 15x | as long as short |
| edgeX HOODUSDC | +0.0054% | 4h | 123.00 | +0.315% | $370K | $307K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0060% | 1h | 122.73 | +0.098% | $267K | $333K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.56 | −0.041% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.51 | −0.079% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.56 | −0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.73 | +0.098% | $5K | $118K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.79 | +0.147% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.67 | +0.045% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 122.61 | long leg | $183K | $124K | 20x | |
| Lighter HOOD | +0.0176% | 1h | 122.52 | −0.072% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.92 | +0.253% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.163% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0239% | 1h | 122.75 | +0.114% | $8K | $70K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0314% | 8h | 122.95 | +0.276% | $860K | $2.0M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0518% | 1h | 122.49 | −0.098% | $52.6M | $28.0M | 10x | as long as short |
BloFin HOOD-USDT
Phemex HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
SoDEX HOOD-USD
edgeX HOODUSDC
Polymarket Perps HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Lighter HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL
GRVT HOOD_USDT_Perp
tradeXYZ xyz:HOOD