Funding you earn now, next payment 06:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.017%
Price spread now: tradeXYZ against BloFin−0.074%48s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.074%, 7d avg −0.065%
=Together, before fees−0.257%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 121.39 | 0.0120 | pay 0.0120% / 8h | 2h 08m | $173K | $159K | 20x |
| Short | tradeXYZ xyz:HOOD | 121.30 | 0.0050 | get 0.0006% / 1h | 8m 27s | $51.5M | $28.1M | 10x |
BloFin HOOD-USDT
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$14.7
- Price spread: −0.074% → −0.065%
- −$0.87
- Slippage, 4 orders
- −$8.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$54.3
- Costs to cover
- 0.387%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; tradeXYZ: live order book, 11 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, 7 min ago | 0.83 bp | 10.3 bp −$10 | 14.9 bp −$149 | 36.4 bp −$3,641 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.41 bp | 10.1 bp −$10 | 14.5 bp −$145 | 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 | 120.56 | −0.684% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0181% | 8h | 121.39 | 0.000% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0168% | 8h | 121.32 | −0.058% | $604K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.20 | −0.159% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.27 | −0.097% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.32 | −0.054% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.34 | −0.041% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.38 | −0.008% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.31 | −0.067% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.30 | −0.074% | $859K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
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 | 121.35 | −0.033% | $993K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0011% | 1h | 121.14 | −0.206% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0015% | 1h | 121.21 | −0.148% | $251K | $344K | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.15 | −0.198% | $1.1M | $1.7M | 10x | as long as short |
| Lighter HOOD | +0.0048% | 1h | 121.29 | −0.084% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.30 | −0.074% | $51.5M | $28.1M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.37 | −0.013% | $725 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.25 | −0.115% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.34 | −0.041% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.27 | −0.098% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.24 | −0.124% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.13 | −0.214% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.41 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.38 | −0.004% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.37 | −0.016% | $379K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 121.39 | long leg | $173K | $159K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 120.95 | −0.362% | $28K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0153% | 4h | 121.20 | −0.154% | $365K | $303K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.865% | $192K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0822% | 1h | 121.39 | 0.000% | $6K | $54K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
Arcus HOOD-USD
Lighter HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
RISEx HOOD/USDC
Phoenix HOOD
edgeX HOODUSDC
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL