Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.026%
Price spread now: BloFin against Pacifica+0.158%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.158%, 7d avg +0.042%
=Together, before fees+0.101%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.117% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HOOD | 120.97 | 0.0100 | pay 0.0013% / 1h | 56m 27s | $67K | $105K | 10x |
| Short | BloFin HOOD-USDT | 121.16 | 0.0120 | get 0.0120% / 8h | 1h 56m | $174K | $158K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Pacifica. 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: +0.158% → +0.042%
- $11.66
- Slippage, 4 orders
- −$17.16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.29
- Costs to cover
- 0.372%
- Break-even
- 42.5 days
Slippage from Pacifica: live order book, 51 min ago; BloFin: live order book, 19 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 Pacifica live order book, 51 min ago | 2.77 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 0.83 bp | 7.5 bp −$7 | 8.2 bp −$82 | 36.5 bp −$3,647 | 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 | 120.80 | −0.139% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0167% | 8h | 121.09 | +0.101% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0080% | 8h | 121.06 | +0.076% | $5.5M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.00 | +0.022% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.96 | −0.008% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.97 | −0.001% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.97 | +0.001% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.99 | +0.018% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.15 | +0.152% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.21 | +0.200% | $848K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 121.14 | +0.142% | $991K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 120.80 | −0.139% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.03 | +0.051% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.80 | −0.139% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.06 | +0.075% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.05 | +0.067% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.95 | −0.015% | $1.3M | $3.0M | 10x | as long as short |
| Lighter HOOD | +0.0096% | 1h | 121.04 | +0.058% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOODlong | +0.0100% | 1h | 120.97 | long leg | $67K | $105K | 10x | |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.12 | +0.125% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.06 | +0.076% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.08 | +0.092% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.08 | +0.091% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 121.16 | +0.158% | $174K | $158K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 121.21 | +0.200% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.519% | $192K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0249% | 1h | 120.95 | −0.015% | $51.4M | $28.1M | 10x | as long as short |
| edgeX HOODUSDC | +0.0252% | 4h | 121.09 | +0.098% | $364K | $305K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 121.05 | +0.063% | $373K | $1.5M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0494% | 1h | 121.10 | +0.109% | $6K | $53K | 10x | as long as short |
Pacifica HOOD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Lighter HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL