Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.059%
Price spread now: BloFin against Polymarket Perps+0.108%45s7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as 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−$370.368% of the position
Funding, last 7 days+0.559%+$56 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.108%, 7d avg +0.156%
=Funding pays, the price is against you. BloFin is 0.048% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.108% now, against its 7-day average of +0.156%). If the spread goes back, that is −$5 on $10k: about 28 hours of funding at the current rate (+$4 a day). The two prices were read 45 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 | Polymarket Perps HOOD-USD | 120.31 | −0.0017 | get 0.0002% / 1h | 13m 31s | $251K | $345K | 10x |
| Short | BloFin HOOD-USDT | 120.44 | 0.0120 | get 0.0120% / 8h | 13m 31s | $173K | $175K | 20x |
Polymarket Perps HOOD-USD
BloFin HOOD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Polymarket Perps. 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
- $28.69
- Price spread: +0.108% → +0.156%
- −$4.8
- Slippage, 4 orders
- −$16.85
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.95
- Costs to cover
- 0.368%
- Break-even
- 10.2 days
Slippage from Polymarket Perps: live order book, 24 min ago; BloFin: live order book, 57 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 Polymarket Perps live order book, 24 min ago | 2.07 bp | 8.0 bp −$8 | 8.5 bp −$85 | 11.3 bp −$1,132 | doesn't fit |
| Sell BloFin live order book, 57 min ago | 3.72 bp | 10.8 bp −$11 | 14.4 bp −$144 | 44.6 bp −$4,462 | 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 | 120.22 | −0.075% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0165% | 8h | 120.56 | +0.208% | $597K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0153% | 8h | 120.57 | +0.216% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USDlong | −0.0017% | 1h | 120.31 | long leg | $251K | $345K | 10x | |
| Aster HOODUSDT | 0.0000% | 8h | 120.52 | +0.179% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.49 | +0.147% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.52 | +0.175% | $20.8M | $91.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.46 | +0.125% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.51 | +0.166% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.40 | +0.072% | $2.2M | $1.0M | — | as long as short |
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 HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.46 | +0.123% | $844K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.50 | +0.158% | $986K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.30 | −0.008% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.39 | +0.066% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.52 | +0.175% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.44 | +0.108% | $51.1M | $27.0M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.50 | +0.155% | $720 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.40 | +0.075% | $1.3M | $1.4M | 15x | as long as short |
| edgeX HOODUSDC | +0.0060% | 4h | 120.45 | +0.115% | $362K | $305K | 10x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 120.50 | +0.155% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.49 | +0.146% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.50 | +0.158% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.42 | +0.091% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.50 | +0.158% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.47 | +0.135% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 120.44 | +0.108% | $173K | $175K | 20x | |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.49 | +0.150% | $196K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0248% | 1h | 120.48 | +0.141% | $6K | $52K | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.42 | +0.091% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.57 | +0.215% | $403K | $1.4M | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
edgeX HOODUSDC
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
Phoenix HOOD
RISEx HOOD/USDC