HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against BloFin−0.172%828s7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as 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−$530.527% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.418%−$42 on $10k

Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.172%, 7d avg −0.010%

Together, before fees−0.278%−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.162% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 828 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	122.00	0.0120	pay 0.0120% / 8h	6h 35m	$182K	$162K	20x
Short	Gate HOOD_USDT	121.79	0	get 0.0000% / 8h	6h 35m	$577K	$7.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.172%Rate

Funding earned: −$25.2
Price spread: −0.172% → −0.010%: −$16.19
Slippage, 4 orders: −$25.69
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$94.09
Costs to cover: 0.527%
Break-even: never at this rate

Slippage from BloFin: live order book, 24 min ago; Gate: 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, 24 min ago	1.23 bp	8.5 bp −$8	12.4 bp −$124	24.6 bp −$2,460	doesn't fit
Sell Gate live order book, 3 min ago	3.29 bp	15.2 bp −$15	56.1 bp −$561	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
Polymarket Perps HOOD-USD	−0.0122%	1h	121.56	−0.361%	$252K	$344K	10x	as long as short
Aster HOODUSDT	0.0000%	8h	121.76	−0.201%	$107K	$273K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	121.75	−0.206%	$358K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	121.73	−0.221%	$21.1M	$90.8M	20x	as long as short
Bybit HOODUSDT	0.0000%	8h	121.78	−0.180%	$3.9M	$8.8M	25x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	121.76	−0.197%	$2.8M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	121.77	−0.193%	$374K	$1.4M	10x	as long as short
Gate HOOD_USDTshort	0.0000%	8h	121.79	−0.172%	$577K	$7.7M	50x
Bitget HOODUSDT	0.0000%	8h	121.82	−0.148%	$5.4M	$9.6M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	121.75	−0.208%	$2.3M	$1.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HOOD_USDT_Perp	0.0000%	8h	121.45	−0.453%	$853K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	121.72	−0.230%	$996K	$8K	10x	as long as short
Lighter HOOD	+0.0032%	1h	121.80	−0.162%	$2.9M	$3.0M	10x	as long as short
Vest HOOD-USD-PERP	+0.0033%	1h	121.62	−0.311%	—	$63K	25x	as long as short
QFEX HOOD-USD	+0.0034%	1h	121.75	−0.205%	$1.3M	$4.0M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	121.60	−0.328%	$1.1M	$1.7M	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	121.75	−0.201%	$733	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	121.60	−0.328%	$1.2M	$1.6M	15x	as long as short
Coinbase International HOOD-PERP-INTX	+0.0064%	1h	121.42	−0.475%	$196K	$1.9M	10x	as long as short
tradeXYZ xyz:HOOD	+0.0072%	1h	121.75	−0.205%	$52.5M	$28.0M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	121.78	−0.182%	$68K	$111K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	121.70	−0.246%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	121.55	−0.369%	$5K	$92K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	121.74	−0.213%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	121.73	−0.219%	$16K	—	10x	as long as short
BloFin HOOD-USDTlong	+0.0120%	8h	122.00	long leg	$182K	$162K	20x
Deribit HOOD_USDC-PERPETUAL	+0.0161%	1h	121.79	−0.172%	$7K	$68K	10x	as long as short
Injective HOOD/USDC PERP	+0.0186%	1h	121.38	−0.508%	$58K	$57K	30x	as long as short
Phoenix HOOD	+0.0261%	1h	121.63	−0.303%	$28K	$237K	10x	as long as short
edgeX HOODUSDC	+0.0374%	4h	121.36	−0.526%	$365K	$304K	10x	as long as short