Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h +0.040%
Price spread now: BloFin against Ondo Perps+0.066%7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.066%, 7d avg +0.107%
=Together, before fees+0.356%+ Points / potential airdropOndo Perps: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.041% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.107%). If the spread goes back, that is −$4 on $10k: about 47 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.342% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps HOOD-USD.P | 120.59 | 0.0050 | pay 0.0006% / 1h | 57m 07s | $1.2M | $1.4M | 15x |
| Short | BloFin HOOD-USDT | 120.67 | 0.0120 | get 0.0120% / 8h | 57m 07s | $173K | $165K | 20x |
Ondo Perps HOOD-USD.P
BloFin HOOD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Ondo 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
- $14.62
- Price spread: +0.066% → +0.107%
- −$4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.44
- Costs to cover
- 0.170%
- Break-even
- 10.1 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 13 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 13 min ago | 3.72 bp | 10.8 bp −$11 | 14.4 bp −$144 | 44.6 bp −$4,462 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 120.38 | −0.174% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0172% | 8h | 120.70 | +0.091% | $601K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0100% | 8h | 120.76 | +0.141% | $5.5M | $10.0M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0031% | 1h | 120.48 | −0.091% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.69 | +0.081% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.67 | +0.068% | $356K | $2.0M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.70 | +0.094% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.67 | +0.066% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.66 | +0.058% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | +0.012% | $2.3M | $1.0M | — | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
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 | 120.64 | +0.040% | $849K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 120.71 | +0.100% | $988K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 120.49 | −0.083% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.61 | +0.017% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.67 | +0.066% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.62 | +0.025% | $51.3M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.68 | +0.074% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.Plong | +0.0050% | 1h | 120.59 | long leg | $1.2M | $1.4M | 15x | |
| Lighter HOOD | +0.0056% | 1h | 120.69 | +0.079% | $2.8M | $3.1M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.68 | +0.074% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.67 | +0.066% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.63 | +0.033% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.67 | +0.066% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.66 | +0.056% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 120.67 | +0.066% | $173K | $165K | 20x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0165% | 1h | 120.67 | +0.066% | $6K | $52K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.066% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.76 | +0.141% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.75 | +0.131% | $397K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0534% | 4h | 120.67 | +0.066% | $363K | $303K | 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
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC