Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against Phemex−0.074%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.436%+$44 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.074%, 7d avg +0.003%
=Funding pays, the price is against you. BloFin is 0.077% cheaper against Phemex than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.003%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 121.35 | 0 | get 0.0000% / 8h | 4h 35m | $993K | $8K | 10x |
| Short | BloFin HOOD-USDT | 121.26 | 0.0120 | get 0.0120% / 8h | 4h 35m | $175K | $162K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $25.2
- Price spread: −0.074% → +0.003%
- −$7.73
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.53
- Costs to cover
- 0.240%
- Break-even
- 8.8 days
Slippage unknown: Phemex: live order book, 8 min ago; BloFin: live order book, 62 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 Phemex live order book, 8 min ago | 1.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 1.64 bp | 12.1 bp −$12 | 17.8 bp −$178 | 52.0 bp −$5,199 | 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 | 121.05 | −0.247% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0136% | 1h | 121.10 | −0.206% | $251K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0034% | 8h | 121.30 | −0.041% | $572K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.32 | −0.026% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.26 | −0.074% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.29 | −0.052% | $21.0M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.28 | −0.058% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.25 | −0.082% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.29 | −0.046% | $397K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.33 | −0.016% | $5.4M | $9.6M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.22 | −0.108% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.26 | −0.071% | $856K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.27 | −0.066% | $7K | $55K | 10x | as long as short |
| Phemex HOODUSDTlong | 0.0000% | 8h | 121.35 | long leg | $993K | $8K | 10x | |
| Vest HOOD-USD-PERP | +0.0021% | 1h | 121.13 | −0.181% | — | $62K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.28 | −0.058% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 121.27 | −0.067% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.20 | −0.124% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.23 | −0.099% | $51.8M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.27 | −0.068% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.19 | −0.132% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.54 | +0.157% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.30 | −0.042% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.36 | +0.008% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.23 | −0.099% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.28 | −0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.25 | −0.079% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 121.26 | −0.074% | $175K | $162K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 121.23 | −0.099% | $27K | $238K | 10x | as long as short |
| edgeX HOODUSDC | +0.0403% | 4h | 121.25 | −0.080% | $365K | $305K | 10x | as long as short |
Phemex HOODUSDT
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
edgeX HOODUSDC