Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.059%
Price spread now: BloFin against Polymarket Perps+0.148%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.335% of the position
Funding, last 7 days+0.557%+$56 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.148%, 7d avg +0.156%
=The price spread sits at its 7-day average of +0.156%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps HOOD-USD | 121.32 | −0.0104 | get 0.0013% / 1h | 11m 23s | $252K | $344K | 10x |
| Short | BloFin HOOD-USDT | 121.50 | 0.0120 | get 0.0120% / 8h | 4h 11m | $174K | $161K | 20x |
Funding 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
- $46.96
- Price spread: +0.148% → +0.156%
- −$0.72
- Slippage, 4 orders
- −$13.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.74
- Costs to cover
- 0.335%
- Break-even
- 5.1 days
Slippage from Polymarket Perps: live order book, 46 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 Polymarket Perps live order book, 46 min ago | 2.88 bp | 8.4 bp −$8 | 8.5 bp −$85 | 10.7 bp −$1,069 | doesn't fit |
| Sell BloFin live order book, 19 min ago | 0.41 bp | 7.7 bp −$8 | 12.0 bp −$120 | 41.6 bp −$4,157 | 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 | 121.28 | −0.033% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USDlong | −0.0104% | 1h | 121.32 | long leg | $252K | $344K | 10x | |
| Gate HOOD_USDT | −0.0064% | 8h | 121.53 | +0.173% | $577K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.50 | +0.152% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.51 | +0.153% | $361K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.54 | +0.181% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.50 | +0.148% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.47 | +0.124% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.53 | +0.177% | $396K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.56 | +0.198% | $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 | 121.51 | +0.160% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.52 | +0.165% | $857K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.51 | +0.157% | $994K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 121.34 | +0.016% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.53 | +0.173% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.45 | +0.110% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | +0.091% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.46 | +0.115% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.50 | +0.151% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.37 | +0.041% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.181% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.50 | +0.147% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.55 | +0.190% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.48 | +0.132% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.47 | +0.124% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.49 | +0.137% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 121.50 | +0.148% | $174K | $161K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 121.48 | +0.132% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0574% | 1h | 121.52 | +0.165% | $6K | $56K | 10x | as long as short |
| edgeX HOODUSDC | +0.0768% | 4h | 121.50 | +0.145% | $366K | $306K | 10x | as long as short |
Polymarket Perps HOOD-USD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
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
Phemex HOODUSDT
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC