Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.144%91s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as 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−$320.324% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 2 days (all we have)−0.096%−$10 · spread now +0.144%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.124% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 91 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 | Binance HOODUSDT | 122.93 | 0 | get 0.0000% / 8h | 7h 23m | $21.9M | $89.4M | 20x |
| Short | BloFin HOOD-USDT | 123.11 | 0.0120 | get 0.0120% / 8h | 7h 23m | $181K | $116K | 20x |
Binance HOODUSDT
BloFin HOOD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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: +0.144% → +0.020%
- $12.41
- Slippage, 4 orders
- −$10.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $5.19
- Costs to cover
- 0.324%
- Break-even
- 5.6 days
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 41 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 Binance live order book, 4 min ago | 0.41 bp | 6.9 bp −$7 | 14.7 bp −$147 | 49.1 bp −$4,908 | doesn't fit |
| Sell BloFin live order book, 41 min ago | 0.41 bp | 11.0 bp −$11 | 14.5 bp −$145 | 36.6 bp −$3,661 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.86 | −0.061% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.92 | −0.009% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDTlong | 0.0000% | 8h | 122.93 | long leg | $21.9M | $89.4M | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 122.95 | +0.014% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.95 | +0.014% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.95 | +0.014% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.91 | −0.019% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.94 | +0.005% | $5.5M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.01 | +0.062% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 123.10 | +0.136% | $864K | $2.0M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.94 | +0.005% | $8K | $69K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.92 | −0.011% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.92 | −0.011% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.88 | −0.043% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.97 | +0.030% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.81 | −0.100% | $260K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.92 | −0.014% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.87 | −0.051% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0072% | 1h | 122.95 | +0.016% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.483% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.91 | −0.021% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.02 | +0.071% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.95 | +0.014% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.93 | −0.003% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.92 | −0.008% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0120% | 8h | 123.11 | +0.144% | $181K | $116K | 20x | |
| tradeXYZ xyz:HOOD | +0.0151% | 1h | 122.92 | −0.011% | $52.8M | $27.7M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 123.09 | +0.127% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.88 | −0.043% | $63K | $49K | 30x | as long as short |
| edgeX HOODUSDC | +0.0492% | 4h | 123.07 | +0.109% | $370K | $307K | 10x | as long as short |
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC