HOOD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.69 per $10,000 · paid last 24h −0.056%

Price spread now: Bybit against BloFin+0.171%102s7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as 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−$460.456% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.171%, 7d avg −0.024%

Together, before fees−0.516%−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.195% dearer against BloFin than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of −0.024%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 7 days (−0.323% in total) that is about 4.2 days. The two prices were read 102 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	122.52	0.0120	pay 0.0120% / 8h	7h 47m	$183K	$124K	20x
Short	Bybit HOODUSDT	122.73	0.0051	get 0.0051% / 8h	7h 47m	$3.9M	$8.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.171%Rate

Funding earned: −$14.51
Price spread: +0.171% → −0.024%: $19.51
Slippage, 4 orders: −$22.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$40.64
Costs to cover: 0.456%
Break-even: never at this rate

Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 1 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, 17 min ago	0.41 bp	7.2 bp −$7	9.4 bp −$94	20.6 bp −$2,058	doesn't fit
Sell Bybit live order book, 1 min ago	1.22 bp	14.4 bp −$14	44.8 bp −$448	954.7 bp −$95.5K	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	122.63	+0.089%	$107K	$267K	20x	as long as short
Extended HOOD_24_5-USD	0.0000%	1h	122.68	+0.129%	$363K	$1.4M	10x	as long as short
Binance HOODUSDT	0.0000%	8h	122.71	+0.155%	$22.0M	$89.2M	20x	as long as short
OKX HOOD-USDT-SWAP	0.0000%	8h	122.73	+0.171%	$2.9M	$5.9M	20x	as long as short
RISEx HOOD/USDC	0.0000%	1h	122.67	+0.127%	$382K	$1.4M	10x	as long as short
Gate HOOD_USDT	0.0000%	8h	122.66	+0.114%	$565K	$7.8M	50x	as long as short
Bitget HOODUSDT	0.0000%	8h	122.76	+0.196%	$5.6M	$9.5M	20x	as long as short
Variational Omni HOOD	0.0000%	8h	122.48	−0.032%	$2.4M	$1.1M	—	as long as short
GRVT HOOD_USDT_Perp	0.0000%	8h	122.46	−0.046%	$860K	$2.0M	10x	as long as short
Phemex HOODUSDT	0.0000%	8h	122.63	+0.090%	$1.0M	$8K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX HOOD-USD	+0.0014%	1h	122.72	+0.163%	$1.3M	$4.2M	10x	as long as short
Arcus HOOD-USD	+0.0040%	1h	122.53	+0.008%	$1.1M	$1.7M	10x	as long as short
Vest HOOD-USD-PERP	+0.0043%	1h	122.53	+0.008%	—	$63K	25x	as long as short
Polymarket Perps HOOD-USD	+0.0050%	1h	122.57	+0.041%	$265K	$335K	10x	as long as short
SoDEX HOOD-USD	+0.0050%	1h	122.53	+0.009%	$738	$4K	10x	as long as short
Ondo Perps HOOD-USD.P	+0.0050%	1h	122.40	−0.098%	$1.2M	$1.6M	15x	as long as short
Bybit HOODUSDTshort	+0.0051%	8h	122.73	+0.171%	$3.9M	$8.7M	25x
Coinbase International HOOD-PERP-INTX	+0.0096%	1h	122.34	−0.147%	$202K	$1.9M	10x	as long as short
Pacifica HOOD	+0.0100%	1h	122.65	+0.107%	$71K	$110K	10x	as long as short
KuCoin HOODUSDTM	+0.0100%	8h	122.65	+0.106%	$1.3M	$1.1M	20x	as long as short
ApeX Omni HOODUSDT	+0.0100%	1h	122.45	−0.057%	$5K	$109K	50x	as long as short
Orderly PERP_HOOD_USDC_mythos	+0.0100%	8h	122.57	+0.041%	$2K	$2K	10x	as long as short
Aevo HOOD-PERP	+0.0104%	1h	122.60	+0.064%	$16K	—	10x	as long as short
BloFin HOOD-USDTlong	+0.0120%	8h	122.52	long leg	$183K	$124K	20x
Lighter HOOD	+0.0184%	1h	122.67	+0.121%	$2.9M	$2.1M	10x	as long as short
Phoenix HOOD	+0.0196%	1h	122.48	−0.033%	$28K	$239K	10x	as long as short
Injective HOOD/USDC PERP	+0.0213%	1h	122.81	+0.237%	$63K	$49K	30x	as long as short
tradeXYZ xyz:HOOD	+0.0294%	1h	122.65	+0.106%	$52.6M	$28.0M	10x	as long as short
Deribit HOOD_USDC-PERPETUAL	+0.0730%	1h	122.58	+0.049%	$8K	$69K	10x	as long as short
edgeX HOODUSDC	+0.0790%	4h	122.46	−0.045%	$369K	$309K	10x	as long as short