Funding you earn now, next payment 09:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.006%
Price spread now: Coinbase International against BloFin−0.238%58s7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$410.409% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.238%, 7d avg −0.174%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.063% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.174%). Swap the legs. The two prices were read 58 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 | 122.10 | 0.0324 | pay 0.0324% / 8h | 6h 00m | $174K | $181K | 20x |
| Short | Coinbase International HOOD-PERP-INTX | 121.81 | 0.0176 | get 0.0022% / 1h | 0m 06s | $229K | $1.6M | 10x |
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$31.09
- Price spread: −0.238% → −0.174%
- −$6.31
- Slippage, 4 orders
- −$18.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$78.3
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 45 min ago; Coinbase International: live order book, 2 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, 45 min ago | 1.64 bp | 9.1 bp −$9 | 14.9 bp −$149 | 36.4 bp −$3,642 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 2.86 bp | 9.8 bp −$10 | 17.7 bp −$177 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | 122.40 | +0.248% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.47 | +0.303% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.42 | +0.262% | $583K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.49 | +0.319% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.37 | +0.221% | $1.0M | $7K | 10x | as long as short |
| Bybit HOODUSDT | +0.0009% | 8h | 122.41 | +0.254% | $3.7M | $7.4M | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.37 | +0.221% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.23 | +0.106% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.30 | +0.164% | $253K | $338K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.34 | +0.199% | $730 | $4K | 10x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Phemex HOODUSDT
Bybit HOODUSDT
Arcus HOOD-USD
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.10 | 0.000% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.38 | +0.229% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0076% | 8h | 122.23 | +0.103% | $2.3M | $875K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.27 | +0.136% | $73K | $113K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.30 | +0.164% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.23 | +0.106% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.37 | +0.221% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.44 | +0.281% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0168% | 1h | 122.37 | +0.221% | $51.6M | $25.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXshort | +0.0176% | 1h | 121.81 | −0.238% | $229K | $1.6M | 10x | |
| Lighter HOOD | +0.0192% | 1h | 122.45 | +0.286% | $2.9M | $3.0M | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.06 | −0.033% | $28K | $239K | 10x | as long as short |
| Binance HOODUSDT | +0.0205% | 8h | 122.44 | +0.278% | $21.3M | $87.3M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0208% | 1h | 122.44 | +0.281% | $427K | $2.5M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0324% | 8h | 122.10 | long leg | $174K | $181K | 20x | |
| edgeX HOODUSDC | +0.0344% | 4h | 122.46 | +0.293% | $369K | $303K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.336% | $28K | $96K | 30x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0452% | 8h | 122.25 | +0.122% | $858K | $1.7M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0894% | 1h | 122.47 | +0.303% | $6K | $41K | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.25 | +0.122% | $437K | $1.3M | 10x | as long as short |
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
Lighter HOOD
Phoenix HOOD
Binance HOODUSDT
Extended HOOD_24_5-USD
edgeX HOODUSDC
Injective HOOD/USDC PERP
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC