Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against BloFin−0.033%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.033%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HOOD-USDT | 120.38 | 0.0120 | pay 0.0120% / 8h | 7h 36m | $173K | $175K | 20x |
| Short | Gate HOOD_USDT | 120.34 | 0 | get 0.0000% / 8h | 7h 36m | $600K | $7.0M | 50x |
BloFin HOOD-USDT
Gate HOOD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$25.2
- Price spread: −0.033% → −0.006%
- −$2.74
- Slippage, 4 orders
- −$23.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.55
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; Gate: 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, 29 min ago | 0.41 bp | 6.4 bp −$6 | 12.3 bp −$123 | 29.3 bp −$2,925 | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.57 bp | 20.1 bp −$20 | 62.4 bp −$624 | doesn't fit | 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 | 119.92 | −0.382% | $58K | $61K | 30x | as long as short |
| Bitget HOODUSDT | −0.0065% | 8h | 120.30 | −0.066% | $5.5M | $9.8M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.36 | −0.017% | $108K | $284K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.29 | −0.076% | $355K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.32 | −0.050% | $20.8M | $91.7M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.31 | −0.058% | $3.7M | $8.6M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.27 | −0.091% | $2.7M | $6.2M | 20x | as long as short |
| Gate HOOD_USDTshort | 0.0000% | 8h | 120.34 | −0.033% | $600K | $7.0M | 50x | |
| Variational Omni HOOD | 0.0000% | 8h | 120.28 | −0.087% | $2.2M | $981K | — | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 120.33 | −0.042% | $6K | $53K | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.34 | −0.033% | $985K | $8K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0007% | 1h | 120.04 | −0.282% | — | $64K | 25x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 120.31 | −0.059% | $2.8M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0038% | 1h | 120.27 | −0.091% | $1.3M | $2.8M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.22 | −0.133% | $1.1M | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.31 | −0.058% | $50.8M | $27.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.28 | −0.083% | $251K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.31 | −0.056% | $717 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.20 | −0.150% | $1.2M | $1.4M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.30 | −0.067% | $74K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.37 | −0.008% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.18 | −0.166% | $5K | $36K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.31 | −0.058% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.31 | −0.057% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 120.38 | long leg | $173K | $175K | 20x | |
| Phoenix HOOD | +0.0133% | 1h | 120.35 | −0.025% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0200% | 1h | 119.88 | −0.415% | $195K | $1.8M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0243% | 8h | 120.31 | −0.061% | $852K | $1.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0292% | 4h | 120.34 | −0.032% | $362K | $303K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0421% | 1h | 120.41 | +0.023% | $418K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
edgeX HOODUSDC
RISEx HOOD/USDC