Funding you earn now, next payment 05:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.061%
Price spread now: Polymarket Perps against BloFin+0.025%45s7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$290.294% of the position
Funding, last 7 days−0.559%−$56 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.025%, 7d avg −0.156%
=The price spread pays, funding is against you. Polymarket Perps is 0.181% dearer against BloFin than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.156%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.559% in total) that is about 2.3 days. The two prices were read 45 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 | 120.99 | 0.0120 | pay 0.0120% / 8h | 3h 03m | $174K | $161K | 20x |
| Short | Polymarket Perps HOOD-USD | 121.02 | 0.0050 | get 0.0006% / 1h | 3m 41s | $251K | $344K | 10x |
BloFin HOOD-USDT
Polymarket Perps HOOD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$14.7
- Price spread: +0.025% → −0.156%
- $18.07
- Slippage, 4 orders
- −$9.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.08
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Polymarket Perps: live order book, 48 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, 16 min ago | 0.82 bp | 6.8 bp −$7 | 11.7 bp −$117 | 29.1 bp −$2,906 | doesn't fit |
| Sell Polymarket Perps live order book, 48 min ago | 3.30 bp | 7.7 bp −$8 | 8.5 bp −$85 | 10.1 bp −$1,006 | 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 | 120.88 | −0.091% | $58K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0149% | 8h | 121.16 | +0.141% | $5.4M | $9.7M | 20x | as long as short |
| Gate HOOD_USDT | −0.0135% | 8h | 121.19 | +0.165% | $582K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.09 | +0.085% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.07 | +0.069% | $360K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.10 | +0.090% | $20.7M | $91.4M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.11 | +0.099% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.12 | +0.107% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.10 | +0.091% | $383K | $1.4M | 10x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.00 | +0.007% | $2.3M | $1.1M | — | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Variational Omni HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.93 | −0.049% | $848K | $2.0M | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.21 | +0.182% | $992K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.94 | −0.041% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0022% | 1h | 121.20 | +0.174% | $1.3M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.00 | +0.008% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.08 | +0.074% | $51.3M | $28.4M | 10x | as long as short |
| Polymarket Perps HOOD-USDshort | +0.0050% | 1h | 121.02 | +0.025% | $251K | $344K | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.13 | +0.115% | $728 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.86 | −0.107% | $1.2M | $1.5M | 15x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.09 | +0.086% | $67K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.09 | +0.083% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.091% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.19 | +0.165% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.14 | +0.121% | $16K | — | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0120% | 1h | 121.10 | +0.091% | $193K | $1.9M | 10x | as long as short |
| BloFin HOOD-USDTlong | +0.0120% | 8h | 120.99 | long leg | $174K | $161K | 20x | |
| Phoenix HOOD | +0.0132% | 1h | 120.94 | −0.041% | $28K | $238K | 10x | as long as short |
| Lighter HOOD | +0.0144% | 1h | 121.09 | +0.084% | $2.8M | $3.2M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0493% | 1h | 121.15 | +0.132% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0805% | 4h | 120.91 | −0.064% | $364K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Phemex HOODUSDT
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Lighter HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC