Funding you earn now, next payment 16:00 UTC+0.0328%/8h= +35.9% APRnext payment +$3.28 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against Phemex−0.016%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.432%+$43 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.016%, 7d avg +0.005%
=Funding pays, the price is against you. BloFin is 0.021% cheaper against Phemex than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 122.11 | 0 | get 0.0000% / 8h | 4h 49m | $1.0M | $8K | 10x |
| Short | BloFin HOOD-USDT | 122.09 | 0.0328 | get 0.0328% / 8h | 4h 49m | $176K | $178K | 20x |
Phemex HOODUSDT
BloFin HOOD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- $68.81
- Price spread: −0.016% → +0.005%
- −$2.09
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $42.71
- Costs to cover
- 0.240%
- Break-even
- 2.7 days
Slippage unknown: Phemex: live order book, 1 min ago; BloFin: live order book, 48 min ago. Net counts fees only.
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 Phemex live order book, 1 min ago | 3.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.82 bp | 12.5 bp −$12 | 18.9 bp −$189 | 43.3 bp −$4,332 | 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 | 122.16 | +0.039% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.04 | −0.057% | $3.7M | $7.2M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.96 | −0.123% | $2.7M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.15 | +0.033% | $566K | $6.6M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.03 | −0.066% | $5.6M | $9.0M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.99 | −0.098% | $6K | $29K | 10x | as long as short |
| Phemex HOODUSDTlong | 0.0000% | 8h | 122.11 | long leg | $1.0M | $8K | 10x | |
| Injective HOOD/USDC PERP | +0.0033% | 1h | 121.69 | −0.344% | $28K | $96K | 30x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 122.11 | 0.000% | $1.3M | $2.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.00 | −0.090% | — | $64K | 25x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
QFEX HOOD-USD
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.21 | +0.082% | $253K | $339K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.21 | +0.082% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.27 | +0.131% | $1.3M | $1.2M | 15x | as long as short |
| Lighter HOOD | +0.0064% | 1h | 122.07 | −0.035% | $2.8M | $2.9M | 10x | as long as short |
| Variational Omni HOOD | +0.0090% | 8h | 122.43 | +0.264% | $2.3M | $867K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.03 | −0.067% | $73K | $116K | 10x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.33 | +0.180% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.15 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.87 | −0.194% | $16K | — | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0111% | 8h | 122.24 | +0.106% | $1.7M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0118% | 1h | 122.11 | 0.000% | $51.6M | $24.5M | 10x | as long as short |
| Arcus HOOD-USD | +0.0160% | 1h | 122.08 | −0.025% | $1.1M | $1.9M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 122.40 | +0.237% | $232K | $1.5M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0196% | 8h | 122.38 | +0.225% | $863K | $1.7M | 10x | as long as short |
| Binance HOODUSDT | +0.0206% | 8h | 122.10 | −0.008% | $21.2M | $87.1M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0208% | 1h | 122.02 | −0.075% | $467K | $2.6M | 10x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 122.36 | +0.205% | $28K | $241K | 10x | as long as short |
| BloFin HOOD-USDTshort | +0.0328% | 8h | 122.09 | −0.016% | $176K | $178K | 20x | |
| RISEx HOOD/USDC | +0.0809% | 1h | 122.21 | +0.084% | $454K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0951% | 4h | 122.37 | +0.213% | $368K | $303K | 10x | as long as short |
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Variational Omni HOOD
Pacifica HOOD
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
KuCoin HOODUSDTM
tradeXYZ xyz:HOOD
Arcus HOOD-USD
Coinbase International HOOD-PERP-INTX
GRVT HOOD_USDT_Perp
Binance HOODUSDT
Extended HOOD_24_5-USD
Phoenix HOOD
RISEx HOOD/USDC
edgeX HOODUSDC