Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.037%
Price spread now: Phoenix against Aevo+0.113%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.113% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HOOD-PERP | 120.92 | 0.0104 | pay 0.0013% / 1h | 54m 46s | $16K | — | 10x |
| Short | Phoenix HOOD | 121.06 | 0.0132 | get 0.0017% / 1h | 54m 46s | $28K | $238K | 10x |
Aevo HOOD-PERP
Phoenix HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- $5.95
- Price spread: +0.113% → 0.000%
- $11.32
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$5.72
- Costs to cover
- 0.230%
- Break-even
- 13.7 days
Slippage unknown: Aevo: no order-book sample; Phoenix: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 48 min ago | 3.31 bp | 11.8 bp −$12 | 25.0 bp −$250 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0392% | 1h | 120.80 | −0.102% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0168% | 8h | 120.97 | +0.039% | $601K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0081% | 8h | 120.95 | +0.022% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.87 | −0.040% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.93 | +0.005% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.86 | −0.052% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.83 | −0.077% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.87 | −0.044% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.95 | +0.025% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.11 | +0.151% | $854K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 121.00 | +0.064% | $990K | $9K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0013% | 1h | 120.77 | −0.127% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.94 | +0.014% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.77 | −0.127% | $251K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.95 | +0.021% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.05 | +0.105% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.96 | +0.031% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.85 | −0.062% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.95 | +0.022% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.98 | +0.047% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.96 | +0.031% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERPlong | +0.0104% | 1h | 120.92 | long leg | $16K | — | 10x | |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.01 | +0.072% | $174K | $158K | 20x | as long as short |
| Phoenix HOODshort | +0.0132% | 1h | 121.06 | +0.113% | $28K | $238K | 10x | |
| Lighter HOOD | +0.0136% | 1h | 120.84 | −0.071% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | +0.006% | $197K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0243% | 1h | 120.82 | −0.085% | $51.3M | $27.9M | 10x | as long as short |
| edgeX HOODUSDC | +0.0252% | 4h | 121.09 | +0.136% | $364K | $305K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 121.00 | +0.067% | $373K | $1.5M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0578% | 1h | 120.93 | +0.006% | $6K | $53K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
edgeX HOODUSDC
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL