Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.043%
Price spread now: Phemex against Arcus+0.074%7-day average +0.075% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.074%, 7d avg +0.075%
=The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 120.83 | 0.0040 | pay 0.0005% / 1h | 50m 10s | $1.1M | $1.8M | 10x |
| Short | Phemex HOODUSDT | 120.92 | 0 | get 0.0000% / 8h | 1h 50m | $989K | $9K | 10x |
Arcus HOOD-USD
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Arcus. 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
- −$8.46
- Price spread: +0.074% → +0.075%
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$25.01
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 4 min ago; Phemex: live order book, 42 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 Arcus live order book, 4 min ago | 0.41 bp | 2.7 bp −$3 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 42 min ago | 2.07 bp | doesn't fit | doesn't fit | 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 | −0.0392% | 1h | 120.80 | −0.025% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0171% | 8h | 120.91 | +0.066% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0084% | 8h | 120.95 | +0.099% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.94 | +0.089% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.86 | +0.023% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.90 | +0.055% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.89 | +0.050% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.85 | +0.017% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.90 | +0.058% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.97 | +0.116% | $853K | $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 HOODUSDTshort | 0.0000% | 8h | 120.92 | +0.074% | $989K | $9K | 10x | |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.68 | −0.124% | — | $63K | 25x | as long as short |
| Arcus HOOD-USDlong | +0.0040% | 1h | 120.83 | long leg | $1.1M | $1.8M | 10x | |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.70 | −0.108% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.86 | +0.024% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.81 | −0.017% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.86 | +0.025% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.86 | +0.026% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.95 | +0.099% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.85 | +0.017% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.87 | +0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.85 | +0.018% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.91 | +0.066% | $174K | $158K | 20x | as long as short |
| Lighter HOOD | +0.0160% | 1h | 120.88 | +0.041% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | +0.083% | $197K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0193% | 1h | 120.82 | −0.008% | $51.3M | $27.9M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.99 | +0.132% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0247% | 1h | 120.86 | +0.025% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.95 | +0.099% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0749% | 4h | 120.95 | +0.101% | $364K | $304K | 10x | as long as short |
Vest HOOD-USD-PERP
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
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC