Funding you earn now, next payment 21:00 UTC+0.0323%/8h= +35.3% APRpaid last 24h +0.060%
Price spread now: Phoenix against Aster+0.129%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days+0.269%+$27 on $10k
+Price spread, last 3 days (all we have)−0.211%−$21 · spread now +0.129%, 7d avg −0.006%
=Together, before fees+0.058%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Phoenix is 0.136% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HOODUSDT | 123.62 | 0 | get 0.0000% / 8h | 2h 21m | $110K | $262K | 20x |
| Short | Phoenix HOOD | 123.78 | 0.0323 | get 0.0040% / 1h | 21m 36s | $28K | $188K | 10x |
Aster HOODUSDT
Phoenix HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $67.76
- Price spread: +0.129% → −0.006%
- $13.58
- Slippage, 4 orders
- −$114.01
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$47.68
- Costs to cover
- 1.290%
- Break-even
- 11.9 days
Slippage from Aster: live order book, 65 min ago; Phoenix: live order book, 61 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 Aster live order book, 65 min ago | 4.85 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 61 min ago | 3.23 bp | 10.9 bp −$11 | 23.2 bp −$232 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDTlong | 0.0000% | 8h | 123.62 | long leg | $110K | $262K | 20x | |
| Bybit HOODUSDT | 0.0000% | 8h | 123.64 | +0.016% | $4.0M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.82 | +0.162% | $3.0M | $5.7M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 123.74 | +0.097% | $556K | $7.9M | 50x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 123.77 | +0.118% | $2.4M | $1.0M | — | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 123.78 | +0.129% | $1.0M | $8K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0004% | 1h | 123.47 | −0.121% | $63K | $50K | 30x | as long as short |
| Bitget HOODUSDT | +0.0020% | 8h | 123.77 | +0.121% | $5.7M | $9.2M | 20x | as long as short |
| Polymarket Perps HOOD-USD | +0.0035% | 1h | 123.62 | 0.000% | $268K | $316K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 123.67 | +0.040% | — | $63K | 25x | as long as short |
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Variational Omni HOOD
Phemex HOODUSDT
Injective HOOD/USDC PERP
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX HOOD-USD | +0.0050% | 1h | 123.78 | +0.133% | $745 | $3K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 123.65 | +0.024% | $1.4M | $1.3M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 123.71 | +0.070% | $3.1M | $1.9M | 10x | as long as short |
| QFEX HOOD-USD | +0.0061% | 1h | 123.77 | +0.121% | $1.3M | $4.1M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0087% | 8h | 123.78 | +0.131% | $871K | $2.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 123.75 | +0.104% | $80K | $107K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.70 | +0.065% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 123.60 | −0.016% | $45K | $249K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 123.77 | +0.121% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 123.79 | +0.139% | $16K | — | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0136% | 1h | 123.80 | +0.142% | $419K | $1.2M | 10x | as long as short |
| Binance HOODUSDT | +0.0136% | 8h | 123.81 | +0.154% | $23.9M | $84.3M | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 123.41 | −0.170% | $196K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0249% | 8h | 123.76 | +0.113% | $187K | $123K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0298% | 1h | 123.78 | +0.129% | $53.2M | $30.0M | 10x | as long as short |
| Phoenix HOODshort | +0.0323% | 1h | 123.78 | +0.129% | $28K | $188K | 10x | |
| RISEx HOOD/USDC | +0.0337% | 1h | 123.78 | +0.125% | $421K | $1.4M | 10x | as long as short |
| Arcus HOOD-USD | +0.0472% | 1h | 123.72 | +0.081% | $1.1M | $1.7M | 10x | as long as short |
| edgeX HOODUSDC | +0.0695% | 4h | 123.80 | +0.145% | $372K | $307K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.1044% | 1h | 123.80 | +0.146% | $6K | $84K | 10x | as long as short |
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
QFEX HOOD-USD
GRVT HOOD_USDT_Perp
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Extended HOOD_24_5-USD
Binance HOODUSDT
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
RISEx HOOD/USDC
Arcus HOOD-USD
edgeX HOODUSDC
Deribit HOOD_USDC-PERPETUAL