Funding you earn now, next payment 00:00 UTC−0.0757%/8h= −82.9% APRpaid last 24h −0.123%
Price spread now: Phemex against edgeX−0.017%7-day average +0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.017%, 7d avg +0.008%
=Together, before fees−0.381%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Phemex is 0.025% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.411% in total (about -21.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HOODUSDC | 123.01 | 0.0757 | pay 0.0378% / 4h | 46m 21s | $370K | $308K | 10x |
| Short | Phemex HOODUSDT | 122.99 | 0 | get 0.0000% / 8h | 46m 21s | $1.0M | $8K | 10x |
edgeX HOODUSDC
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$158.9
- Price spread: −0.017% → +0.008%
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$182.43
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 32 min ago; Phemex: live order book, 1 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 edgeX live order book, 32 min ago | 6.09 bp | 11.1 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 5.69 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0088% | 1h | 122.78 | −0.188% | $270K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.91 | −0.082% | $109K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.98 | −0.025% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 123.01 | −0.001% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.92 | −0.073% | $389K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.95 | −0.050% | $568K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 123.00 | −0.009% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.97 | −0.034% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.99 | −0.017% | $869K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.88 | −0.107% | $8K | $70K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDTshort | 0.0000% | 8h | 122.99 | −0.017% | $1.0M | $8K | 10x | |
| Injective HOOD/USDC PERP | +0.0008% | 1h | 122.91 | −0.082% | $63K | $50K | 30x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0008% | 1h | 122.84 | −0.139% | $199K | $1.9M | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0024% | 1h | 122.95 | −0.052% | $411K | $1.1M | 10x | as long as short |
| Binance HOODUSDT | +0.0025% | 8h | 122.98 | −0.028% | $22.1M | $88.3M | 20x | as long as short |
| QFEX HOOD-USD | +0.0027% | 1h | 122.92 | −0.074% | $1.3M | $4.2M | 10x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.94 | −0.054% | $2.9M | $2.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.89 | −0.099% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.85 | −0.131% | — | $63K | 25x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.97 | −0.030% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.87 | −0.115% | $1.2M | $1.7M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0069% | 1h | 122.97 | −0.034% | $52.7M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0099% | 8h | 122.94 | −0.058% | $137K | $124K | 20x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.92 | −0.071% | $71K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 123.02 | +0.007% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.97 | −0.034% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.95 | −0.050% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.95 | −0.053% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.99 | −0.017% | $28K | $239K | 10x | as long as short |
| edgeX HOODUSDClong | +0.0757% | 4h | 123.01 | long leg | $370K | $308K | 10x |
Injective HOOD/USDC PERP
Coinbase International HOOD-PERP-INTX
Extended HOOD_24_5-USD
Binance HOODUSDT
QFEX HOOD-USD
Lighter HOOD
Arcus HOOD-USD
Vest HOOD-USD-PERP
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Phoenix HOOD