Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Phemex+0.032%7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.032%, 7d avg −0.005%
=Together, before fees+0.087%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.038% dearer against Phemex than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 120.47 | 0 | get 0.0000% / 8h | 16m 27s | $986K | $8K | 10x |
| Short | GRVT HOOD_USDT_Perp | 120.51 | 0 | get 0.0000% / 8h | 16m 27s | $845K | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: +0.032% → −0.005%
- $3.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17.24
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; GRVT: live order book, 2 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, 6 min ago | 1.25 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.41 bp | 12.2 bp −$12 | 20.6 bp −$206 | 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 | −0.0440% | 1h | 120.22 | −0.208% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0166% | 8h | 120.51 | +0.033% | $597K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0151% | 8h | 120.49 | +0.017% | $5.5M | $9.9M | 20x | as long as short |
| Polymarket Perps HOOD-USD | −0.0015% | 1h | 120.28 | −0.158% | $251K | $345K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.47 | −0.003% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.39 | −0.066% | $358K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.42 | −0.042% | $20.7M | $91.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.40 | −0.058% | $3.7M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.42 | −0.042% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.39 | −0.067% | $2.2M | $1.0M | — | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perpshort | 0.0000% | 8h | 120.51 | +0.032% | $845K | $2.0M | 10x | |
| Phemex HOODUSDTlong | 0.0000% | 8h | 120.47 | long leg | $986K | $8K | 10x | |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 120.26 | −0.174% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.37 | −0.083% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.45 | −0.017% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.35 | −0.100% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.37 | −0.080% | $719 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.44 | −0.025% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.44 | −0.027% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.44 | −0.026% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.51 | +0.033% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.40 | −0.058% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.41 | −0.050% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.38 | −0.078% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.50 | +0.025% | $173K | $175K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0165% | 1h | 120.40 | −0.058% | $6K | $52K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.49 | +0.017% | $196K | $1.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0231% | 4h | 120.48 | +0.005% | $363K | $304K | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.39 | −0.066% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.51 | +0.029% | $403K | $1.4M | 10x | as long as short |
Phemex HOODUSDT
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
Coinbase International HOOD-PERP-INTX
edgeX HOODUSDC
Phoenix HOOD
RISEx HOOD/USDC