Funding you earn now, next payment 06:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.067%
Price spread now: Phoenix against Phemex+0.058%73s7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.058%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.070% dearer against Phemex than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 120.92 | 0 | get 0.0000% / 8h | 1h 50m | $989K | $9K | 10x |
| Short | Phoenix HOOD | 120.99 | 0.0198 | get 0.0025% / 1h | 50m 11s | $28K | $238K | 10x |
Phemex HOODUSDT
Phoenix HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $41.64
- Price spread: +0.058% → −0.012%
- $6.96
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $29.6
- Costs to cover
- 0.190%
- Break-even
- 2.0 days
Slippage unknown: Phemex: live order book, 42 min ago; Phoenix: live order book, 52 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, 42 min ago | 2.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 52 min ago | 3.31 bp | 11.8 bp −$12 | 25.0 bp −$250 | 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 | −0.099% | $58K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0171% | 8h | 120.91 | −0.008% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | −0.0084% | 8h | 120.95 | +0.025% | $5.4M | $10.0M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.94 | +0.015% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.86 | −0.051% | $357K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.90 | −0.019% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.89 | −0.025% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.85 | −0.058% | $2.7M | $6.1M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.90 | −0.016% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.97 | +0.041% | $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 HOODUSDTlong | 0.0000% | 8h | 120.92 | long leg | $989K | $9K | 10x | |
| Vest HOOD-USD-PERP | +0.0014% | 1h | 120.68 | −0.198% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.83 | −0.074% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.70 | −0.182% | $250K | $344K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.86 | −0.050% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.81 | −0.091% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.86 | −0.050% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.86 | −0.049% | $67K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.95 | +0.025% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.85 | −0.058% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.87 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.85 | −0.056% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.91 | −0.008% | $174K | $158K | 20x | as long as short |
| Lighter HOOD | +0.0160% | 1h | 120.88 | −0.034% | $2.8M | $3.2M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.93 | +0.008% | $197K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0193% | 1h | 120.82 | −0.083% | $51.3M | $27.9M | 10x | as long as short |
| Phoenix HOODshort | +0.0198% | 1h | 120.99 | +0.058% | $28K | $238K | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0247% | 1h | 120.86 | −0.050% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.95 | +0.025% | $374K | $1.4M | 10x | as long as short |
| edgeX HOODUSDC | +0.0749% | 4h | 120.95 | +0.027% | $364K | $304K | 10x | as long as short |
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
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC
edgeX HOODUSDC