Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Phemex−0.041%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.041%, 7d avg −0.062%
=Together, before fees+0.159%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.020% dearer against Phemex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 121.33 | 0 | get 0.0000% / 8h | 2h 09m | $993K | $9K | 10x |
| Short | tradeXYZ xyz:HOOD | 121.28 | 0.0050 | get 0.0006% / 1h | 9m 44s | $51.5M | $28.0M | 10x |
Phemex HOODUSDT
tradeXYZ xyz:HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.041% → −0.062%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.45
- Costs to cover
- 0.300%
- Break-even
- 18.6 days
Slippage unknown: Phemex: live order book, 23 min ago; tradeXYZ: live order book, 10 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, 23 min ago | 2.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.41 bp | 10.1 bp −$10 | 14.5 bp −$145 | 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 | 120.56 | −0.635% | $57K | $57K | 30x | as long as short |
| Bitget HOODUSDT | −0.0212% | 8h | 121.40 | +0.058% | $5.5M | $9.9M | 20x | as long as short |
| Gate HOOD_USDT | −0.0167% | 8h | 121.37 | +0.033% | $605K | $7.7M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.29 | −0.035% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.31 | −0.020% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.39 | +0.049% | $20.8M | $92.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.40 | +0.058% | $3.7M | $8.9M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.42 | +0.074% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.31 | −0.017% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.98 | −0.290% | $856K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Bitget HOODUSDT
Gate HOOD_USDT
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 | 121.33 | long leg | $993K | $9K | 10x | |
| Polymarket Perps HOOD-USD | +0.0006% | 1h | 121.10 | −0.190% | $251K | $344K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0010% | 1h | 121.04 | −0.239% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.02 | −0.256% | $1.1M | $1.7M | 10x | as long as short |
| Lighter HOOD | +0.0048% | 1h | 121.38 | +0.040% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOODshort | +0.0050% | 1h | 121.28 | −0.041% | $51.5M | $28.0M | 10x | |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.30 | −0.022% | $724 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.25 | −0.066% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0053% | 1h | 121.28 | −0.041% | $1.3M | $3.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.34 | +0.005% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.24 | −0.074% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.88 | −0.371% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.35 | +0.016% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.31 | −0.021% | $16K | — | 10x | as long as short |
| RISEx HOOD/USDC | +0.0109% | 1h | 121.33 | +0.003% | $379K | $1.5M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.35 | +0.016% | $174K | $159K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 120.95 | −0.313% | $28K | $238K | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.34 | −0.816% | $192K | $1.8M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0905% | 1h | 121.34 | +0.008% | $6K | $54K | 10x | as long as short |
| edgeX HOODUSDC | +0.0989% | 4h | 121.02 | −0.257% | $364K | $303K | 10x | as long as short |
Polymarket Perps HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
Lighter HOOD
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
RISEx HOOD/USDC
BloFin HOOD-USDT
Phoenix HOOD
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC