Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h +0.107%
Price spread now: edgeX against Phoenix+0.008%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 3 days (all we have)+0.074%+$7 · spread now +0.008%, 7d avg +0.013%
=Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix HOOD | 122.96 | 0.0196 | pay 0.0024% / 1h | 29m 01s | $28K | $239K | 10x |
| Short | edgeX HOODUSDC | 122.97 | 0.0167 | get 0.0083% / 4h | 3h 29m | $370K | $309K | 10x |
Phoenix HOOD
edgeX HOODUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phoenix. 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
- −$6.02
- Price spread: +0.008% → +0.013%
- −$0.41
- Slippage, 4 orders
- −$32.09
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$54.52
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 39 min ago; edgeX: live order book, 44 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 Phoenix live order book, 39 min ago | 4.07 bp | 13.2 bp −$13 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 5.70 bp | 10.7 bp −$11 | 19.4 bp −$194 | 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 HOODUSDT | 0.0000% | 8h | 122.84 | −0.100% | $107K | $268K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.93 | −0.028% | $364K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.95 | −0.009% | $21.9M | $89.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.97 | +0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.94 | −0.016% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.89 | −0.061% | $379K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.89 | −0.057% | $576K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.93 | −0.024% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.85 | −0.089% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.85 | −0.092% | $862K | $2.0M | 10x | as long as short |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
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 HOODUSDT | 0.0000% | 8h | 122.93 | −0.024% | $1.0M | $8K | 10x | as long as short |
| QFEX HOOD-USD | +0.0014% | 1h | 122.92 | −0.033% | $1.3M | $4.1M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0040% | 1h | 122.81 | −0.122% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.88 | −0.065% | $1.1M | $1.8M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.78 | −0.146% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.93 | −0.024% | $740 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.73 | −0.187% | $1.2M | $1.6M | 15x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 122.91 | −0.041% | $2.9M | $2.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.504% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.88 | −0.068% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.91 | −0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.84 | −0.098% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.92 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.89 | −0.056% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.94 | −0.016% | $181K | $115K | 20x | as long as short |
| tradeXYZ xyz:HOOD | +0.0160% | 1h | 122.92 | −0.033% | $52.7M | $27.8M | 10x | as long as short |
| edgeX HOODUSDCshort | +0.0167% | 4h | 122.97 | +0.008% | $370K | $309K | 10x | |
| Phoenix HOODlong | +0.0196% | 1h | 122.96 | long leg | $28K | $239K | 10x | |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.88 | −0.065% | $63K | $49K | 30x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0320% | 1h | 122.91 | −0.041% | $8K | $69K | 10x | as long as short |
Phemex HOODUSDT
QFEX HOOD-USD
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
tradeXYZ xyz:HOOD
Injective HOOD/USDC PERP
Deribit HOOD_USDC-PERPETUAL