Funding you earn now, next payment 07:00 UTC+0.0246%/8h= +26.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.055%
Price spread now: Phoenix against Vest+0.166%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.166% dearer against Vest than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | Vest HOOD-USD-PERP | 120.51 | 0.0019 | pay 0.0002% / 1h | 36m 01s | — | $63K | 25x |
| Short | Phoenix HOOD | 120.71 | 0.0265 | get 0.0033% / 1h | 36m 01s | $28K | $238K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Vest. 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
- $51.65
- Price spread: +0.166% → 0.000%
- $16.6
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $59.25
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 62 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 62 min ago | 2.49 bp | 10.2 bp −$10 | 21.7 bp −$217 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 120.48 | −0.025% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0174% | 8h | 120.72 | +0.174% | $599K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0084% | 8h | 120.75 | +0.199% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.70 | +0.155% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.66 | +0.127% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.68 | +0.140% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.67 | +0.133% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.61 | +0.083% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.85 | +0.279% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.75 | +0.199% | $853K | $2.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 120.73 | +0.183% | $988K | $8K | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0002% | 1h | 120.52 | +0.008% | $251K | $345K | 10x | as long as short |
| Vest HOOD-USD-PERPlong | +0.0019% | 1h | 120.51 | long leg | — | $63K | 25x | |
| Arcus HOOD-USD | +0.0040% | 1h | 120.67 | +0.133% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.68 | +0.141% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.63 | +0.100% | $51.2M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.65 | +0.114% | $723 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.59 | +0.066% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 120.66 | +0.124% | $2.8M | $3.2M | 10x | as long as short |
| edgeX HOODUSDC | +0.0086% | 4h | 120.76 | +0.209% | $363K | $304K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.64 | +0.106% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.64 | +0.108% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.80 | +0.241% | $5K | $40K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.65 | +0.116% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.65 | +0.117% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.74 | +0.191% | $173K | $168K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.133% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOODshort | +0.0265% | 1h | 120.71 | +0.166% | $28K | $238K | 10x | |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.64 | +0.108% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.73 | +0.183% | $397K | $1.4M | 10x | as long as short |
Phoenix HOOD
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_Perp
Phemex HOODUSDT
Polymarket Perps HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC