Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.036%
Price spread now: Phoenix against Aevo+0.452%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.452% dearer against Aevo than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HOOD-PERP | 121.49 | 0.0104 | pay 0.0013% / 1h | 55m 06s | $16K | — | 10x |
| Short | Phoenix HOOD | 122.04 | 0.0133 | get 0.0017% / 1h | 55m 06s | $28K | $239K | 10x |
Aevo HOOD-PERP
Phoenix HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aevo. 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
- $6.06
- Price spread: +0.452% → 0.000%
- $45.19
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $28.25
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 32 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 32 min ago | 4.18 bp | 13.1 bp −$13 | 28.7 bp −$287 | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 121.68 | +0.156% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.44 | −0.042% | $2.7M | $6.1M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.45 | −0.034% | $571K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.43 | −0.050% | $5.5M | $9.3M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.36 | −0.108% | $6K | $50K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 121.51 | +0.016% | $994K | $8K | 10x | as long as short |
| Variational Omni HOOD | +0.0016% | 8h | 121.90 | +0.338% | $2.3M | $938K | — | as long as short |
| edgeX HOODUSDC | +0.0016% | 4h | 121.82 | +0.269% | $367K | $302K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0019% | 1h | 121.51 | +0.016% | — | $64K | 25x | as long as short |
| Bybit HOODUSDT | +0.0021% | 8h | 121.44 | −0.042% | $3.7M | $7.8M | 25x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Variational Omni HOOD
edgeX HOODUSDC
Vest HOOD-USD-PERP
Bybit HOODUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HOOD-USD | +0.0040% | 1h | 121.48 | −0.009% | $1.1M | $1.8M | 10x | as long as short |
| Lighter HOOD | +0.0048% | 1h | 121.48 | −0.012% | $2.9M | $3.0M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.42 | −0.058% | $51.2M | $26.6M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.40 | −0.075% | $253K | $336K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.49 | −0.001% | $731 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.95 | +0.378% | $1.3M | $1.3M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 121.54 | +0.040% | $1.3M | $2.8M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.53 | +0.036% | $74K | $108K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.51 | +0.016% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.74 | +0.205% | $5K | $30K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.56 | +0.057% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERPlong | +0.0104% | 1h | 121.49 | long leg | $16K | — | 10x | |
| Phoenix HOODshort | +0.0133% | 1h | 122.04 | +0.452% | $28K | $239K | 10x | |
| Binance HOODUSDT | +0.0164% | 8h | 121.45 | −0.034% | $21.1M | $89.1M | 20x | as long as short |
| Extended HOOD_24_5-USD | +0.0168% | 1h | 121.48 | −0.010% | $361K | $2.3M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0176% | 1h | 121.91 | +0.345% | $232K | $1.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0284% | 8h | 121.55 | +0.049% | $173K | $178K | 20x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.59 | +0.081% | $30K | $94K | 30x | as long as short |
| GRVT HOOD_USDT_Perp | +0.1049% | 8h | 121.91 | +0.345% | $860K | $1.8M | 10x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 121.55 | +0.049% | $417K | $1.3M | 10x | as long as short |
Arcus HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
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
Binance HOODUSDT
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
BloFin HOOD-USDT
Injective HOOD/USDC PERP
GRVT HOOD_USDT_Perp
RISEx HOOD/USDC