Funding you earn now, next payment 10:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.045%
Price spread now: Phoenix against Binance+0.013%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.013%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.115%, 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 | Binance HOODUSDT | 122.05 | 0.0206 | pay 0.0206% / 8h | 5h 27m | $21.2M | $86.9M | 20x |
| Short | Phoenix HOOD | 122.07 | 0.0196 | get 0.0025% / 1h | 27m 06s | $28K | $239K | 10x |
Binance HOODUSDT
Phoenix HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Binance. 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
- −$2.09
- Price spread: +0.013% → +0.002%
- $1.06
- Slippage, 4 orders
- −$24.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$42.97
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Phoenix: live order book, 16 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 Binance live order book, 9 min ago | 0.82 bp | 7.9 bp −$8 | 14.7 bp −$147 | 53.9 bp −$5,388 | doesn't fit |
| Sell Phoenix live order book, 16 min ago | 4.09 bp | 13.2 bp −$13 | 28.8 bp −$288 | doesn't fit | doesn't fit |
HOOD on 30 exchanges
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 | 122.10 | +0.035% | $110K | $285K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.07 | +0.013% | $3.7M | $7.3M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.01 | −0.036% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.05 | −0.003% | $582K | $6.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.06 | +0.005% | $5.6M | $9.1M | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.02 | −0.028% | $6K | $41K | 10x | as long as short |
| Phemex HOODUSDT | 0.0000% | 8h | 122.02 | −0.028% | $999K | $7K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0009% | 1h | 121.69 | −0.298% | $28K | $96K | 30x | as long as short |
| Lighter HOOD | +0.0032% | 1h | 122.05 | −0.002% | $2.8M | $2.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.95 | −0.085% | — | $64K | 25x | as long as short |
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Phemex HOODUSDT
Injective HOOD/USDC PERP
Lighter HOOD
Vest HOOD-USD-PERPShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 122.03 | −0.020% | $51.4M | $25.2M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 121.97 | −0.069% | $252K | $340K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.02 | −0.032% | $727 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.01 | −0.036% | $1.3M | $1.2M | 15x | as long as short |
| QFEX HOOD-USD | +0.0070% | 1h | 122.16 | +0.087% | $1.3M | $2.7M | 10x | as long as short |
| Variational Omni HOOD | +0.0094% | 8h | 122.07 | +0.010% | $2.3M | $875K | — | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.05 | −0.001% | $73K | $116K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.16 | +0.087% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.08 | +0.021% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.06 | +0.005% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.04 | −0.014% | $16K | — | 10x | as long as short |
| Phoenix HOODshort | +0.0196% | 1h | 122.07 | +0.013% | $28K | $239K | 10x | |
| Binance HOODUSDTlong | +0.0206% | 8h | 122.05 | long leg | $21.2M | $86.9M | 20x | |
| Extended HOOD_24_5-USD | +0.0208% | 1h | 122.01 | −0.033% | $469K | $2.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0224% | 1h | 121.81 | −0.200% | $229K | $1.5M | 10x | as long as short |
| Arcus HOOD-USD | +0.0252% | 1h | 122.03 | −0.020% | $1.1M | $1.9M | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0303% | 8h | 122.06 | +0.005% | $853K | $1.7M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0330% | 8h | 122.08 | +0.021% | $176K | $178K | 20x | as long as short |
| edgeX HOODUSDC | +0.0351% | 4h | 122.07 | +0.015% | $367K | $301K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0862% | 1h | 122.14 | +0.066% | $455K | $1.3M | 10x | as long as short |
tradeXYZ xyz:HOOD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Variational Omni HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Extended HOOD_24_5-USD
Coinbase International HOOD-PERP-INTX
Arcus HOOD-USD
GRVT HOOD_USDT_Perp
BloFin HOOD-USDT
edgeX HOODUSDC
RISEx HOOD/USDC