Funding you earn now, next payment 09:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.049%
Price spread now: Phemex against Coinbase International+0.263%7-day average +0.170% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.263%, 7d avg +0.170%
=The price spread pays, funding is against you. Phemex is 0.093% dearer against Coinbase International than usual: you sell high and buy low (spread +0.263% now, against its 7-day average of +0.170%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International HOOD-PERP-INTX | 121.81 | 0.0176 | pay 0.0022% / 1h | 1m 53s | $229K | $1.6M | 10x |
| Short | Phemex HOODUSDT | 122.13 | 0 | get 0.0000% / 8h | 6h 01m | $1.0M | $7K | 10x |
Coinbase International HOOD-PERP-INTX
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Coinbase International. 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
- −$36.96
- Price spread: +0.263% → +0.170%
- $9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$49.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Phemex: live order book, 4 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 Coinbase International live order book, 5 min ago | 3.27 bp | 8.3 bp −$8 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.49 bp | doesn't fit | doesn't fit | 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 | 122.21 | +0.328% | $110K | $285K | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.08 | +0.222% | $2.7M | $5.9M | 20x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.10 | +0.238% | $582K | $6.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.09 | +0.230% | $5.6M | $9.1M | 20x | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 122.13 | +0.263% | $1.0M | $7K | 10x | |
| Bybit HOODUSDT | +0.0004% | 8h | 122.09 | +0.230% | $3.7M | $7.4M | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.07 | +0.213% | $1.1M | $1.9M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 121.99 | +0.148% | — | $64K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.02 | +0.172% | $252K | $338K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.08 | +0.218% | $727 | $4K | 10x | as long as short |
Aster HOODUSDT
OKX HOOD-USDT-SWAP
Gate HOOD_USDT
Bitget HOODUSDT
Bybit HOODUSDT
Arcus HOOD-USD
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.94 | +0.107% | $1.3M | $1.2M | 15x | as long as short |
| Variational Omni HOOD | +0.0058% | 8h | 122.46 | +0.535% | $2.3M | $906K | — | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 122.07 | +0.213% | $1.3M | $2.7M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.13 | +0.266% | $73K | $113K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.25 | +0.361% | $1.7M | $1.5M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.23 | +0.345% | $5K | $29K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.09 | +0.230% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.07 | +0.214% | $16K | — | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0160% | 1h | 122.10 | +0.238% | $6K | $41K | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0163% | 1h | 122.05 | +0.197% | $51.4M | $25.6M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTXlong | +0.0176% | 1h | 121.81 | long leg | $229K | $1.6M | 10x | |
| Lighter HOOD | +0.0192% | 1h | 122.09 | +0.231% | $2.9M | $3.0M | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 122.31 | +0.410% | $28K | $239K | 10x | as long as short |
| Extended HOOD_24_5-USD | +0.0200% | 1h | 122.06 | +0.207% | $427K | $2.5M | 10x | as long as short |
| Binance HOODUSDT | +0.0204% | 8h | 122.10 | +0.238% | $21.3M | $87.4M | 20x | as long as short |
| BloFin HOOD-USDT | +0.0325% | 8h | 122.43 | +0.509% | $175K | $181K | 20x | as long as short |
| edgeX HOODUSDC | +0.0344% | 4h | 122.46 | +0.532% | $369K | $303K | 10x | as long as short |
| GRVT HOOD_USDT_Perp | +0.0424% | 8h | 122.39 | +0.477% | $859K | $1.7M | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0440% | 1h | 121.69 | −0.099% | $28K | $96K | 30x | as long as short |
| RISEx HOOD/USDC | +0.1124% | 1h | 122.19 | +0.316% | $437K | $1.3M | 10x | as long as short |
Ondo Perps HOOD-USD.P
Variational Omni HOOD
QFEX HOOD-USD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Deribit HOOD_USDC-PERPETUAL
tradeXYZ xyz:HOOD
Lighter HOOD
Phoenix HOOD
Extended HOOD_24_5-USD
Binance HOODUSDT
BloFin HOOD-USDT
edgeX HOODUSDC
GRVT HOOD_USDT_Perp
Injective HOOD/USDC PERP
RISEx HOOD/USDC