Funding you earn now, next payment 01:00 UTC−0.0213%/8h= −23.4% APRpaid last 24h −0.032%
Price spread now: Phemex against Injective−0.106%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phemex is 0.106% cheaper against Injective than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.161%, so the current rate has only just turned against you. The two prices were read 55 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 | Injective HOOD/USDC PERP | 122.81 | 0.0213 | pay 0.0027% / 1h | 45m 20s | $63K | $49K | 30x |
| Short | Phemex HOODUSDT | 122.68 | 0 | get 0.0000% / 8h | 7h 45m | $1.0M | $8K | 10x |
Injective HOOD/USDC PERP
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. 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
- −$44.78
- Price spread: −0.106% → 0.000%
- −$10.59
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67.39
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 1.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | 122.60 | −0.171% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.57 | −0.191% | $364K | $1.5M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.60 | −0.171% | $21.9M | $89.2M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.59 | −0.179% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.56 | −0.204% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.60 | −0.171% | $566K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.65 | −0.130% | $5.5M | $9.4M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.80 | −0.011% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.46 | −0.282% | $860K | $2.0M | 10x | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 122.68 | −0.106% | $1.0M | $8K | 10x |
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX HOOD-USD | +0.0014% | 1h | 122.54 | −0.220% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.61 | −0.163% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.42 | −0.318% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.42 | −0.318% | $264K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.58 | −0.187% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.53 | −0.228% | $1.2M | $1.6M | 15x | as long as short |
| Bybit HOODUSDT | +0.0068% | 8h | 122.61 | −0.163% | $3.9M | $8.7M | 25x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.383% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.53 | −0.230% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.64 | −0.138% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.65 | −0.130% | $5K | $107K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.59 | −0.179% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.55 | −0.214% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.72 | −0.073% | $181K | $125K | 20x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 122.59 | −0.178% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.61 | −0.163% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERPlong | +0.0213% | 1h | 122.81 | long leg | $63K | $49K | 30x | |
| tradeXYZ xyz:HOOD | +0.0254% | 1h | 122.52 | −0.236% | $52.6M | $28.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0403% | 1h | 122.58 | −0.187% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0790% | 4h | 122.46 | −0.281% | $369K | $309K | 10x | as long as short |
QFEX HOOD-USD
Arcus HOOD-USD
Vest HOOD-USD-PERP
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Bybit HOODUSDT
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Lighter HOOD
Phoenix HOOD
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC