Funding you earn now, next payment 04:00 UTC+0.0574%/8h= +62.8% APRpaid last 24h +0.106%
Price spread now: Deribit against Phemex+0.008%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 121.51 | 0 | get 0.0000% / 8h | 4h 10m | $994K | $8K | 10x |
| Short | Deribit HOOD_USDC-PERPETUAL | 121.52 | 0.0574 | get 0.0072% / 1h | 10m 44s | $6K | $56K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Phemex. 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
- $120.45
- Price spread: +0.008% → 0.000%
- $0.82
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $102.28
- Costs to cover
- 0.190%
- Break-even
- 1.1 days
Slippage unknown: Phemex: live order book, 32 min ago; Deribit: no order-book sample. 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 Phemex live order book, 32 min ago | 1.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | 121.28 | −0.189% | $58K | $57K | 30x | as long as short |
| Polymarket Perps HOOD-USD | −0.0104% | 1h | 121.32 | −0.156% | $252K | $344K | 10x | as long as short |
| Gate HOOD_USDT | −0.0064% | 8h | 121.53 | +0.016% | $576K | $7.8M | 50x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.49 | −0.014% | $106K | $280K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.49 | −0.020% | $361K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.52 | +0.008% | $20.9M | $90.9M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.50 | −0.008% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.47 | −0.033% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.53 | +0.021% | $396K | $1.4M | 10x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.56 | +0.041% | $5.4M | $9.6M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni HOOD | 0.0000% | 8h | 121.52 | +0.006% | $2.3M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.52 | +0.009% | $857K | $2.0M | 10x | as long as short |
| Phemex HOODUSDTlong | 0.0000% | 8h | 121.51 | long leg | $994K | $8K | 10x | |
| Vest HOOD-USD-PERP | +0.0017% | 1h | 121.34 | −0.140% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0029% | 1h | 121.53 | +0.016% | $1.3M | $3.6M | 10x | as long as short |
| Lighter HOOD | +0.0040% | 1h | 121.49 | −0.019% | $2.8M | $3.1M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.43 | −0.066% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.46 | −0.041% | $51.7M | $28.3M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.50 | −0.006% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.37 | −0.115% | $1.2M | $1.5M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 121.10 | −0.337% | $193K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.50 | −0.010% | $68K | $105K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.54 | +0.025% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.48 | −0.025% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.47 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.49 | −0.020% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 121.50 | −0.008% | $174K | $161K | 20x | as long as short |
| Phoenix HOOD | +0.0132% | 1h | 121.48 | −0.025% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUALshort | +0.0574% | 1h | 121.52 | +0.008% | $6K | $56K | 10x | |
| edgeX HOODUSDC | +0.0768% | 4h | 121.50 | −0.012% | $366K | $306K | 10x | as long as short |
Phemex HOODUSDT
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
Polymarket Perps HOOD-USD
Gate HOOD_USDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Lighter HOOD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
BloFin HOOD-USDT
Phoenix HOOD
edgeX HOODUSDC