Funding you earn now, next payment 02:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.014%
Price spread now: Phemex against Vest+0.074%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Phemex is 0.074% dearer against Vest than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.9 days. The two prices were read 45 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 | Vest HOOD-USD-PERP | 121.75 | 0.0028 | pay 0.0003% / 1h | 14m 28s | — | $63K | 25x |
| Short | Phemex HOODUSDT | 121.84 | 0 | get 0.0000% / 8h | 6h 14m | $997K | $9K | 10x |
Vest HOOD-USD-PERP
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Vest. 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
- −$5.83
- Price spread: +0.074% → 0.000%
- $7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$12.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: live order book, 38 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 Vest no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 38 min ago | 1.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Vest: 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0131% | 1h | 121.70 | −0.041% | $253K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.92 | +0.142% | $107K | $274K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.82 | +0.056% | $359K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.87 | +0.099% | $21.1M | $90.5M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.87 | +0.099% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.86 | +0.090% | $2.7M | $6.1M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.86 | +0.086% | $375K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.91 | +0.131% | $576K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.90 | +0.123% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.84 | +0.076% | $2.3M | $1.1M | — | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOODShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.81 | +0.050% | $854K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.81 | +0.049% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 121.84 | +0.074% | $997K | $9K | 10x | |
| Vest HOOD-USD-PERPlong | +0.0028% | 1h | 121.75 | long leg | — | $63K | 25x | |
| Lighter HOOD | +0.0032% | 1h | 121.88 | +0.108% | $2.9M | $3.1M | 10x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.85 | +0.082% | $1.3M | $3.9M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.80 | +0.041% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.81 | +0.047% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.72 | −0.025% | $1.2M | $1.6M | 15x | as long as short |
| tradeXYZ xyz:HOOD | +0.0061% | 1h | 121.86 | +0.090% | $52.4M | $28.0M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.78 | +0.025% | $195K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.85 | +0.086% | $68K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.93 | +0.148% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.78 | +0.025% | $5K | $91K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.84 | +0.074% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.82 | +0.054% | $16K | — | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.304% | $58K | $57K | 30x | as long as short |
| Phoenix HOOD | +0.0261% | 1h | 121.96 | +0.172% | $28K | $237K | 10x | as long as short |
| edgeX HOODUSDC | +0.0462% | 4h | 121.79 | +0.035% | $367K | $305K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
Lighter HOOD
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
tradeXYZ xyz:HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC