Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Phemex against ApeX Omni+0.050%77s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.050% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours. The two prices were read 77 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 | ApeX Omni HOODUSDT | 120.50 | 0.0100 | pay 0.0013% / 1h | 32m 16s | $5K | $40K | 50x |
| Short | Phemex HOODUSDT | 120.56 | 0 | get 0.0000% / 8h | 32m 16s | $986K | $8K | 10x |
ApeX Omni HOODUSDT
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against ApeX Omni. 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
- −$21
- Price spread: +0.050% → 0.000%
- $4.98
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$38.02
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 55 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 55 min ago | 7.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ApeX Omni: 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 | 120.48 | −0.017% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0176% | 8h | 120.60 | +0.083% | $598K | $7.6M | 50x | as long as short |
| Bitget HOODUSDT | −0.0091% | 8h | 120.62 | +0.100% | $5.5M | $9.9M | 20x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 120.57 | +0.060% | $105K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.51 | +0.007% | $356K | $2.2M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.55 | +0.041% | $20.8M | $92.0M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.56 | +0.050% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.54 | +0.033% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.66 | +0.130% | $2.2M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.58 | +0.066% | $852K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
Bitget HOODUSDT
Aster HOODUSDT
Extended HOOD_24_5-USD
Binance HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
Variational Omni HOOD
GRVT HOOD_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDTshort | 0.0000% | 8h | 120.56 | +0.050% | $986K | $8K | 10x | |
| Polymarket Perps HOOD-USD | +0.0001% | 1h | 120.34 | −0.133% | $251K | $345K | 10x | as long as short |
| edgeX HOODUSDC | +0.0017% | 4h | 120.74 | +0.199% | $363K | $304K | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0020% | 1h | 120.36 | −0.116% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.53 | +0.025% | $1.1M | $1.7M | 10x | as long as short |
| QFEX HOOD-USD | +0.0046% | 1h | 120.55 | +0.041% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 120.49 | −0.008% | $51.1M | $26.9M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.52 | +0.020% | $722 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.49 | −0.008% | $1.3M | $1.4M | 15x | as long as short |
| Lighter HOOD | +0.0088% | 1h | 120.51 | +0.012% | $2.8M | $3.2M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.53 | +0.022% | $74K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.57 | +0.058% | $1.3M | $1.4M | 20x | as long as short |
| ApeX Omni HOODUSDTlong | +0.0100% | 1h | 120.50 | long leg | $5K | $40K | 50x | |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.52 | +0.017% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.50 | +0.002% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.59 | +0.075% | $173K | $170K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0192% | 1h | 120.67 | +0.141% | $197K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0265% | 1h | 120.71 | +0.174% | $28K | $238K | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0331% | 1h | 120.52 | +0.017% | $6K | $52K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0479% | 1h | 120.62 | +0.099% | $397K | $1.4M | 10x | as long as short |
Polymarket Perps HOOD-USD
edgeX HOODUSDC
Vest HOOD-USD-PERP
Arcus HOOD-USD
QFEX HOOD-USD
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Lighter HOOD
Pacifica HOOD
KuCoin HOODUSDTM
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
Deribit HOOD_USDC-PERPETUAL
RISEx HOOD/USDC