Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$1.76 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against Phemex+0.083%46s7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.083%, 7d avg +0.027%
=The price spread pays, funding is against you. Bitget is 0.056% dearer against Phemex than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.027%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you. The two prices were read 46 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 | Phemex HOODUSDT | 120.72 | 0 | get 0.0000% / 8h | 1h 26m | $988K | $9K | 10x |
| Short | Bitget HOODUSDT | 120.82 | −0.0176 | pay 0.0176% / 8h | 1h 26m | $5.4M | $9.9M | 20x |
Phemex HOODUSDT
Bitget HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$36.96
- Price spread: +0.083% → +0.027%
- $5.61
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.35
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Bitget: 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 Phemex live order book, 1 min ago | 7.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.66 bp | 12.7 bp −$13 | 28.3 bp −$283 | 131.5 bp −$13.1K | doesn't fit |
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 | −0.0392% | 1h | 120.34 | −0.315% | $57K | $57K | 30x | as long as short |
| Gate HOOD_USDT | −0.0179% | 8h | 120.82 | +0.083% | $600K | $7.7M | 50x | as long as short |
| Bitget HOODUSDTshort | −0.0176% | 8h | 120.82 | +0.083% | $5.4M | $9.9M | 20x | |
| Aster HOODUSDT | 0.0000% | 8h | 120.79 | +0.061% | $106K | $281K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 120.77 | +0.045% | $356K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 120.84 | +0.096% | $20.8M | $92.3M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 120.80 | +0.066% | $3.7M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 120.81 | +0.075% | $2.7M | $6.2M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 120.60 | −0.100% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 120.60 | −0.099% | $852K | $2.0M | 10x | as long as short |
Injective HOOD/USDC PERP
Gate HOOD_USDT
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 HOODUSDTlong | 0.0000% | 8h | 120.72 | long leg | $988K | $9K | 10x | |
| Vest HOOD-USD-PERP | +0.0016% | 1h | 120.58 | −0.116% | — | $63K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 120.58 | −0.116% | $1.1M | $1.7M | 10x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 120.64 | −0.066% | $251K | $345K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 120.69 | −0.023% | $721 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 120.56 | −0.133% | $1.2M | $1.4M | 15x | as long as short |
| QFEX HOOD-USD | +0.0062% | 1h | 120.78 | +0.050% | $1.3M | $2.9M | 10x | as long as short |
| Lighter HOOD | +0.0080% | 1h | 120.74 | +0.018% | $2.8M | $3.2M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0084% | 1h | 120.75 | +0.025% | $51.3M | $27.8M | 10x | as long as short |
| edgeX HOODUSDC | +0.0094% | 4h | 120.65 | −0.055% | $363K | $303K | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 120.74 | +0.020% | $67K | $106K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 120.74 | +0.017% | $1.3M | $1.3M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 120.61 | −0.091% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 120.69 | −0.025% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 120.67 | −0.043% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 120.67 | −0.041% | $174K | $160K | 20x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0184% | 1h | 120.60 | −0.099% | $196K | $1.8M | 10x | as long as short |
| Phoenix HOOD | +0.0198% | 1h | 120.61 | −0.091% | $28K | $238K | 10x | as long as short |
| RISEx HOOD/USDC | +0.0365% | 1h | 120.85 | +0.109% | $395K | $1.4M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0413% | 1h | 120.69 | −0.025% | $6K | $52K | 10x | as long as short |
Vest HOOD-USD-PERP
Arcus HOOD-USD
Polymarket Perps HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
QFEX HOOD-USD
Lighter HOOD
tradeXYZ xyz:HOOD
edgeX HOODUSDC
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Coinbase International HOOD-PERP-INTX
Phoenix HOOD
RISEx HOOD/USDC
Deribit HOOD_USDC-PERPETUAL