Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex+0.033%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.033%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.052% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 122.70 | 0 | get 0.0000% / 8h | 7h 47m | $1.0M | $8K | 10x |
| Short | Bybit HOODUSDT | 122.74 | 0.0051 | get 0.0051% / 8h | 7h 47m | $3.9M | $8.7M | 25x |
Phemex HOODUSDT
Bybit HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $10.69
- Price spread: +0.033% → −0.019%
- $5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.15
- Costs to cover
- 0.230%
- Break-even
- 11.7 days
Slippage unknown: Phemex: live order book, 1 min ago; Bybit: live order book, 1 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 | 1.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.22 bp | 14.4 bp −$14 | 44.8 bp −$448 | 954.7 bp −$95.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HOODUSDT | 0.0000% | 8h | 122.64 | −0.048% | $107K | $267K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 122.68 | −0.012% | $369K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 122.77 | +0.057% | $21.9M | $89.2M | 20x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.73 | +0.024% | $2.9M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.67 | −0.020% | $382K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.68 | −0.016% | $565K | $7.8M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.78 | +0.065% | $5.6M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.48 | −0.178% | $2.4M | $1.1M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.46 | −0.193% | $860K | $2.0M | 10x | as long as short |
| Phemex HOODUSDTlong | 0.0000% | 8h | 122.70 | long leg | $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 | 122.72 | +0.016% | $1.3M | $4.2M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 122.53 | −0.139% | $1.1M | $1.7M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0043% | 1h | 122.53 | −0.139% | — | $63K | 25x | as long as short |
| Polymarket Perps HOOD-USD | +0.0050% | 1h | 122.57 | −0.106% | $265K | $335K | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.66 | −0.033% | $738 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.40 | −0.244% | $1.2M | $1.6M | 15x | as long as short |
| Bybit HOODUSDTshort | +0.0051% | 8h | 122.74 | +0.033% | $3.9M | $8.7M | 25x | |
| Coinbase International HOOD-PERP-INTX | +0.0096% | 1h | 122.34 | −0.293% | $202K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.65 | −0.040% | $71K | $110K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.65 | −0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.45 | −0.204% | $5K | $109K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.65 | −0.041% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.68 | −0.017% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.72 | +0.016% | $181K | $125K | 20x | as long as short |
| Lighter HOOD | +0.0184% | 1h | 122.68 | −0.015% | $2.9M | $2.1M | 10x | as long as short |
| Phoenix HOOD | +0.0196% | 1h | 122.48 | −0.179% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0213% | 1h | 122.81 | +0.090% | $63K | $49K | 30x | as long as short |
| tradeXYZ xyz:HOOD | +0.0286% | 1h | 122.67 | −0.024% | $52.6M | $28.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0484% | 1h | 122.67 | −0.024% | $8K | $69K | 10x | as long as short |
| edgeX HOODUSDC | +0.0790% | 4h | 122.46 | −0.192% | $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
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
Injective HOOD/USDC PERP
tradeXYZ xyz:HOOD
Deribit HOOD_USDC-PERPETUAL
edgeX HOODUSDC