Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.014%
Price spread now: QFEX against Phemex−0.066%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.066%, 7d avg −0.018%
=Funding pays, the price is against you. QFEX is 0.048% cheaper against Phemex than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 6.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HOODUSDT | 121.63 | 0 | get 0.0000% / 8h | 5h 50m | $995K | $8K | 10x |
| Short | QFEX HOOD-USD | 121.55 | 0.0024 | get 0.0003% / 1h | 50m 30s | $1.3M | $3.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $5.09
- Price spread: −0.066% → −0.018%
- −$4.79
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.7
- Costs to cover
- 0.220%
- Break-even
- 36.8 days
Slippage unknown: Phemex: live order book, 62 min ago; QFEX: live order book, 3 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, 62 min ago | 1.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.64 bp | 6.9 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
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 | −0.0194% | 1h | 121.35 | −0.230% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.60 | −0.027% | $106K | $279K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.55 | −0.067% | $358K | $1.3M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.55 | −0.069% | $21.1M | $90.2M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.60 | −0.025% | $3.9M | $8.7M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.55 | −0.066% | $2.7M | $6.0M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.56 | −0.056% | $376K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.64 | +0.008% | $579K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.60 | −0.025% | $5.4M | $9.5M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.59 | −0.032% | $2.3M | $1.1M | — | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.61 | −0.017% | $858K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 121.60 | −0.025% | $7K | $68K | 10x | as long as short |
| Phemex HOODUSDTlong | 0.0000% | 8h | 121.63 | long leg | $995K | $8K | 10x | |
| QFEX HOOD-USDshort | +0.0024% | 1h | 121.55 | −0.066% | $1.3M | $3.8M | 10x | |
| Vest HOOD-USD-PERP | +0.0025% | 1h | 121.45 | −0.148% | — | $62K | 25x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.57 | −0.049% | $1.1M | $1.7M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0050% | 1h | 121.52 | −0.090% | $52.0M | $28.1M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.58 | −0.041% | $732 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.49 | −0.115% | $1.2M | $1.5M | 15x | as long as short |
| Lighter HOOD | +0.0056% | 1h | 121.60 | −0.021% | $2.8M | $3.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0056% | 1h | 121.54 | −0.074% | $194K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.60 | −0.021% | $68K | $109K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.62 | −0.008% | $1.3M | $1.2M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.62 | −0.008% | $5K | $41K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.59 | −0.033% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.56 | −0.055% | $16K | — | 10x | as long as short |
| Phoenix HOOD | +0.0197% | 1h | 121.59 | −0.033% | $28K | $239K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0345% | 1h | 121.40 | −0.189% | $58K | $57K | 30x | as long as short |
| edgeX HOODUSDC | +0.0404% | 4h | 121.56 | −0.057% | $366K | $304K | 10x | as long as short |
Phemex HOODUSDT
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 HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUAL
tradeXYZ xyz:HOOD
SoDEX HOOD-USD
Lighter HOOD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Phoenix HOOD
Injective HOOD/USDC PERP
edgeX HOODUSDC