After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.443%7d average+0.024%fees + slippage, in and out−$60spread needed0.604%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix HOOD | 124.19 | 0.0128 | pay 0.0016% / 1h | 40m 17s | $28K | $173K | 10x |
| Short | Gate HOOD_USDT | 124.74 | 0 | get 0.0000% / 8h | 7h 40m | $572K | $7.3M | 50x |
Phoenix HOOD
Gate HOOD_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $44.29
- Funding while held
- −$3.85
- Slippage, 4 orders
- −$38.42
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.98
- Spread needed to break even
- 0.604%
Slippage from Phoenix: live order book, 59 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.85
- Average in range /8h
- —
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 Phoenix live order book, 59 min ago | 3.24 bp | 10.9 bp −$11 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.61 bp | 22.2 bp −$22 | 76.7 bp −$767 | doesn't fit | doesn't fit |
HOOD price on every exchange
against the cheapest. Click to use as the short leg.Phoenix124.19cheapest
Polymarket Perps124.52+0.266%edgeX124.61+0.337%ApeX Omni124.63+0.354%Vest124.69+0.403%tradeXYZ124.70+0.411%Arcus124.70+0.411%KuCoin124.71+0.419%Pacifica124.72+0.423%QFEX124.72+0.427%Injective124.72+0.427%
Polymarket Perps
ApeX Omni
Vest
tradeXYZ
Arcus
KuCoin
Pacifica
QFEX
InjectiveGate124.74+0.443%
Bybit124.75+0.451%Extended124.75+0.451%RISEx124.75+0.455%Bitget124.76+0.459%Aevo124.78+0.474%Ondo Perps124.78+0.475%SoDEX124.79+0.482%OKX124.79+0.483%Deribit124.79+0.483%Binance124.80+0.492%Lighter124.80+0.493%Orderly124.82+0.507%Phemex124.83+0.515%Aster124.83+0.518%Variational Omni124.86+0.538%BloFin124.91+0.580%Coinbase International124.92+0.588%
Bybit
Extended
RISEx
Bitget
Aevo
Ondo Perps
SoDEX
OKX
Deribit
Binance
Lighter
Orderly
Phemex
Aster
Variational Omni
BloFin
Coinbase InternationalHOOD on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix HOODlong | 0.000% | +0.0128% | 1h | $28K | $173K | 10x | |
| Polymarket Perps HOOD-USD | +0.266% | −0.0201% | 1h | $253K | $267K | 10x | as long as short |
| edgeX HOODUSDC | +0.337% | +0.0795% | 4h | $375K | $303K | 10x | as long as short |
| ApeX Omni HOODUSDT | +0.354% | +0.0100% | 1h | $46K | $255K | 50x | as long as short |
| Vest HOOD-USD-PERP | +0.403% | +0.0046% | 1h | — | $63K | 25x | as long as short |
| tradeXYZ xyz:HOOD | +0.411% | +0.0050% | 1h | $53.1M | $26.7M | 10x | as long as short |
| Arcus HOOD-USD | +0.411% | +0.0040% | 1h | $1.1M | $1.8M | 10x | as long as short |
| KuCoin HOODUSDTM | +0.419% | +0.0100% | 8h | $1.3M | $949K | 20x | as long as short |
| Pacifica HOOD | +0.423% | +0.0100% | 1h | $71K | $99K | 10x | as long as short |
| QFEX HOOD-USD | +0.427% | +0.0035% | 1h | $1.4M | $3.3M | 10x | as long as short |