Funding you earn now, next payment 01:00 UTC−0.0261%/8h= −28.6% APRpaid last 24h −0.066%
Price spread now: Phemex against Phoenix+0.074%7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 3 days (all we have)−0.055%−$5 · spread now +0.074%, 7d avg +0.014%
=The price spread pays, funding is against you. Phemex is 0.060% dearer against Phoenix than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.014%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix HOOD | 121.63 | 0.0261 | pay 0.0033% / 1h | 34m 48s | $28K | $237K | 10x |
| Short | Phemex HOODUSDT | 121.72 | 0 | get 0.0000% / 8h | 6h 34m | $996K | $8K | 10x |
Phoenix HOOD
Phemex HOODUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Phoenix. 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
- −$54.9
- Price spread: +0.074% → +0.014%
- $6.05
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67.85
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 28 min ago; Phemex: live order book, 18 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 Phoenix live order book, 28 min ago | 4.08 bp | 12.5 bp −$12 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 18 min ago | 1.23 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0122% | 1h | 121.56 | −0.058% | $252K | $344K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 121.73 | +0.082% | $107K | $273K | 20x | as long as short |
| Extended HOOD_24_5-USD | 0.0000% | 1h | 121.72 | +0.073% | $358K | $1.4M | 10x | as long as short |
| Binance HOODUSDT | 0.0000% | 8h | 121.77 | +0.114% | $21.1M | $90.8M | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 121.78 | +0.123% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 121.76 | +0.107% | $2.8M | $5.9M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 121.77 | +0.111% | $374K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 121.78 | +0.123% | $577K | $7.7M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 121.81 | +0.148% | $5.4M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 121.75 | +0.095% | $2.3M | $1.1M | — | as long as short |
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 HOODShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 121.45 | −0.150% | $853K | $2.0M | 10x | as long as short |
| Phemex HOODUSDTshort | 0.0000% | 8h | 121.72 | +0.074% | $996K | $8K | 10x | |
| Lighter HOOD | +0.0032% | 1h | 121.80 | +0.141% | $2.9M | $3.0M | 10x | as long as short |
| Vest HOOD-USD-PERP | +0.0033% | 1h | 121.62 | −0.008% | — | $63K | 25x | as long as short |
| QFEX HOOD-USD | +0.0034% | 1h | 121.75 | +0.099% | $1.3M | $4.0M | 10x | as long as short |
| Arcus HOOD-USD | +0.0040% | 1h | 121.60 | −0.025% | $1.1M | $1.7M | 10x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 121.75 | +0.103% | $733 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 121.60 | −0.025% | $1.2M | $1.6M | 15x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0064% | 1h | 121.42 | −0.173% | $196K | $1.9M | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0071% | 1h | 121.71 | +0.066% | $52.5M | $28.0M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 121.78 | +0.121% | $68K | $111K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 121.68 | +0.041% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 121.55 | −0.066% | $5K | $92K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 121.74 | +0.090% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 121.73 | +0.085% | $16K | — | 10x | as long as short |
| BloFin HOOD-USDT | +0.0120% | 8h | 122.00 | +0.304% | $182K | $162K | 20x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | +0.0161% | 1h | 121.79 | +0.132% | $7K | $68K | 10x | as long as short |
| Injective HOOD/USDC PERP | +0.0186% | 1h | 121.38 | −0.206% | $58K | $57K | 30x | as long as short |
| Phoenix HOODlong | +0.0261% | 1h | 121.63 | long leg | $28K | $237K | 10x | |
| edgeX HOODUSDC | +0.0374% | 4h | 121.36 | −0.223% | $365K | $304K | 10x | as long as short |
GRVT HOOD_USDT_Perp
Lighter HOOD
Vest HOOD-USD-PERP
QFEX HOOD-USD
Arcus HOOD-USD
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Coinbase International HOOD-PERP-INTX
tradeXYZ xyz:HOOD
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
BloFin HOOD-USDT
Deribit HOOD_USDC-PERPETUAL
Injective HOOD/USDC PERP
edgeX HOODUSDC