LOL! That is a Hawaiian style cane spider. Very docile creature but lighting fast when moving through your house...
Although it is an arachnid and does have fangs it does not bite. The size reference to the hand is correct (though I think the hand is not a large).
Ever had a run in with a wheel bug? My first time was seeing one sitting next to me in bed. I nearly impaled the ceiling with my head. Never seen anything like it. I googled it later and learned its bite is extremely painful.