Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.044%
Price spread now: Phoenix against Extended+0.084%68s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.084% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AMAT-USD | 458.37 | 0 | get 0.0000% / 1h | 2m 09s | $1K | $14K | 10x |
| Short | Phoenix AMAT | 458.75 | 0.0122 | get 0.0015% / 1h | 2m 09s | $18K | $116K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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
- $25.61
- Price spread: +0.084% → 0.000%
- $8.35
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $21.96
- Costs to cover
- 0.120%
- Break-even
- 1.0 days
Slippage unknown: Extended: no order-book sample; Phoenix: live order book, 23 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 Extended no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 23 min ago | 3.96 bp | 12.1 bp −$12 | 25.9 bp −$259 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDT | −0.0295% | 8h | 458.88 | +0.112% | $1.9M | $1.9M | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 462.00 | +0.792% | $10K | $10K | 20x | as long as short |
| Extended AMAT-USDlong | 0.0000% | 1h | 458.37 | long leg | $1K | $14K | 10x | |
| Binance AMATUSDT | 0.0000% | 8h | 458.67 | +0.066% | $8.3M | $14.6M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 458.59 | +0.049% | $815K | $690K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 459.05 | +0.149% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 458.60 | +0.051% | $1.4M | $5.4M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 458.31 | −0.012% | $55K | $43K | — | as long as short |
| BloFin AMAT-USDT | +0.0003% | 8h | 458.59 | +0.049% | $108K | $124K | 20x | as long as short |
| tradeXYZ xyz:AMAT | +0.0045% | 1h | 458.26 | −0.023% | $2.1M | $2.7M | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 458.29 | −0.017% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 457.81 | −0.122% | $392K | $615K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 458.40 | +0.007% | $1K | $373K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 459.79 | +0.310% | $167K | $40K | 20x | as long as short |
| Phoenix AMATshort | +0.0122% | 1h | 458.75 | +0.084% | $18K | $116K | 10x | |
| GRVT AMAT_USDT_Perp | +0.0166% | 8h | 458.36 | −0.002% | $646 | $108K | 10x | as long as short |
Extended AMAT-USD
Phoenix AMAT
Bitget AMATUSDT
Aster AMATUSDT
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Variational Omni AMAT
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
GRVT AMAT_USDT_Perp