Settings8H · net · $10k
Funding arb · Price arb /

AMAT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AMAT-USD458.370get 0.0000% / 1h2m 09s$1K$14K10x
ShortPhoenix AMAT458.750.0122get 0.0015% / 1h2m 09s$18K$116K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Phoenix live order book, 23 min ago3.96 bp12.1 bp −$1225.9 bp −$259doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMATUSDT−0.0295%8h458.88+0.112%$1.9M$1.9M20xas long as short
Aster AMATUSDT0.0000%8h462.00+0.792%$10K$10K20xas long as short
Extended AMAT-USDlong0.0000%1h458.37long leg$1K$14K10x
Binance AMATUSDT0.0000%8h458.67+0.066%$8.3M$14.6M20xas long as short
Bybit AMATUSDT0.0000%8h458.59+0.049%$815K$690K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h459.05+0.149%$1.4M$1.6M20xas long as short
Gate AMAT_USDT0.0000%8h458.60+0.051%$1.4M$5.4M50xas long as short
Variational Omni AMAT0.0000%8h458.31−0.012%$55K$43Kas long as short
BloFin AMAT-USDT+0.0003%8h458.59+0.049%$108K$124K20xas long as short
tradeXYZ xyz:AMAT+0.0045%1h458.26−0.023%$2.1M$2.7M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMAT-USD-PERP+0.0046%1h458.29−0.017%10xas long as short
KuCoin AMATUSDTM+0.0100%8h457.81−0.122%$392K$615K20xas long as short
SunX AMAT-USDT+0.0100%8h458.40+0.007%$1K$373K10xas long as short
HTX AMAT-USDT+0.0100%8h459.79+0.310%$167K$40K20xas long as short
Phoenix AMATshort+0.0122%1h458.75+0.084%$18K$116K10x
GRVT AMAT_USDT_Perp+0.0166%8h458.36−0.002%$646$108K10xas long as short