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: Extended against Phoenix+0.064%108s7-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
The price spread pays, funding is against you. Extended is 0.064% dearer against Phoenix than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMAT458.750.0122pay 0.0015% / 1h1m 44s$18K$116K10x
ShortExtended AMAT-USD459.040get 0.0000% / 1h1m 44s$1K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phoenix. 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: +0.064% → 0.000%
$6.43
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$31.18
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 23 min ago; Extended: no order-book sample. 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 Phoenix live order book, 23 min ago3.96 bp12.1 bp −$1225.9 bp −$259doesn't fitdoesn't fit
Sell Extended no order-book sample
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−0.0292%8h459.38+0.137%$1.9M$1.9M20xas long as short
Aster AMATUSDT0.0000%8h462.66+0.852%$10K$10K20xas long as short
Extended AMAT-USDshort0.0000%1h459.04+0.064%$1K$14K10x
Binance AMATUSDT0.0000%8h459.09+0.074%$8.3M$14.6M20xas long as short
Bybit AMATUSDT0.0000%8h459.00+0.054%$816K$690K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h459.05+0.065%$1.4M$1.6M20xas long as short
Gate AMAT_USDT0.0000%8h458.80+0.011%$1.4M$5.4M50xas long as short
Variational Omni AMAT0.0000%8h458.31−0.095%$55K$43Kas long as short
BloFin AMAT-USDT+0.0003%8h458.59−0.035%$108K$124K20xas long as short
Vest AMAT-USD-PERP+0.0046%1h458.29−0.100%10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:AMAT+0.0048%1h459.00+0.054%$2.1M$2.7M10xas long as short
KuCoin AMATUSDTM+0.0100%8h458.61−0.031%$393K$615K20xas long as short
SunX AMAT-USDT+0.0100%8h458.40−0.076%$1K$373K10xas long as short
HTX AMAT-USDT+0.0100%8h459.79+0.227%$167K$40K20xas long as short
Phoenix AMATlong+0.0122%1h458.75long leg$18K$116K10x
GRVT AMAT_USDT_Perp+0.0166%8h458.36−0.085%$646$108K10xas long as short