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

AMAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0175%/8h= −19.2% APRnext payment $0.22 per $10,000 · paid last 24h −0.050%
Price spread now: tradeXYZ against Phoenix−0.112%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.112%, 7d avg −0.093%
Together, before fees−0.317%+ Points / potential airdroptradeXYZ: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMAT462.960.0225pay 0.0028% / 1h44m 51s$19K$110K10x
ShorttradeXYZ xyz:AMAT462.440.0050get 0.0006% / 1h44m 51s$2.6M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$36.82
Price spread: −0.112% → −0.093%
−$1.91
Slippage, 4 orders
−$24.31
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$88.04
Costs to cover
0.493%
Break-even
never at this rate
Slippage from Phoenix: live order book, 60 min ago; tradeXYZ: live order book, 3 min ago.

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, 60 min ago3.64 bp11.8 bp −$1224.8 bp −$248doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago2.49 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit

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−0.0193%8h462.93−0.006%$2.0M$1.8M20xas long as short
Aster AMATUSDT0.0000%8h462.80−0.034%$10K$11K20xas long as short
Extended AMAT-USD0.0000%1h462.38−0.124%$5K$27K10xas long as short
Binance AMATUSDT0.0000%8h462.73−0.050%$8.5M$13.4M20xas long as short
Bybit AMATUSDT0.0000%8h462.65−0.067%$862K$681K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h463.02+0.013%$1.4M$1.6M20xas long as short
Gate AMAT_USDT0.0000%8h462.90−0.013%$1.5M$6.5M50xas long as short
Variational Omni AMAT0.0000%8h462.59−0.079%$64K$44Kas long as short
GRVT AMAT_USDT_Perp0.0000%8h462.86−0.021%$250$107K10xas long as short
BloFin AMAT-USDT+0.0017%8h462.52−0.095%$108K$108K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMAT-USD-PERP+0.0046%1h462.86−0.022%10xas long as short
tradeXYZ xyz:AMATshort+0.0050%1h462.44−0.112%$2.6M$2.2M10x
KuCoin AMATUSDTM+0.0100%8h462.27−0.149%$402K$549K20xas long as short
SunX AMAT-USDT+0.0100%8h463.86+0.194%$1K$376K10xas long as short
HTX AMAT-USDT+0.0100%8h463.70+0.160%$169K$39K20xas long as short
Phoenix AMATlong+0.0225%1h462.96long leg$19K$110K10x