Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.012%
Price spread now: Phemex against Injective+5.529%65s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 5.529% dearer against Injective than usual: you sell high and buy low (spread +5.529% now, against zero (this spread has no 7-day history yet)): +$553 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 months. The two prices were read 65 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 | Injective AMC/USDC PERP | 2.7130 | 0.0033 | pay 0.0004% / 1h | 53m 42s | $53 | $40K | 5.5x |
| Short | Phemex AMCUSDT | 2.8630 | 0 | get 0.0000% / 8h | 7h 53m | $26K | $49K | 10x |
Injective AMC/USDC PERP
Phemex AMCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. 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
- −$7
- Price spread: +5.529% → 0.000%
- $552.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $533.87
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Phemex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Phemex no order-book sample | — | — | — | — | — |
Injective and Phemex: 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.
AMC on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX AMC-USDT | −0.0956% | 8h | 2.8630 | +5.529% | — | $5.1M | 10x | as long as short |
| Aftermath Perps AMCUSD | −0.0025% | 1h | 2.8733 | +5.909% | $2K | $61K | 5x | as long as short |
| Binance AMCUSDT | 0.0000% | 8h | 2.8659 | +5.635% | $118K | $600K | 20x | as long as short |
| Bybit AMCUSDT | 0.0000% | 8h | 2.8490 | +5.013% | $254K | $150K | 25x | as long as short |
| OKX AMC-USDT-SWAP | 0.0000% | 8h | 2.8610 | +5.455% | $56K | $201K | 20x | as long as short |
| QFEX AMC-USD | 0.0000% | 1h | 2.8700 | +5.787% | $1.1M | $49K | 10x | as long as short |
| Bitget AMCUSDT | 0.0000% | 8h | 2.8671 | +5.680% | $107K | $323K | 20x | as long as short |
| HTX AMC-USDT | 0.0000% | 8h | 2.8760 | +6.008% | $2K | $114K | 20x | as long as short |
| Phemex AMCUSDTshort | 0.0000% | 8h | 2.8630 | +5.529% | $26K | $49K | 10x | |
| Lighter RH AMC | +0.0032% | 1h | 2.8694 | +5.766% | $14K | $328K | 10x | as long as short |
SunX AMC-USDT
Aftermath Perps AMCUSD
Binance AMCUSDT
Bybit AMCUSDT
OKX AMC-USDT-SWAP
QFEX AMC-USD
Bitget AMCUSDT
HTX AMC-USDT
Lighter RH AMCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AMC/USDC PERPlong | +0.0033% | 1h | 2.7130 | long leg | $53 | $40K | 5.5x |