Funding you earn now, next payment 03:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.130%
Price spread now: Coinbase International against Arcus−0.212%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 4 days (all we have)−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.212%, 7d avg −0.078%
=Funding pays, the price is against you. Coinbase International is 0.133% cheaper against Arcus than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.078%). If the spread goes back, that is −$13 on $10k: about 5.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 622.87 | 0.0040 | pay 0.0005% / 1h | 1m 04s | $145K | $263K | 10x |
| Short | Coinbase International AMD-PERP-INTX | 621.55 | 0.0120 | get 0.0015% / 1h | 1m 04s | $316K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $16.74
- Price spread: −0.212% → −0.078%
- −$13.34
- Slippage, 4 orders
- −$21.09
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.19
- Costs to cover
- 0.356%
- Break-even
- 20.5 days
Slippage from Arcus: live order book, 57 min ago; Coinbase International: live order book, 3 min ago.
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 Arcus live order book, 57 min ago | 2.57 bp | 8.1 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.94 bp | 8.9 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
AMD on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0138% | 4h | 622.67 | −0.031% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.95 | +0.013% | $4.5M | $13.7M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.00 | +0.021% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.03 | +0.026% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.76 | −0.018% | $118K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.97 | +0.016% | $1.8M | $459K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.64 | −0.037% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.55 | −0.051% | $842K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.790% | $5K | $55K | 12x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0039% | 1h | 622.51 | −0.058% | $78K | $151K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USDlong | +0.0040% | 1h | 622.87 | long leg | $145K | $263K | 10x | |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.61 | −0.042% | $23.6M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.62 | −0.040% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.67 | −0.032% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.25 | −0.100% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0065% | 1h | 624.16 | +0.207% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.75 | −0.019% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0089% | 1h | 622.49 | −0.061% | $269K | $229K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.54 | −0.053% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.02 | −0.136% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.85 | −0.003% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0120% | 1h | 621.55 | −0.212% | $316K | $1.9M | 10x | |
| Phoenix AMD | +0.0206% | 1h | 622.96 | +0.014% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0232% | 1h | 623.16 | +0.047% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0233% | 8h | 622.96 | +0.014% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0240% | 8h | 622.50 | −0.059% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0312% | 8h | 622.73 | −0.022% | $18K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0526% | 8h | 622.92 | +0.008% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0592% | 1h | 622.82 | −0.008% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0593% | 8h | 622.71 | −0.026% | $72.9M | $195.9M | 25x | as long as short |
| BloFin AMD-USDT | +0.0620% | 8h | 622.80 | −0.011% | $7K | $551K | 20x | as long as short |
Coinbase International AMD-PERP-INTX
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Deribit AMD_USDC-PERPETUAL
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT