Funding you earn now, next payment 06:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.093%
Price spread now: Deribit against Arcus−0.028%7-day average +0.007% · 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−$42as in the Price arb table
costs, in and out, $10k−$380.383% of the position
Funding, last 4 days (all we have)−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.028%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.035% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 614.04 | 0.0040 | pay 0.0005% / 1h | 59m 19s | $137K | $275K | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 613.87 | 0 | get 0.0000% / 1h | 59m 19s | $76K | $151K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.46
- Price spread: −0.028% → +0.007%
- −$3.5
- Slippage, 4 orders
- −$26.76
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.22
- Costs to cover
- 0.383%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 49 min ago; Deribit: live order book, 49 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, 49 min ago | 1.05 bp | 5.3 bp −$5 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 49 min ago | 3.49 bp | 11.1 bp −$11 | 13.7 bp −$137 | 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 | −0.0368% | 4h | 614.16 | +0.019% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0260% | 8h | 614.10 | +0.010% | $10.3M | $17.4M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.07 | +0.005% | $4.4M | $14.2M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.39 | +0.057% | $2K | $8.1M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | 0.0000% | 1h | 613.87 | −0.028% | $76K | $151K | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 614.30 | +0.042% | $105K | $641K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.64 | −0.065% | $1.7M | $462K | 10x | as long as short |
| Aster AMDUSDT | +0.0012% | 8h | 613.85 | −0.030% | $70K | $416K | 50x | as long as short |
| Lighter AMD | +0.0032% | 1h | 613.81 | −0.037% | $526K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 613.55 | −0.080% | $813K | $4.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0032% | 1h | 613.84 | −0.033% | $2.1M | $11.6M | 10x | as long as short |
| Arcus AMD-USDlong | +0.0040% | 1h | 614.04 | long leg | $137K | $275K | 10x | |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.62 | +0.094% | — | $925K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 613.52 | −0.085% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 613.28 | −0.124% | $1.4M | $5.4M | 10x | as long as short |
| Nado AMD-PERP | +0.0056% | 1h | 613.45 | −0.096% | $255K | $241K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 551.80 | −10.136% | $2K | $59K | 12x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 613.59 | −0.073% | $317K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.60 | −0.072% | $1.9M | $293K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 614.00 | −0.007% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.46 | −0.094% | $367 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0110% | 8h | 613.68 | −0.059% | $6.6M | $29.1M | 25x | as long as short |
| SoDEX AMD-USD | +0.0117% | 1h | 614.22 | +0.029% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0154% | 8h | 614.27 | +0.037% | $19K | $171K | 10x | as long as short |
| Aevo AMD-PERP | +0.0168% | 1h | 613.73 | −0.051% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 613.90 | −0.023% | $2K | $89K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0198% | 1h | 613.52 | −0.085% | $23.1M | $95.1M | 10x | as long as short |
| Variational Omni AMD | +0.0255% | 8h | 614.42 | +0.061% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0342% | 8h | 613.81 | −0.037% | $72.2M | $203.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0344% | 1h | 613.54 | −0.082% | $457K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0365% | 8h | 614.32 | +0.046% | $6K | $550K | 20x | as long as short |
Deribit AMD_USDC-PERPETUAL
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Aster AMDUSDT
Lighter AMD
Lighter RH AMD
Polymarket Perps AMD-USD
Injective AMD/USDC PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
OKX AMD-USDT-SWAP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Phoenix AMD
tradeXYZ xyz:AMD
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT