Funding you earn now, next payment 00:00 UTC−0.0797%/8h= −87.3% APRnext payment −$1.00 per $10,000 · paid last 24h −0.096%
Price spread now: tradeXYZ against Arcus−0.047%7-day average −0.012% · 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−$37as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 3 days (all we have)−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.047%, 7d avg −0.012%
=Together, before fees+0.100%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and tradeXYZ 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 −0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.118% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 619.97 | 0.0919 | pay 0.0115% / 1h | 19m 46s | $145K | $264K | 10x |
| Short | tradeXYZ xyz:AMD | 619.68 | 0.0122 | get 0.0015% / 1h | 19m 46s | $24.8M | $94.5M | 10x |
Arcus AMD-USD
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$167.33
- Price spread: −0.047% → −0.012%
- −$3.49
- Slippage, 4 orders
- −$10.7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$204.02
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 59 min ago; tradeXYZ: live order book, 10 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, 59 min ago | 3.47 bp | 5.9 bp −$6 | 8.2 bp −$82 | 11.7 bp −$1,168 | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.65 bp | 9.9 bp −$10 | 11.0 bp −$110 | 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 | −0.0553% | 4h | 620.33 | +0.058% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.28 | +0.050% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.06 | +0.015% | $1K | $8.9M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.04 | +0.011% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.24 | +0.044% | $1.8M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.82 | −0.024% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.331% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.96 | +0.160% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.71 | −0.042% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.28 | −0.111% | $1.5M | $4.8M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMD-USD | +0.0074% | 1h | 619.94 | −0.005% | $25K | $24K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.15 | +0.029% | $2.3M | $13.5M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.67 | −0.048% | $311K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.82 | −0.024% | $1.9M | $314K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.19 | +0.035% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.86 | −0.018% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0122% | 1h | 619.68 | −0.047% | $24.8M | $94.5M | 10x | |
| Lighter AMD | +0.0144% | 1h | 619.86 | −0.018% | $525K | $2.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0154% | 8h | 620.06 | +0.015% | $6.8M | $28.6M | 25x | as long as short |
| Aster AMDUSDT | +0.0204% | 8h | 620.07 | +0.017% | $72K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.08 | +0.018% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.30 | +0.053% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0460% | 1h | 619.51 | −0.074% | $317K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0477% | 8h | 620.32 | +0.056% | $17K | $133K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0493% | 1h | 619.74 | −0.037% | $77K | $162K | 10x | as long as short |
| Variational Omni AMD | +0.0494% | 8h | 620.08 | +0.018% | $2.7M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0516% | 8h | 620.41 | +0.071% | $6K | $545K | 20x | as long as short |
| Bitget AMDUSDT | +0.0539% | 8h | 620.16 | +0.031% | $10.1M | $18.0M | 20x | as long as short |
| Binance AMDUSDT | +0.0542% | 8h | 620.16 | +0.031% | $75.5M | $192.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.06 | +0.015% | $464K | $1.5M | 10x | as long as short |
| Arcus AMD-USDlong | +0.0919% | 1h | 619.97 | long leg | $145K | $264K | 10x |
SoDEX AMD-USD
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Lighter AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Phoenix AMD
Aevo AMD-PERP
Nado AMD-PERP
GRVT AMD_USDT_Perp
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
BloFin AMD-USDT
Bitget AMDUSDT
Binance AMDUSDT
Extended AMD_24_5-USD