Funding you earn now, next payment 08:00 UTC−0.0252%/8h= −27.6% APRnext payment −$2.52 per $10,000 · paid last 24h −0.118%
Price spread now: Phemex against Binance−0.088%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.088%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Phemex is 0.093% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMDUSDT | 613.10 | 0.0252 | pay 0.0252% / 8h | 7h 59m | $72.1M | $204.7M | 25x |
| Short | Phemex AMDUSDT | 612.56 | 0 | get 0.0000% / 8h | 7h 59m | $1.7M | $466K | 10x |
Binance AMDUSDT
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- −$52.99
- Price spread: −0.088% → +0.005%
- −$9.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$84.32
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 14 min ago; Phemex: live order book, 3 min ago. 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 Binance live order book, 14 min ago | 0.08 bp | 7.2 bp −$7 | 14.1 bp −$141 | 51.8 bp −$5,180 | doesn't fit |
| Sell Phemex live order book, 3 min ago | 8.97 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0247% | 8h | 613.45 | +0.057% | $10.4M | $17.5M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −10.108% | $2K | $59K | 12x | as long as short |
| edgeX AMDUSDC | −0.0116% | 4h | 613.37 | +0.044% | $73K | $1.7M | 10x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.81 | −0.048% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.13 | +0.005% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.01 | −0.015% | $2K | $8.0M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.51 | −0.097% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.87 | −0.038% | $100K | $633K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 612.56 | −0.088% | $1.7M | $466K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 612.64 | −0.075% | $795K | $4.8M | 10x | as long as short |
Bitget AMDUSDT
Injective AMD/USDC PERP
edgeX AMDUSDC
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Lighter RH AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AMD | +0.0040% | 1h | 612.82 | −0.046% | $523K | $2.6M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 613.09 | −0.002% | $128K | $286K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.43 | +0.053% | — | $924K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.59 | −0.084% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.86 | −0.040% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.64 | −0.075% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 612.93 | −0.028% | $2.0M | $11.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0080% | 8h | 613.25 | +0.024% | $6.6M | $29.5M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0093% | 1h | 612.57 | −0.087% | $22.0M | $96.1M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.85 | −0.041% | $1.9M | $313K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 613.27 | +0.027% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.78 | −0.053% | $366 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 612.53 | −0.093% | $312K | $1.9M | 10x | as long as short |
| Nado AMD-PERP | +0.0137% | 1h | 612.45 | −0.107% | $254K | $241K | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 613.13 | +0.005% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0157% | 1h | 612.64 | −0.075% | $2K | $90K | 10x | as long as short |
| Variational Omni AMD | +0.0167% | 8h | 613.02 | −0.013% | $2.0M | $3.8M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0182% | 8h | 613.34 | +0.039% | $19K | $184K | 10x | as long as short |
| Binance AMDUSDTlong | +0.0252% | 8h | 613.10 | long leg | $72.1M | $204.7M | 25x | |
| Extended AMD_24_5-USD | +0.0256% | 1h | 612.92 | −0.031% | $459K | $3.4M | 10x | as long as short |
| BloFin AMD-USDT | +0.0256% | 8h | 613.15 | +0.008% | $6K | $554K | 20x | as long as short |
Lighter AMD
Arcus AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
QFEX AMD-USD
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Nado AMD-PERP
Aevo AMD-PERP
Phoenix AMD
Variational Omni AMD
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
BloFin AMD-USDT