Funding you earn now, next payment 23:00 UTC−0.0335%/8h= −36.7% APRpaid last 24h −0.089%
Price spread now: Phoenix against Binance−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Phoenix is 0.054% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment. 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 | Binance AMDUSDT | 620.65 | 0.0542 | pay 0.0542% / 8h | 7m 01s | $75.6M | $192.5M | 25x |
| Short | Phoenix AMD | 620.32 | 0.0207 | get 0.0026% / 1h | 7m 01s | $2K | $92K | 10x |
Binance AMDUSDT
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$70.39
- Price spread: −0.054% → 0.000%
- −$5.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$92.77
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Phoenix: 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 Binance live order book, 6 min ago | 0.08 bp | 7.2 bp −$7 | 14.6 bp −$146 | 53.9 bp −$5,392 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.
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 | −0.0602% | 4h | 620.36 | −0.048% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.82 | +0.027% | $4.4M | $13.7M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.55 | −0.017% | $2K | $8.9M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.28 | −0.060% | $132K | $579K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.64 | −0.002% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.34 | −0.051% | $838K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.439% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.49 | +0.135% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.16 | −0.080% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.92 | −0.118% | $1.5M | $4.9M | 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 | +0.0078% | 1h | 620.41 | −0.039% | $25K | $24K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.42 | −0.038% | $2.3M | $13.6M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 620.04 | −0.099% | $311K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.31 | −0.055% | $1.9M | $313K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.31 | −0.055% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.26 | −0.063% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0123% | 1h | 620.31 | −0.055% | $24.9M | $94.4M | 10x | as long as short |
| Lighter AMD | +0.0128% | 1h | 620.35 | −0.049% | $528K | $2.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0163% | 8h | 620.67 | +0.003% | $6.8M | $28.6M | 25x | as long as short |
| Aster AMDUSDT | +0.0202% | 8h | 620.64 | −0.003% | $72K | $416K | 50x | as long as short |
| Phoenix AMDshort | +0.0207% | 1h | 620.32 | −0.054% | $2K | $92K | 10x | |
| Aevo AMD-PERP | +0.0216% | 1h | 620.82 | +0.026% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0444% | 1h | 620.42 | −0.038% | $77K | $160K | 10x | as long as short |
| Nado AMD-PERP | +0.0449% | 1h | 619.94 | −0.115% | $318K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0468% | 8h | 620.44 | −0.034% | $18K | $133K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.28 | −0.061% | $2.7M | $3.2M | — | as long as short |
| Bitget AMDUSDT | +0.0538% | 8h | 620.60 | −0.009% | $10.1M | $18.0M | 20x | as long as short |
| Binance AMDUSDTlong | +0.0542% | 8h | 620.65 | long leg | $75.6M | $192.5M | 25x | |
| BloFin AMD-USDT | +0.0542% | 8h | 620.48 | −0.028% | $6K | $546K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.39 | −0.043% | $464K | $1.5M | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.36 | −0.047% | $145K | $264K | 10x | as long as short |
SoDEX AMD-USD
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
tradeXYZ xyz:AMD
Lighter AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Aevo AMD-PERP
Deribit AMD_USDC-PERPETUAL
Nado AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
BloFin AMD-USDT
Extended AMD_24_5-USD
Arcus AMD-USD