Funding you earn now, next payment 08:00 UTC−0.0775%/8h= −84.8% APRnext payment −$7.75 per $10,000 · paid last 24h −0.118%
Price spread now: SunX against Binance+0.084%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2752.746% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 2 days (all we have)−0.099%−$10 · spread now +0.084%, 7d avg +0.008%
=The price spread pays, funding is against you. SunX is 0.075% dearer against Binance than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.008%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.228% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.228% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.75 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 | Binance AMDUSDT | 622.39 | 0.0775 | pay 0.0775% / 8h | 6h 48m | $75.6M | $190.5M | 25x |
| Short | SunX AMD-USDT | 622.91 | 0 | get 0.0000% / 8h | 6h 48m | $1K | $8.5M | 10x |
Binance AMDUSDT
SunX AMD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$162.66
- Price spread: +0.084% → +0.008%
- $7.52
- Slippage, 4 orders
- −$256.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$429.74
- Costs to cover
- 2.746%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; SunX: 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 Binance live order book, 10 min ago | 0.08 bp | 7.7 bp −$8 | 15.3 bp −$153 | 59.3 bp −$5,935 | doesn't fit |
| Sell SunX live order book, 10 min ago | 44.85 bp | 132.2 bp −$132 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0927% | 4h | 622.08 | −0.050% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDTshort | 0.0000% | 8h | 622.91 | +0.084% | $1K | $8.5M | 10x | |
| Phemex AMDUSDT | 0.0000% | 8h | 622.45 | +0.010% | $1.8M | $460K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.11 | −0.045% | $535K | $2.4M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.13 | −0.042% | $838K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.714% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.69 | +0.048% | $144K | $264K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.37 | −0.003% | $397K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.83 | −0.090% | $1.5M | $4.2M | 10x | as long as short |
| SoDEX AMD-USD | +0.0051% | 1h | 622.44 | +0.008% | $26K | $24K | 10x | as long as short |
edgeX AMDUSDC
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
SoDEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0063% | 1h | 623.99 | +0.257% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.75 | +0.058% | $2.2M | $12.6M | 10x | as long as short |
| Gate AMD_USDT | +0.0081% | 8h | 622.52 | +0.021% | $4.5M | $13.2M | 50x | as long as short |
| tradeXYZ xyz:AMD | +0.0100% | 1h | 622.01 | −0.061% | $25.1M | $93.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.26 | −0.021% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.52 | +0.021% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.52 | +0.021% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 623.02 | +0.101% | $300K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0136% | 1h | 622.27 | −0.019% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | +0.0160% | 8h | 622.42 | +0.005% | $132K | $579K | 20x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 622.53 | +0.022% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 622.83 | +0.071% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0277% | 8h | 622.18 | −0.034% | $6.9M | $28.2M | 25x | as long as short |
| Nado AMD-PERP | +0.0280% | 1h | 622.15 | −0.039% | $275K | $197K | 10x | as long as short |
| Aster AMDUSDT | +0.0414% | 8h | 622.11 | −0.046% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0623% | 8h | 622.49 | +0.016% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMD | +0.0728% | 8h | 622.86 | +0.075% | $2.6M | $3.2M | — | as long as short |
| Binance AMDUSDTlong | +0.0775% | 8h | 622.39 | long leg | $75.6M | $190.5M | 25x | |
| Extended AMD_24_5-USD | +0.0776% | 1h | 622.17 | −0.036% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0779% | 8h | 622.73 | +0.055% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.1159% | 8h | 622.09 | −0.048% | $18K | $131K | 10x | as long as short |
Vest AMD-USD-PERP
QFEX AMD-USD
Gate AMD_USDT
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT
GRVT AMD_USDT_Perp