Funding you earn now, next payment 08:00 UTC+0.0660%/8h= +72.3% APRnext payment +$6.60 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against Bitget−0.045%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.045%, 7d avg +0.019%
=Funding pays, the price is against you. Binance is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.019%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.029% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.60 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 | Bitget AMDUSDT | 621.94 | 0.0005 | pay 0.0005% / 8h | 4h 31m | $10.3M | $17.1M | 20x |
| Short | Binance AMDUSDT | 621.66 | 0.0665 | get 0.0665% / 8h | 4h 31m | $74.0M | $194.5M | 25x |
Bitget AMDUSDT
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $138.69
- Price spread: −0.045% → +0.019%
- −$6.45
- Slippage, 4 orders
- −$13.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $96.41
- Costs to cover
- 0.358%
- Break-even
- 2.1 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 12 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 Bitget live order book, 3 min ago | 2.09 bp | 10.4 bp −$10 | 18.9 bp −$189 | 47.8 bp −$4,778 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.16 bp | 6.2 bp −$6 | 10.6 bp −$106 | 44.4 bp −$4,442 | 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 | −0.0987% | 4h | 621.86 | −0.013% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 621.80 | −0.023% | $4.5M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.77 | −0.027% | $815 | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.53 | −0.066% | $121K | $612K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.20 | −0.119% | $1.8M | $458K | 10x | as long as short |
| Bitget AMDUSDTlong | +0.0005% | 8h | 621.94 | long leg | $10.3M | $17.1M | 20x | |
| Lighter AMD | +0.0032% | 1h | 621.25 | −0.111% | $553K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.25 | −0.111% | $839K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.643% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.64 | −0.048% | $145K | $263K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMD | +0.0050% | 1h | 621.27 | −0.108% | $23.7M | $94.3M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.26 | −0.109% | $398K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.43 | −0.082% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.10 | −0.135% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0059% | 1h | 622.83 | +0.143% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.52 | −0.068% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0094% | 1h | 621.07 | −0.139% | $268K | $224K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.21 | −0.117% | $1.9M | $286K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.93 | −0.162% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.16 | −0.125% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.95 | −0.159% | $317K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0185% | 1h | 621.27 | −0.108% | $77K | $151K | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 621.14 | −0.129% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 621.86 | −0.013% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0257% | 8h | 621.65 | −0.047% | $6.9M | $28.0M | 25x | as long as short |
| Aster AMDUSDT | +0.0307% | 8h | 621.20 | −0.119% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0441% | 8h | 621.79 | −0.024% | $17K | $144K | 10x | as long as short |
| Variational Omni AMD | +0.0626% | 8h | 622.16 | +0.035% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0644% | 8h | 621.84 | −0.016% | $7K | $550K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0664% | 1h | 621.47 | −0.075% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0665% | 8h | 621.66 | −0.045% | $74.0M | $194.5M | 25x |
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD