Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Coinbase International+0.085%75s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.085%, 7d avg +0.114%
=Funding pays, the price is against you. ApeX Omni is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.114%). If the spread goes back, that is −$3 on $10k: about 8.1 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.117% in total) that is about 42 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 621.55 | 0.0088 | pay 0.0011% / 1h | 56m 21s | $316K | $1.9M | 10x |
| Short | ApeX Omni AMDUSDT | 622.08 | 0.0100 | get 0.0013% / 1h | 56m 21s | $80K | $258K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $2.52
- Price spread: +0.085% → +0.114%
- −$2.9
- Slippage, 4 orders
- −$18.48
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$38.86
- Costs to cover
- 0.385%
- Break-even
- 115.0 days
Slippage from Coinbase International: live order book, 2 min ago; ApeX Omni: live order book, 60 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 Coinbase International live order book, 2 min ago | 3.94 bp | 8.9 bp −$9 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 60 min ago | 5.30 bp | 10.3 bp −$10 | 10.4 bp −$104 | 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 | −0.0021% | 4h | 622.40 | +0.136% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.19 | +0.103% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.32 | +0.124% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.14 | +0.095% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.51 | −0.006% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.90 | +0.056% | $118K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.16 | +0.098% | $1.8M | $460K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 621.90 | +0.056% | $554K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.83 | +0.045% | $846K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.582% | $5K | $55K | 12x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 622.55 | +0.161% | $145K | $266K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 622.19 | +0.103% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.80 | +0.040% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.98 | +0.069% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.50 | −0.008% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0065% | 1h | 623.59 | +0.328% | — | $923K | 25x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0088% | 1h | 621.55 | long leg | $316K | $1.9M | 10x | |
| Nado AMD-PERP | +0.0096% | 1h | 621.91 | +0.058% | $268K | $230K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.89 | +0.055% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDTshort | +0.0100% | 1h | 622.08 | +0.085% | $80K | $258K | 50x | |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.98 | +0.069% | $372 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0161% | 1h | 621.87 | +0.051% | $23.6M | $94.5M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.28 | +0.117% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0224% | 1h | 622.30 | +0.120% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0228% | 8h | 621.83 | +0.046% | $72K | $412K | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0230% | 8h | 621.97 | +0.068% | $6.9M | $28.2M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0303% | 8h | 622.56 | +0.162% | $18K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0526% | 8h | 622.92 | +0.221% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0582% | 8h | 622.01 | +0.074% | $72.9M | $195.9M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0584% | 1h | 621.94 | +0.063% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0601% | 8h | 622.52 | +0.156% | $7K | $550K | 20x | as long as short |
Coinbase International AMD-PERP-INTX
ApeX Omni AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT