Funding you earn now, next payment 23:00 UTC+0.0467%/8h= +51.2% APRpaid last 24h +0.087%
Price spread now: Binance against Coinbase International+0.076%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.325% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 2 days (all we have)+0.094%+$9 · spread now +0.076%, 7d avg +0.122%
=Funding pays, the price is against you. Binance is 0.047% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.076% now, against its 7-day average of +0.122%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.017% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% 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 | Coinbase International AMD-PERP-INTX | 619.63 | 0.0080 | pay 0.0010% / 1h | 28m 06s | $312K | $1.8M | 10x |
| Short | Binance AMDUSDT | 620.10 | 0.0547 | get 0.0547% / 8h | 28m 06s | $75.5M | $192.4M | 25x |
Coinbase International AMD-PERP-INTX
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $98.16
- Price spread: +0.076% → +0.122%
- −$4.66
- Slippage, 4 orders
- −$12.45
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $61.05
- Costs to cover
- 0.325%
- Break-even
- 2.6 days
Slippage from Coinbase International: live order book, 1 min ago; Binance: live order book, 15 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, 1 min ago | 2.99 bp | 10.0 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.08 bp | 7.0 bp −$7 | 12.6 bp −$126 | 46.0 bp −$4,602 | 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 | −0.0270% | 4h | 620.28 | +0.104% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.34 | +0.115% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.13 | +0.081% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.01 | +0.061% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.21 | +0.094% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.78 | +0.024% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.277% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.06 | +0.231% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.79 | +0.026% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.26 | −0.060% | $1.5M | $4.8M | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.10 | +0.076% | $2.3M | $13.5M | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0080% | 1h | 619.63 | long leg | $312K | $1.8M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.93 | +0.048% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.95 | +0.052% | $378 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0108% | 1h | 620.00 | +0.060% | $80K | $258K | 50x | as long as short |
| SoDEX AMD-USD | +0.0111% | 1h | 619.99 | +0.058% | $25K | $24K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0122% | 1h | 619.64 | +0.002% | $24.8M | $94.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0145% | 8h | 620.15 | +0.084% | $6.8M | $28.6M | 25x | as long as short |
| Lighter AMD | +0.0168% | 1h | 619.87 | +0.039% | $525K | $2.5M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.08 | +0.073% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0212% | 8h | 620.18 | +0.089% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.43 | +0.130% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0481% | 1h | 619.51 | −0.019% | $317K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0486% | 8h | 620.43 | +0.129% | $17K | $134K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0493% | 1h | 619.92 | +0.047% | $77K | $163K | 10x | as long as short |
| Variational Omni AMD | +0.0497% | 8h | 620.44 | +0.131% | $2.7M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0521% | 8h | 620.20 | +0.092% | $6K | $545K | 20x | as long as short |
| Bitget AMDUSDT | +0.0543% | 8h | 620.14 | +0.082% | $10.1M | $18.0M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.01 | +0.061% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0547% | 8h | 620.10 | +0.076% | $75.5M | $192.4M | 25x | |
| Arcus AMD-USD | +0.0919% | 1h | 619.95 | +0.052% | $145K | $265K | 10x | as long as short |
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
ApeX Omni AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
OKX AMD-USDT-SWAP
Lighter AMD
Phoenix AMD
Aster AMDUSDT
Aevo AMD-PERP
Nado AMD-PERP
GRVT AMD_USDT_Perp
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
BloFin AMD-USDT
Bitget AMDUSDT
Extended AMD_24_5-USD
Arcus AMD-USD