Funding you earn now, next payment 23:00 UTC+0.0464%/8h= +50.8% APRpaid last 24h +0.030%
Price spread now: Bitget against Coinbase International+0.103%47s7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as 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−$360.362% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.103%, 7d avg +0.130%
=Funding pays, the price is against you. Bitget is 0.027% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.103% now, against its 7-day average of +0.130%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% 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 | 33m 27s | $312K | $1.8M | 10x |
| Short | Bitget AMDUSDT | 620.27 | 0.0544 | get 0.0544% / 8h | 33m 27s | $10.1M | $18.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $97.44
- Price spread: +0.103% → +0.130%
- −$2.7
- Slippage, 4 orders
- −$14.19
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $58.55
- Costs to cover
- 0.362%
- Break-even
- 2.8 days
Slippage from Coinbase International: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 1.29 bp | 6.7 bp −$7 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.37 bp | 12.3 bp −$12 | 24.7 bp −$247 | 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 | −0.0554% | 4h | 620.45 | +0.133% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.51 | +0.142% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.26 | +0.102% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.99 | +0.058% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.27 | +0.103% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.01 | +0.061% | $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 | 621.23 | +0.258% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.00 | +0.060% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.60 | −0.005% | $1.5M | $4.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.23 | +0.097% | $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 | 620.08 | +0.073% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.11 | +0.077% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0121% | 1h | 619.94 | +0.050% | $24.8M | $94.6M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0129% | 1h | 620.18 | +0.089% | $80K | $259K | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0137% | 8h | 620.26 | +0.102% | $6.8M | $28.6M | 25x | as long as short |
| SoDEX AMD-USD | +0.0139% | 1h | 620.05 | +0.068% | $25K | $24K | 10x | as long as short |
| Lighter AMD | +0.0184% | 1h | 620.07 | +0.071% | $525K | $2.5M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.01 | +0.061% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0215% | 8h | 620.35 | +0.116% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.41 | +0.126% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0347% | 1h | 620.02 | +0.063% | $77K | $163K | 10x | as long as short |
| Nado AMD-PERP | +0.0488% | 1h | 619.80 | +0.028% | $317K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0490% | 8h | 620.50 | +0.141% | $17K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0500% | 8h | 620.42 | +0.128% | $2.7M | $3.2M | — | as long as short |
| Bitget AMDUSDTshort | +0.0544% | 8h | 620.27 | +0.103% | $10.1M | $18.0M | 20x | |
| Binance AMDUSDT | +0.0548% | 8h | 620.30 | +0.108% | $75.6M | $192.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 620.16 | +0.086% | $464K | $1.5M | 10x | as long as short |
| BloFin AMD-USDT | +0.0567% | 8h | 620.36 | +0.118% | $6K | $545K | 20x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.21 | +0.094% | $145K | $265K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
KuCoin AMDUSDTM
tradeXYZ xyz:AMD
ApeX Omni AMDUSDT
OKX AMD-USDT-SWAP
SoDEX AMD-USD
Lighter AMD
Phoenix AMD
Aster AMDUSDT
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT