Funding you earn now, next payment 05:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.023%
Price spread now: Phemex against Coinbase International−0.096%7-day average +0.127% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.096%, 7d avg +0.127%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.223% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 615.08 | 0.0072 | pay 0.0009% / 1h | 57m 21s | $321K | $1.9M | 10x |
| Short | Phemex AMDUSDT | 614.49 | 0 | get 0.0000% / 8h | 2h 57m | $1.7M | $461K | 10x |
Coinbase International AMD-PERP-INTX
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$15.12
- Price spread: −0.096% → +0.127%
- −$22.33
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$59.45
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; Phemex: live order book, 1 min ago. Net counts fees only.
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 | 1.38 bp | 6.4 bp −$6 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 15.86 bp | doesn't fit | 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 | −0.0566% | 4h | 614.95 | −0.021% | $77K | $1.7M | 10x | as long as short |
| Nado AMD-PERP | −0.0002% | 1h | 615.36 | +0.046% | $256K | $239K | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 616.02 | +0.153% | $4.4M | $13.9M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 616.23 | +0.187% | $10.2M | $17.2M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.71 | +0.102% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 615.22 | +0.023% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.16 | +0.013% | $116K | $621K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 614.49 | −0.096% | $1.7M | $461K | 10x | |
| Lighter AMD | +0.0032% | 1h | 615.46 | +0.062% | $525K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 615.29 | +0.034% | $792K | $4.5M | 10x | as long as short |
edgeX AMDUSDC
Nado AMD-PERP
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Lighter AMD
Lighter RH AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0032% | 1h | 615.51 | +0.070% | $2.1M | $11.6M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 615.15 | +0.011% | $140K | $269K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.66 | +0.257% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 615.53 | +0.073% | $23.2M | $94.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.18 | +0.016% | $400K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 615.32 | +0.039% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.23 | +0.024% | $1.2M | $4.9M | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0072% | 1h | 615.08 | long leg | $321K | $1.9M | 10x | |
| Aster AMDUSDT | +0.0089% | 8h | 615.84 | +0.124% | $69K | $415K | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.20 | +0.020% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 614.99 | −0.015% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.80 | +0.117% | $368 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 614.83 | −0.041% | $2K | $89K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0156% | 8h | 616.00 | +0.150% | $6.6M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0159% | 8h | 615.10 | +0.003% | $20K | $162K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.04 | +0.156% | $11K | — | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 619.05 | +0.645% | $2K | $57K | 12x | as long as short |
| Variational Omni AMD | +0.0358% | 8h | 614.82 | −0.043% | $2.5M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0399% | 8h | 615.25 | +0.028% | $6K | $546K | 20x | as long as short |
| Binance AMDUSDT | +0.0420% | 8h | 615.95 | +0.142% | $71.4M | $199.2M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0424% | 1h | 615.37 | +0.048% | $459K | $3.1M | 10x | as long as short |
QFEX AMD-USD
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Aster AMDUSDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Injective AMD/USDC PERP
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD