AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0635%/8h= −69.5% APRnext payment −$0.79 per $10,000 · paid last 24h −0.020%

Price spread now: Coinbase International against Deribit−0.094%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.044%−$4 on $10k

Price spread, last 3 days (all we have)+0.045%+$4 · spread now −0.094%, 7d avg −0.090%

Together, before fees+0.001%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.044% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.79 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	Deribit AMD_USDC-PERPETUAL	617.18	0.0707	pay 0.0088% / 1h	38m 36s	$77K	$163K	10x
Short	Coinbase International AMD-PERP-INTX	616.60	0.0072	get 0.0009% / 1h	38m 36s	$310K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now −0.094%Rate

Funding earned: −$133.32
Price spread: −0.094% → −0.090%: −$0.37
Slippage, 4 orders: −$23.59
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$174.28
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from Deribit: live order book, 45 min ago; Coinbase International: 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 Deribit live order book, 45 min ago	6.01 bp	9.5 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.76 bp	7.8 bp −$8	12.4 bp −$124	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	−0.0700%	4h	617.33	+0.024%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	617.50	+0.052%	$4.4M	$13.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	617.71	+0.086%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	617.34	+0.026%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	617.12	−0.010%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0020%	8h	617.33	+0.024%	$6.8M	$28.6M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	617.19	+0.002%	$828K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.885%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	618.13	+0.154%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	617.22	+0.006%	$406K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	616.01	−0.190%	$1.4M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTXshort	+0.0072%	1h	616.60	−0.094%	$310K	$1.8M	10x
QFEX AMD-USD	+0.0080%	1h	617.50	+0.052%	$2.3M	$13.2M	10x	as long as short
tradeXYZ xyz:AMD	+0.0083%	1h	617.00	−0.029%	$24.8M	$95.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.75	−0.070%	$1.9M	$323K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	617.33	+0.024%	$377	$6K	10x	as long as short
Aster AMDUSDT	+0.0110%	8h	616.96	−0.036%	$71K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	616.47	−0.115%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0192%	1h	617.85	+0.108%	$11K	—	10x	as long as short
ApeX Omni AMDUSDT	+0.0194%	1h	617.06	−0.019%	$79K	$259K	50x	as long as short
Lighter AMD	+0.0224%	1h	617.33	+0.024%	$534K	$2.6M	10x	as long as short
SoDEX AMD-USD	+0.0262%	1h	617.46	+0.045%	$25K	$24K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0389%	8h	617.36	+0.029%	$17K	$140K	10x	as long as short
Variational Omni AMD	+0.0398%	8h	617.34	+0.027%	$2.7M	$3.1M	—	as long as short
Nado AMD-PERP	+0.0432%	1h	616.78	−0.064%	$314K	$166K	10x	as long as short
BloFin AMD-USDT	+0.0450%	8h	617.60	+0.068%	$6K	$542K	20x	as long as short
Extended AMD_24_5-USD	+0.0456%	1h	617.54	+0.059%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0460%	8h	617.68	+0.081%	$75.3M	$193.3M	25x	as long as short
Bitget AMDUSDT	+0.0496%	8h	617.61	+0.070%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0707%	1h	617.18	long leg	$77K	$163K	10x
Arcus AMD-USD	+0.0780%	1h	617.45	+0.044%	$143K	$275K	10x	as long as short