Funding you earn now, next payment 23:00 UTC−0.0510%/8h= −55.9% APRnext payment −$0.64 per $10,000 · paid last 24h −0.016%
Price spread now: Polymarket Perps against Deribit−0.034%7-day average −0.027% · 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−$36as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 5 days (all we have)−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.126%+$13 · spread now −0.034%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$15 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 -0.033% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 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 | 617.39 | 0.0561 | pay 0.0070% / 1h | 37m 51s | $77K | $163K | 10x |
| Short | Polymarket Perps AMD-USD | 617.18 | 0.0050 | get 0.0006% / 1h | 37m 51s | $406K | $1.6M | 10x |
Deribit AMD_USDC-PERPETUAL
Polymarket Perps AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. 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
- −$107.15
- Price spread: −0.034% → −0.027%
- −$0.65
- Slippage, 4 orders
- −$19.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$142.72
- Costs to cover
- 0.349%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 46 min ago; Polymarket Perps: live order book, 1 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, 46 min ago | 6.01 bp | 9.5 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 0.32 bp | 5.3 bp −$5 | 5.4 bp −$54 | 9.5 bp −$951 | 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 | −0.010% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 617.50 | +0.018% | $4.4M | $13.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 617.69 | +0.049% | $2K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 617.29 | −0.016% | $127K | $577K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 617.52 | +0.021% | $1.7M | $460K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0021% | 8h | 617.46 | +0.011% | $6.8M | $28.6M | 25x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 617.29 | −0.016% | $828K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.918% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 618.13 | +0.120% | — | $949K | 25x | as long as short |
| Polymarket Perps AMD-USDshort | +0.0050% | 1h | 617.18 | −0.034% | $406K | $1.6M | 10x |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
OKX AMD-USDT-SWAP
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERPShow 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 | −0.224% | $1.4M | $4.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 616.60 | −0.128% | $310K | $1.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 617.50 | +0.018% | $2.3M | $13.2M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0081% | 1h | 617.09 | −0.049% | $24.8M | $95.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 616.89 | −0.081% | $1.9M | $323K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 617.46 | +0.011% | $377 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0110% | 8h | 616.96 | −0.070% | $71K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 616.47 | −0.149% | $2K | $94K | 10x | as long as short |
| Aevo AMD-PERP | +0.0192% | 1h | 617.58 | +0.031% | $11K | — | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0194% | 1h | 617.06 | −0.053% | $79K | $259K | 50x | as long as short |
| Lighter AMD | +0.0224% | 1h | 617.44 | +0.008% | $534K | $2.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0267% | 1h | 617.45 | +0.010% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0389% | 8h | 617.36 | −0.005% | $17K | $140K | 10x | as long as short |
| Variational Omni AMD | +0.0398% | 8h | 617.34 | −0.007% | $2.7M | $3.1M | — | as long as short |
| Nado AMD-PERP | +0.0432% | 1h | 616.78 | −0.098% | $314K | $166K | 10x | as long as short |
| BloFin AMD-USDT | +0.0450% | 8h | 617.60 | +0.034% | $6K | $542K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0456% | 1h | 617.63 | +0.038% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0460% | 8h | 617.67 | +0.045% | $75.3M | $193.3M | 25x | as long as short |
| Bitget AMDUSDT | +0.0496% | 8h | 617.53 | +0.023% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0561% | 1h | 617.39 | long leg | $77K | $163K | 10x | |
| Arcus AMD-USD | +0.0780% | 1h | 617.45 | +0.010% | $143K | $275K | 10x | as long as short |
Ondo Perps AMD-USD.P
Coinbase International AMD-PERP-INTX
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
Aevo AMD-PERP
ApeX Omni AMDUSDT
Lighter AMD
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Variational Omni AMD
Nado AMD-PERP
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT
Bitget AMDUSDT
Arcus AMD-USD