AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0472%/8h= −51.7% APRnext payment −$0.59 per $10,000 · paid last 24h −0.080%

Price spread now: Coinbase International against Extended−0.033%7-day average −0.105% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 3 days (all we have)−0.093%−$9 · spread now −0.033%, 7d avg −0.105%

Together, before fees−0.106%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.072% dearer against Extended than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.105%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.013% in total) that is about 39 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.59 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	Extended AMD_24_5-USD	620.80	0.0552	pay 0.0069% / 1h	2m 22s	$464K	$1.5M	10x
Short	Coinbase International AMD-PERP-INTX	620.60	0.0080	get 0.0010% / 1h	2m 22s	$312K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$99.12
Price spread: −0.033% → −0.105%: $7.21
Slippage, 4 orders: −$13.15
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$120.06
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Coinbase International: 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 Extended live order book, 1 min ago	0.64 bp	6.7 bp −$7	60.7 bp −$607	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.08 bp	6.2 bp −$6	11.9 bp −$119	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	−0.0155%	4h	620.52	−0.045%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	621.04	+0.038%	$4.4M	$13.7M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.88	+0.012%	$1K	$8.9M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.68	−0.020%	$132K	$579K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.00	+0.032%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.43	−0.060%	$839K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.463%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.63	+0.133%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.53	−0.044%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.66	−0.184%	$1.5M	$4.9M	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	620.74	−0.010%	$2.3M	$13.6M	10x	as long as short
Coinbase International AMD-PERP-INTXshort	+0.0080%	1h	620.60	−0.033%	$312K	$1.8M	10x
KuCoin AMDUSDTM	+0.0100%	8h	620.60	−0.033%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.55	−0.041%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.69	−0.018%	$379	$6K	10x	as long as short
SoDEX AMD-USD	+0.0101%	1h	620.71	−0.015%	$25K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0131%	1h	620.43	−0.060%	$24.9M	$94.5M	10x	as long as short
Lighter AMD	+0.0136%	1h	620.51	−0.047%	$530K	$2.5M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0173%	8h	620.72	−0.013%	$6.8M	$28.7M	25x	as long as short
Phoenix AMD	+0.0207%	1h	620.48	−0.052%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0210%	8h	620.91	+0.017%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	621.18	+0.060%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0455%	1h	620.09	−0.115%	$318K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0471%	8h	620.74	−0.010%	$18K	$133K	10x	as long as short
Variational Omni AMD	+0.0498%	8h	620.77	−0.005%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0521%	8h	620.87	+0.011%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0543%	8h	620.74	−0.010%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0551%	8h	620.89	+0.015%	$75.7M	$192.7M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0552%	1h	620.80	long leg	$464K	$1.5M	10x
Deribit AMD_USDC-PERPETUAL	+0.0831%	1h	620.65	−0.025%	$77K	$160K	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.64	−0.026%	$145K	$264K	10x	as long as short