Funding you earn now, next payment 08:00 UTC+0.0769%/8h= +84.2% APRnext payment +$7.69 per $10,000 · paid last 24h +0.118%
Price spread now: Binance against Gate−0.015%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 2 days (all we have)+0.049%+$5 · spread now −0.015%, 7d avg +0.013%
=Funding pays, the price is against you. Binance is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.013%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.228% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.228% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.69 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 | Gate AMD_USDT | 620.01 | 0.0014 | pay 0.0014% / 8h | 6h 09m | $4.5M | $13.4M | 50x |
| Short | Binance AMDUSDT | 619.92 | 0.0783 | get 0.0783% / 8h | 6h 09m | $75.3M | $190.4M | 25x |
Gate AMD_USDT
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $161.43
- Price spread: −0.015% → +0.013%
- −$2.74
- Slippage, 4 orders
- −$14.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $118.97
- Costs to cover
- 0.397%
- Break-even
- 1.8 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 4 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 Gate live order book, 4 min ago | 1.93 bp | 14.0 bp −$14 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.08 bp | 7.9 bp −$8 | 13.4 bp −$134 | 53.7 bp −$5,369 | doesn't fit |
AMD on 30 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 | −0.0632% | 4h | 620.49 | +0.077% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.12 | +0.018% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.56 | +0.089% | $121K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.62 | −0.063% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDTlong | +0.0014% | 8h | 620.01 | long leg | $4.5M | $13.4M | 50x | |
| Lighter RH AMD | +0.0032% | 1h | 619.60 | −0.066% | $844K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.337% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 620.51 | +0.081% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.64 | −0.060% | $395K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.24 | −0.124% | $1.5M | $4.2M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0060% | 1h | 620.91 | +0.145% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.99 | −0.003% | $2.2M | $12.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.61 | −0.065% | $1.9M | $287K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.42 | +0.066% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.99 | −0.003% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 619.72 | −0.047% | $305K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0162% | 1h | 619.43 | −0.094% | $25.0M | $93.5M | 10x | as long as short |
| Lighter AMD | +0.0176% | 1h | 619.62 | −0.063% | $549K | $2.4M | 10x | as long as short |
| SoDEX AMD-USD | +0.0184% | 1h | 619.82 | −0.031% | $25K | $24K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0234% | 1h | 619.66 | −0.056% | $77K | $151K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.61 | +0.097% | $2K | $90K | 10x | as long as short |
| Bitget AMDUSDT | +0.0272% | 8h | 620.08 | +0.011% | $10.3M | $17.1M | 20x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 620.36 | +0.056% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0283% | 8h | 619.85 | −0.026% | $6.9M | $28.0M | 25x | as long as short |
| Nado AMD-PERP | +0.0408% | 1h | 619.28 | −0.117% | $268K | $207K | 10x | as long as short |
| Aster AMDUSDT | +0.0410% | 8h | 619.97 | −0.006% | $72K | $413K | 50x | as long as short |
| Variational Omni AMD | +0.0727% | 8h | 620.34 | +0.053% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDTshort | +0.0783% | 8h | 619.92 | −0.015% | $75.3M | $190.4M | 25x | |
| Extended AMD_24_5-USD | +0.0784% | 1h | 619.81 | −0.032% | $463K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0813% | 8h | 620.45 | +0.071% | $17K | $134K | 10x | as long as short |
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
Lighter AMD
SoDEX AMD-USD
Deribit AMD_USDC-PERPETUAL
Phoenix AMD
Bitget AMDUSDT
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp