Funding you earn now, next payment 23:00 UTC−0.0393%/8h= −43.0% APRpaid last 24h −0.059%
Price spread now: Coinbase International against GRVT−0.083%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now −0.083%, 7d avg −0.144%
=Together, before fees−0.061%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.061% dearer against GRVT than usual: you sell high and buy low (spread −0.083% now, against its 7-day average of −0.144%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment. 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 | GRVT AMD_USDT_Perp | 620.15 | 0.0473 | pay 0.0473% / 8h | 54m 44s | $17K | $136K | 10x |
| Short | Coinbase International AMD-PERP-INTX | 619.63 | 0.0080 | get 0.0010% / 1h | 54m 44s | $312K | $1.8M | 10x |
GRVT AMD_USDT_Perp
Coinbase International AMD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- −$82.53
- Price spread: −0.083% → −0.144%
- $6.07
- Slippage, 4 orders
- −$20.92
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$116.38
- Costs to cover
- 0.399%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 22 min ago; Coinbase International: 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 GRVT live order book, 22 min ago | 1.13 bp | 10.1 bp −$10 | 18284.3 bp −$182.8K | 272758.3 bp −$27.28M | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.87 bp | 9.7 bp −$10 | 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 | −0.0860% | 4h | 620.15 | 0.000% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.78 | +0.102% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.74 | +0.096% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.54 | +0.063% | $132K | $580K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.81 | +0.107% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.21 | +0.010% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.359% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.23 | +0.175% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.53 | −0.099% | $1.5M | $4.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.45 | +0.049% | $2.3M | $13.4M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTXshort | +0.0080% | 1h | 619.63 | −0.083% | $312K | $1.8M | 10x | |
| Polymarket Perps AMD-USD | +0.0088% | 1h | 620.27 | +0.020% | $395K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0098% | 8h | 620.66 | +0.083% | $6.8M | $28.6M | 25x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.86 | −0.046% | $1.9M | $315K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.23 | +0.013% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0145% | 1h | 620.12 | −0.004% | $24.9M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 619.83 | −0.051% | $2K | $92K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0186% | 1h | 619.72 | −0.069% | $80K | $259K | 50x | as long as short |
| Aster AMDUSDT | +0.0206% | 8h | 619.68 | −0.076% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.56 | +0.067% | $11K | — | 10x | as long as short |
| Lighter AMD | +0.0232% | 1h | 620.45 | +0.049% | $533K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0373% | 1h | 620.63 | +0.078% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perplong | +0.0473% | 8h | 620.15 | long leg | $17K | $136K | 10x | |
| Variational Omni AMD | +0.0480% | 8h | 620.23 | +0.014% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0508% | 1h | 619.73 | −0.067% | $317K | $167K | 10x | as long as short |
| BloFin AMD-USDT | +0.0517% | 8h | 620.86 | +0.115% | $6K | $545K | 20x | as long as short |
| Bitget AMDUSDT | +0.0534% | 8h | 620.54 | +0.063% | $10.1M | $18.1M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0536% | 1h | 620.70 | +0.090% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0537% | 8h | 620.78 | +0.102% | $75.7M | $192.2M | 25x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.38 | +0.038% | $145K | $265K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0944% | 1h | 620.45 | +0.049% | $77K | $163K | 10x | as long as short |
Polymarket Perps AMD-USD
OKX AMD-USDT-SWAP
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
tradeXYZ xyz:AMD
Phoenix AMD
ApeX Omni AMDUSDT
Aster AMDUSDT
Aevo AMD-PERP
Lighter AMD
SoDEX AMD-USD
Variational Omni AMD
Nado AMD-PERP
BloFin AMD-USDT
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
Arcus AMD-USD
Deribit AMD_USDC-PERPETUAL