Funding you earn now, next payment 00:00 UTC−0.0325%/8h= −35.6% APRnext payment −$3.25 per $10,000 · paid last 24h −0.101%
Price spread now: Gate against GRVT−0.034%111s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.034%, 7d avg −0.031%
=Together, before fees−0.124%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.25 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 | GRVT AMD_USDT_Perp | 615.88 | 0.0325 | pay 0.0325% / 8h | 2h 39m | $17K | $142K | 10x |
| Short | Gate AMD_USDT | 615.67 | 0 | get 0.0000% / 8h | 2h 39m | $4.3M | $13.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$68.25
- Price spread: −0.034% → −0.031%
- −$0.25
- Slippage, 4 orders
- −$17.43
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.93
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 46 min ago; Gate: 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, 46 min ago | 0.98 bp | 7.4 bp −$7 | 13154.8 bp −$131.5K | 221477.9 bp −$22.15M | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.98 bp | 12.2 bp −$12 | 29.0 bp −$290 | 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 | −0.0896% | 4h | 615.92 | +0.008% | $81K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | 0.0000% | 8h | 615.40 | −0.078% | $6.7M | $28.4M | 25x | as long as short |
| Gate AMD_USDTshort | 0.0000% | 8h | 615.67 | −0.034% | $4.3M | $13.4M | 50x | |
| SunX AMD-USDT | 0.0000% | 8h | 615.86 | −0.003% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.62 | −0.042% | $127K | $583K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.69 | −0.031% | $1.7M | $454K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 615.47 | −0.066% | $880K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.675% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.31 | +0.070% | — | $948K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 615.20 | −0.110% | $24.9M | $95.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.46 | −0.068% | $409K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.06 | −0.133% | $1.4M | $4.7M | 10x | as long as short |
| Aster AMDUSDT | +0.0060% | 8h | 615.91 | +0.006% | $71K | $411K | 50x | as long as short |
| Lighter AMD | +0.0080% | 1h | 615.52 | −0.058% | $600K | $2.6M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 615.85 | −0.005% | $2.3M | $13.1M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.21 | −0.108% | $1.9M | $327K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.36 | −0.084% | $79K | $259K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.75 | −0.021% | $376 | $11K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 615.04 | −0.136% | $311K | $1.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0126% | 1h | 615.53 | −0.056% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0156% | 1h | 615.23 | −0.105% | $2K | $94K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0156% | 1h | 615.47 | −0.066% | $77K | $163K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.07 | +0.032% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perplong | +0.0325% | 8h | 615.88 | long leg | $17K | $142K | 10x | |
| Nado AMD-PERP | +0.0347% | 1h | 615.10 | −0.127% | $313K | $166K | 10x | as long as short |
| Variational Omni AMD | +0.0349% | 8h | 615.86 | −0.003% | $2.7M | $3.1M | — | as long as short |
| Extended AMD_24_5-USD | +0.0400% | 1h | 615.83 | −0.008% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0404% | 8h | 615.89 | +0.002% | $74.8M | $192.8M | 25x | as long as short |
| BloFin AMD-USDT | +0.0423% | 8h | 615.86 | −0.003% | $6K | $540K | 20x | as long as short |
| Bitget AMDUSDT | +0.0451% | 8h | 615.74 | −0.022% | $10.0M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.1053% | 1h | 615.60 | −0.045% | $142K | $282K | 10x | as long as short |
GRVT AMD_USDT_Perp
Gate AMD_USDT
edgeX AMDUSDC
OKX AMD-USDT-SWAP
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Aster AMDUSDT
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
SoDEX AMD-USD
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Bitget AMDUSDT