Funding you earn now, next payment 00:00 UTC+0.0317%/8h= +34.7% APRnext payment +$3.17 per $10,000 · paid last 24h +0.095%
Price spread now: Binance against KuCoin+0.113%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 2 days (all we have)+0.016%+$2 · spread now +0.113%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.045% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.17 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 | KuCoin AMDUSDTM | 616.00 | 0.0100 | pay 0.0100% / 8h | 2h 01m | $1.9M | $323K | 20x |
| Short | Binance AMDUSDT | 616.70 | 0.0417 | get 0.0417% / 8h | 2h 01m | $74.9M | $193.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $66.62
- Price spread: +0.113% → +0.068%
- $4.5
- Slippage, 4 orders
- −$71.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.48
- Costs to cover
- 0.936%
- Break-even
- 9.4 days
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 12 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 KuCoin live order book, 5 min ago | 10.31 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.08 bp | 7.5 bp −$8 | 13.8 bp −$138 | 58.2 bp −$5,817 | 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 | −0.0724% | 4h | 616.59 | +0.095% | $81K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | 0.0000% | 8h | 616.56 | +0.091% | $6.8M | $28.5M | 25x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 616.65 | +0.106% | $4.3M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 616.59 | +0.096% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 616.37 | +0.060% | $127K | $578K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.61 | +0.099% | $1.7M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 616.13 | +0.021% | $845K | $4.8M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.695% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 617.08 | +0.175% | — | $949K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 616.05 | +0.008% | $24.9M | $95.8M | 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 | 616.30 | +0.049% | $405K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.89 | −0.018% | $1.4M | $4.8M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 616.22 | +0.036% | $574K | $2.7M | 10x | as long as short |
| SoDEX AMD-USD | +0.0058% | 1h | 616.41 | +0.067% | $25K | $24K | 10x | as long as short |
| Aster AMDUSDT | +0.0074% | 8h | 616.58 | +0.094% | $71K | $414K | 50x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 616.52 | +0.084% | $2.3M | $13.2M | 10x | as long as short |
| KuCoin AMDUSDTMlong | +0.0100% | 8h | 616.00 | long leg | $1.9M | $323K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 616.13 | +0.021% | $79K | $259K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 616.45 | +0.073% | $376 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 615.75 | −0.041% | $311K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0156% | 1h | 615.96 | −0.006% | $2K | $94K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.85 | +0.137% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0286% | 1h | 616.33 | +0.054% | $77K | $163K | 10x | as long as short |
| Nado AMD-PERP | +0.0301% | 1h | 615.79 | −0.035% | $314K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0348% | 8h | 616.55 | +0.090% | $17K | $142K | 10x | as long as short |
| Variational Omni AMD | +0.0366% | 8h | 616.51 | +0.082% | $2.7M | $3.1M | — | as long as short |
| BloFin AMD-USDT | +0.0409% | 8h | 616.61 | +0.099% | $6K | $541K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0416% | 1h | 616.62 | +0.101% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0417% | 8h | 616.70 | +0.113% | $74.9M | $193.1M | 25x | |
| Bitget AMDUSDT | +0.0465% | 8h | 616.63 | +0.102% | $10.1M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.1053% | 1h | 616.53 | +0.086% | $142K | $282K | 10x | as long as short |
KuCoin AMDUSDTM
Binance AMDUSDT
edgeX AMDUSDC
OKX AMD-USDT-SWAP
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Lighter AMD
SoDEX AMD-USD
Aster AMDUSDT
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Bitget AMDUSDT