Funding you earn now, next payment 00:00 UTC+0.0418%/8h= +45.7% APRnext payment +$4.18 per $10,000 · paid last 24h +0.103%
Price spread now: Binance against OKX+0.033%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 2 days (all we have)+0.073%+$7 · spread now +0.033%, 7d avg +0.045%
=The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.18 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 | OKX AMD-USDT-SWAP | 616.39 | 0 | get 0.0000% / 8h | 2h 02m | $6.8M | $28.5M | 25x |
| Short | Binance AMDUSDT | 616.59 | 0.0418 | get 0.0418% / 8h | 2h 02m | $74.9M | $193.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $87.73
- Price spread: +0.033% → +0.045%
- −$1.22
- Slippage, 4 orders
- −$11.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $55.43
- Costs to cover
- 0.311%
- Break-even
- 2.6 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 11 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 OKX live order book, 1 min ago | 0.57 bp | 7.8 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 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 | −0.0461% | 4h | 616.54 | +0.024% | $81K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAPlong | 0.0000% | 8h | 616.39 | long leg | $6.8M | $28.5M | 25x | |
| Gate AMD_USDT | 0.0000% | 8h | 616.62 | +0.037% | $4.3M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 616.59 | +0.032% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 616.37 | −0.003% | $127K | $578K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.61 | +0.036% | $1.7M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 616.17 | −0.036% | $866K | $4.8M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.758% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 617.15 | +0.123% | — | $949K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 616.09 | −0.049% | $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 | −0.015% | $405K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.69 | −0.114% | $1.4M | $4.8M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 616.28 | −0.018% | $574K | $2.7M | 10x | as long as short |
| SoDEX AMD-USD | +0.0058% | 1h | 616.41 | +0.003% | $25K | $24K | 10x | as long as short |
| Aster AMDUSDT | +0.0075% | 8h | 616.59 | +0.032% | $71K | $414K | 50x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 616.45 | +0.010% | $2.3M | $13.2M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.98 | −0.067% | $1.9M | $323K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 616.13 | −0.042% | $79K | $259K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 616.45 | +0.010% | $376 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 615.75 | −0.104% | $311K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0156% | 1h | 615.96 | −0.070% | $2K | $94K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.85 | +0.074% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0286% | 1h | 616.33 | −0.010% | $77K | $163K | 10x | as long as short |
| Nado AMD-PERP | +0.0299% | 1h | 615.89 | −0.081% | $314K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0348% | 8h | 616.55 | +0.026% | $17K | $142K | 10x | as long as short |
| Variational Omni AMD | +0.0366% | 8h | 616.51 | +0.019% | $2.7M | $3.1M | — | as long as short |
| BloFin AMD-USDT | +0.0409% | 8h | 616.61 | +0.036% | $6K | $541K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0416% | 1h | 616.54 | +0.025% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0418% | 8h | 616.59 | +0.033% | $74.9M | $193.0M | 25x | |
| Bitget AMDUSDT | +0.0464% | 8h | 616.63 | +0.039% | $10.1M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.1053% | 1h | 616.46 | +0.011% | $142K | $282K | 10x | as long as short |
OKX AMD-USDT-SWAP
Binance AMDUSDT
edgeX AMDUSDC
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
KuCoin AMDUSDTM
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