Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.8% APRnext payment −$1.62 per $10,000 · paid last 24h −0.022%
Price spread now: Phemex against OKX+0.029%7-day average +0.052% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.029%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phemex is 0.022% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AMD-USDT-SWAP | 615.00 | 0.0162 | pay 0.0162% / 8h | 3h 01m | $6.6M | $28.7M | 25x |
| Short | Phemex AMDUSDT | 615.18 | 0 | get 0.0000% / 8h | 3h 01m | $1.7M | $461K | 10x |
OKX AMD-USDT-SWAP
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$34.11
- Price spread: +0.029% → +0.052%
- −$2.25
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$58.35
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Phemex: live order book, 1 min ago. Net counts fees only.
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, 2 min ago | 0.32 bp | 6.2 bp −$6 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 7.16 bp | doesn't fit | doesn't fit | 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 | −0.0745% | 4h | 616.13 | +0.184% | $77K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.00 | 0.000% | $4.4M | $14.0M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 615.15 | +0.024% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.97 | −0.005% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 614.69 | −0.050% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.91 | −0.015% | $116K | $622K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 615.18 | +0.029% | $1.7M | $461K | 10x | |
| Lighter AMD | +0.0032% | 1h | 614.91 | −0.015% | $525K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 614.96 | −0.007% | $792K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.659% | $2K | $57K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 615.43 | +0.070% | $140K | $269K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 614.97 | −0.005% | $2.1M | $11.5M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0049% | 1h | 616.05 | +0.171% | — | $924K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 614.72 | −0.046% | $394K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 614.87 | −0.021% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0050% | 1h | 614.66 | −0.055% | $255K | $239K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.39 | −0.099% | $1.3M | $4.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0079% | 1h | 614.95 | −0.008% | $23.1M | $94.6M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 614.72 | −0.046% | $315K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 614.84 | −0.026% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.77 | +0.125% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 614.98 | −0.003% | $368 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0102% | 8h | 615.21 | +0.035% | $69K | $415K | 50x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 616.22 | +0.198% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAPlong | +0.0162% | 8h | 615.00 | long leg | $6.6M | $28.7M | 25x | |
| GRVT AMD_USDT_Perp | +0.0168% | 8h | 616.09 | +0.177% | $19K | $162K | 10x | as long as short |
| Aevo AMD-PERP | +0.0192% | 1h | 615.14 | +0.023% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0372% | 8h | 616.51 | +0.245% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0434% | 8h | 615.05 | +0.008% | $71.3M | $199.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0440% | 1h | 614.76 | −0.039% | $459K | $3.0M | 10x | as long as short |
| BloFin AMD-USDT | +0.0453% | 8h | 615.26 | +0.042% | $6K | $546K | 20x | as long as short |
Arcus AMD-USD
QFEX AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Nado AMD-PERP
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT