Funding you earn now, next payment 23:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.042%
Price spread now: Variational Omni against Ondo Perps+0.305%7-day average +0.099% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.305%, 7d avg +0.099%
=Together, before fees−0.327%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.206% dearer against Ondo Perps than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.017% in total (about 1.9% 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 | Ondo Perps AMD-USD.P | 618.37 | 0.0050 | pay 0.0006% / 1h | 22m 32s | $1.5M | $4.8M | 10x |
| Short | Variational Omni AMD | 620.26 | 0.0439 | get 0.0439% / 8h | 1h 22m | $2.7M | $3.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. 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
- $81.57
- Price spread: +0.305% → +0.099%
- $20.6
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $97.17
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 2 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 2.48 bp | doesn't fit | 13.2 bp −$132 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0313% | 4h | 619.73 | +0.220% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.74 | +0.222% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 619.64 | +0.205% | $2K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.27 | +0.146% | $132K | $583K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 618.97 | +0.097% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.32 | +0.154% | $833K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.075% | $5K | $55K | 12x | as long as short |
| OKX AMD-USDT-SWAP | +0.0041% | 8h | 619.40 | +0.167% | $6.8M | $28.7M | 25x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.27 | +0.307% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.24 | +0.141% | $395K | $1.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.Plong | +0.0050% | 1h | 618.37 | long leg | $1.5M | $4.8M | 10x | |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 618.86 | +0.079% | $311K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0080% | 1h | 619.21 | +0.136% | $24.8M | $95.5M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.69 | +0.213% | $2.3M | $13.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.25 | +0.142% | $1.9M | $322K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.37 | +0.162% | $378 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0157% | 8h | 618.89 | +0.084% | $72K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 619.56 | +0.192% | $2K | $94K | 10x | as long as short |
| Lighter AMD | +0.0192% | 1h | 619.49 | +0.181% | $535K | $2.6M | 10x | as long as short |
| Aevo AMD-PERP | +0.0200% | 1h | 619.81 | +0.232% | $11K | — | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0258% | 1h | 619.58 | +0.196% | $80K | $259K | 50x | as long as short |
| SoDEX AMD-USD | +0.0289% | 1h | 619.39 | +0.165% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0405% | 1h | 618.86 | +0.078% | $315K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0436% | 8h | 619.64 | +0.205% | $18K | $139K | 10x | as long as short |
| Variational Omni AMDshort | +0.0439% | 8h | 620.26 | +0.305% | $2.7M | $3.1M | — | |
| Deribit AMD_USDC-PERPETUAL | +0.0461% | 1h | 619.29 | +0.149% | $77K | $163K | 10x | as long as short |
| Binance AMDUSDT | +0.0494% | 8h | 619.76 | +0.226% | $75.6M | $193.5M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0496% | 1h | 619.62 | +0.203% | $458K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0509% | 8h | 619.71 | +0.217% | $10.1M | $18.2M | 20x | as long as short |
| BloFin AMD-USDT | +0.0516% | 8h | 619.64 | +0.205% | $6K | $543K | 20x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 619.47 | +0.178% | $145K | $270K | 10x | as long as short |
Variational Omni AMD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
OKX AMD-USDT-SWAP
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Aster AMDUSDT
Phoenix AMD
Lighter AMD
ApeX Omni AMDUSDT
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Deribit AMD_USDC-PERPETUAL
Binance AMDUSDT
Extended AMD_24_5-USD
Bitget AMDUSDT
BloFin AMD-USDT