Funding you earn now, next payment 00:00 UTC+0.0538%/8h= +58.9% APRnext payment +$5.38 per $10,000 · paid last 24h +0.068%
Price spread now: Bitget against Phemex+0.034%56s7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.034%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.033% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 56 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 0.145% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.38 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 | Phemex AMDUSDT | 620.64 | 0 | get 0.0000% / 8h | 6m 21s | $1.8M | $460K | 10x |
| Short | Bitget AMDUSDT | 620.85 | 0.0538 | get 0.0538% / 8h | 6m 21s | $10.1M | $18.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- $112.98
- Price spread: +0.034% → +0.001%
- $3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $92.25
- Costs to cover
- 0.240%
- Break-even
- 1.3 days
Slippage unknown: Phemex: live order book, 2 min ago; Bitget: live order book, 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 Phemex live order book, 2 min ago | 7.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.69 bp | 13.0 bp −$13 | 25.2 bp −$252 | 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 | −0.0602% | 4h | 620.36 | −0.046% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.99 | +0.056% | $4.4M | $13.7M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.86 | +0.035% | $2K | $8.9M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.28 | −0.058% | $132K | $579K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 620.64 | long leg | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 620.42 | −0.035% | $838K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.437% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.59 | +0.153% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.40 | −0.039% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.02 | −0.100% | $1.5M | $4.9M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.65 | +0.002% | $2.3M | $13.6M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 620.04 | −0.097% | $311K | $1.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0084% | 1h | 620.76 | +0.019% | $25K | $24K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.42 | −0.035% | $1.9M | $313K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.31 | −0.053% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.52 | −0.019% | $379 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0124% | 1h | 620.36 | −0.045% | $24.9M | $94.4M | 10x | as long as short |
| Lighter AMD | +0.0128% | 1h | 620.48 | −0.026% | $529K | $2.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0165% | 8h | 620.72 | +0.013% | $6.8M | $28.7M | 25x | as long as short |
| Aster AMDUSDT | +0.0203% | 8h | 620.70 | +0.010% | $72K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.32 | −0.052% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 621.03 | +0.064% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0448% | 1h | 620.10 | −0.087% | $318K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0468% | 8h | 620.44 | −0.032% | $18K | $133K | 10x | as long as short |
| Variational Omni AMD | +0.0498% | 8h | 620.77 | +0.021% | $2.6M | $3.2M | — | as long as short |
| Bitget AMDUSDTshort | +0.0538% | 8h | 620.85 | +0.034% | $10.1M | $18.0M | 20x | |
| BloFin AMD-USDT | +0.0542% | 8h | 620.48 | −0.026% | $6K | $546K | 20x | as long as short |
| Binance AMDUSDT | +0.0543% | 8h | 620.85 | +0.034% | $75.6M | $192.6M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.75 | +0.017% | $464K | $1.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0669% | 1h | 620.61 | −0.005% | $77K | $160K | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.59 | −0.008% | $145K | $264K | 10x | as long as short |
Phemex AMDUSDT
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
tradeXYZ xyz:AMD
Lighter AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Phoenix AMD
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Deribit AMD_USDC-PERPETUAL