Funding you earn now, next payment 00:00 UTC+0.0589%/8h= +64.5% APRpaid last 24h +0.052%
Price spread now: Deribit against Phemex+0.003%7-day average −0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.133%+$13 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.003%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 0.042% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.039%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.133% in total (about 10.5% 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 | Phemex AMDUSDT | 620.50 | 0 | get 0.0000% / 8h | 50m 48s | $1.8M | $460K | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 620.52 | 0.0589 | get 0.0074% / 1h | 50m 48s | $77K | $163K | 10x |
Phemex AMDUSDT
Deribit AMD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $123.63
- Price spread: +0.003% → −0.039%
- $4.2
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $108.83
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: Phemex: live order book, 2 min ago; Deribit: live order book, 28 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 | 9.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 28 min ago | 5.57 bp | 10.4 bp −$10 | 14.1 bp −$141 | 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 | −0.0170% | 4h | 620.61 | +0.018% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 621.04 | +0.087% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.84 | +0.055% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.53 | +0.005% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 620.50 | long leg | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 620.36 | −0.023% | $836K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.415% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.60 | +0.177% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.86 | −0.103% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0074% | 1h | 620.48 | −0.003% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.87 | +0.060% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.140% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.39 | −0.018% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.59 | +0.015% | $379 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0106% | 8h | 620.82 | +0.052% | $6.8M | $28.7M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0141% | 1h | 620.25 | −0.040% | $24.9M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.35 | −0.024% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0212% | 8h | 620.93 | +0.070% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 621.09 | +0.096% | $11K | — | 10x | as long as short |
| Lighter AMD | +0.0240% | 1h | 620.52 | +0.003% | $525K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0336% | 1h | 620.74 | +0.039% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0407% | 1h | 620.83 | +0.053% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0478% | 8h | 620.56 | +0.009% | $17K | $136K | 10x | as long as short |
| Variational Omni AMD | +0.0480% | 8h | 620.23 | −0.043% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0527% | 1h | 620.10 | −0.065% | $318K | $167K | 10x | as long as short |
| Bitget AMDUSDT | +0.0540% | 8h | 620.73 | +0.037% | $10.1M | $18.1M | 20x | as long as short |
| Binance AMDUSDT | +0.0543% | 8h | 620.78 | +0.045% | $75.7M | $192.2M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.68 | +0.029% | $464K | $1.5M | 10x | as long as short |
| BloFin AMD-USDT | +0.0553% | 8h | 620.85 | +0.056% | $6K | $545K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | +0.0589% | 1h | 620.52 | +0.003% | $77K | $163K | 10x | |
| Arcus AMD-USD | +0.0919% | 1h | 620.67 | +0.027% | $145K | $265K | 10x | as long as short |
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
Aevo AMD-PERP
Lighter AMD
SoDEX AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Nado AMD-PERP
Bitget AMDUSDT
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Arcus AMD-USD