Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.046%
Price spread now: Polymarket Perps against Phemex−0.032%46s7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.032%, 7d avg −0.067%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.035% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.067%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AMDUSDT | 615.78 | 0 | get 0.0000% / 8h | 2h 25m | $1.7M | $455K | 10x |
| Short | Polymarket Perps AMD-USD | 615.58 | 0.0050 | get 0.0006% / 1h | 25m 30s | $409K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.032% → −0.067%
- $3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$6.04
- Costs to cover
- 0.200%
- Break-even
- 11.0 days
Slippage unknown: Phemex: live order book, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago | 13.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.11 bp | 6.3 bp −$6 | 6.3 bp −$63 | 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 | −0.0139% | 4h | 615.93 | +0.025% | $81K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | 0.0000% | 8h | 615.65 | −0.021% | $6.7M | $28.4M | 25x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.79 | +0.002% | $4.3M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.84 | +0.010% | $2K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.62 | −0.026% | $127K | $581K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 615.78 | long leg | $1.7M | $455K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 615.69 | −0.015% | $880K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.659% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.59 | +0.132% | — | $948K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 615.47 | −0.050% | $24.9M | $95.7M | 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-USDshort | +0.0050% | 1h | 615.58 | −0.032% | $409K | $1.6M | 10x | |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.05 | −0.119% | $1.4M | $4.7M | 10x | as long as short |
| Aster AMDUSDT | +0.0075% | 8h | 616.00 | +0.036% | $71K | $411K | 50x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 615.87 | +0.015% | $2.3M | $13.1M | 10x | as long as short |
| Lighter AMD | +0.0088% | 1h | 615.63 | −0.024% | $599K | $2.6M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.39 | −0.063% | $1.9M | $325K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.68 | −0.016% | $376 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0104% | 1h | 615.82 | +0.006% | $79K | $259K | 50x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 615.33 | −0.073% | $311K | $1.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0122% | 1h | 615.57 | −0.034% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0156% | 1h | 615.53 | −0.041% | $2K | $94K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.04 | +0.042% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0205% | 1h | 615.55 | −0.037% | $77K | $163K | 10x | as long as short |
| Nado AMD-PERP | +0.0326% | 1h | 615.37 | −0.066% | $314K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0356% | 8h | 615.91 | +0.020% | $17K | $142K | 10x | as long as short |
| Variational Omni AMD | +0.0361% | 8h | 615.89 | +0.017% | $2.7M | $3.1M | — | as long as short |
| BloFin AMD-USDT | +0.0396% | 8h | 615.96 | +0.029% | $6K | $540K | 20x | as long as short |
| Binance AMDUSDT | +0.0422% | 8h | 615.90 | +0.019% | $74.9M | $192.9M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0424% | 1h | 615.84 | +0.009% | $456K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0468% | 8h | 615.88 | +0.016% | $10.0M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.1053% | 1h | 615.86 | +0.013% | $142K | $282K | 10x | as long as short |
Phemex AMDUSDT
Polymarket Perps AMD-USD
edgeX AMDUSDC
OKX AMD-USDT-SWAP
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Aster AMDUSDT
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
SoDEX AMD-USD
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Bitget AMDUSDT