Funding you earn now, next payment 08:00 UTC+0.0706%/8h= +77.3% APRnext payment +$7.06 per $10,000 · paid last 24h +0.100%
Price spread now: Variational Omni against Phemex−0.058%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.159%+$16 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.058%, 7d avg −0.008%
=Together, before fees+0.208%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.051% cheaper against Phemex than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.008%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.159% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.159% in total (about 17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.06 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 | 621.27 | 0 | get 0.0000% / 8h | 6h 27m | $1.8M | $460K | 10x |
| Short | Variational Omni AMD | 620.91 | 0.0706 | get 0.0706% / 8h | 6h 27m | $2.6M | $3.3M | — |
Phemex AMDUSDT
Variational Omni AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $148.17
- Price spread: −0.058% → −0.008%
- −$5.06
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $131.11
- Costs to cover
- 0.120%
- Break-even
- 0.8 days
Slippage unknown: Phemex: live order book, 5 min ago; Variational Omni: RFQ quote, 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 Phemex live order book, 5 min ago | 11.93 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.99 bp | doesn't fit | 15.1 bp −$151 | doesn't fit | doesn't fit |
AMD on 30 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 | −0.0242% | 4h | 620.88 | −0.063% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.86 | +0.095% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.47 | +0.032% | $122K | $598K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 621.27 | long leg | $1.8M | $460K | 10x | |
| Gate AMD_USDT | +0.0018% | 8h | 621.79 | +0.084% | $4.6M | $13.3M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.65 | −0.100% | $842K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.537% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.12 | −0.024% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.08 | −0.031% | $396K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.69 | −0.254% | $1.5M | $4.2M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0061% | 1h | 622.05 | +0.126% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.40 | +0.021% | $2.2M | $12.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.76 | −0.082% | $1.9M | $289K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.09 | −0.029% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.30 | +0.005% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.37 | −0.145% | $310K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0152% | 1h | 620.78 | −0.079% | $550K | $2.4M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0158% | 1h | 621.16 | −0.018% | $25.1M | $93.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0169% | 1h | 621.50 | +0.037% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.68 | −0.095% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.89 | +0.100% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0279% | 8h | 621.25 | −0.003% | $6.9M | $28.2M | 25x | as long as short |
| Nado AMD-PERP | +0.0382% | 1h | 620.17 | −0.178% | $268K | $204K | 10x | as long as short |
| Aster AMDUSDT | +0.0396% | 8h | 621.45 | +0.028% | $72K | $415K | 50x | as long as short |
| Bitget AMDUSDT | +0.0400% | 8h | 621.81 | +0.087% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMDshort | +0.0706% | 8h | 620.91 | −0.058% | $2.6M | $3.3M | — | |
| Binance AMDUSDT | +0.0767% | 8h | 621.71 | +0.071% | $75.5M | $190.9M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 621.52 | +0.040% | $464K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0802% | 8h | 620.34 | −0.149% | $17K | $132K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.1347% | 1h | 621.05 | −0.035% | $77K | $151K | 10x | as long as short |
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Lighter AMD
tradeXYZ xyz:AMD
SoDEX AMD-USD
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
Bitget AMDUSDT
Binance AMDUSDT
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp
Deribit AMD_USDC-PERPETUAL