AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.3% APRnext payment −$0.25 per $10,000 · paid last 24h +0.115%

Price spread now: Arcus against Phoenix+0.153%49s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.153% dearer against Phoenix than usual: you sell high and buy low (spread +0.153% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 49 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	Phoenix AMD	619.51	0.0244	pay 0.0030% / 1h	6m 22s	$2K	$90K	10x
Short	Arcus AMD-USD	620.46	0.0040	get 0.0005% / 1h	6m 22s	$144K	$263K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ArcusbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$42.75
Price spread: +0.153% → 0.000%: $15.33
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$38.92
Costs to cover: 0.115%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; Arcus: live order book, 62 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 Phoenix no order-book sample	—	—	—	—	—
Sell Arcus live order book, 62 min ago	4.49 bp	10.7 bp −$11	12.8 bp −$128	doesn't fit	doesn't fit

Phoenix: 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 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	−0.0368%	4h	619.94	+0.070%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	620.84	+0.215%	$1K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.50	+0.160%	$121K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.91	+0.226%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0012%	8h	620.90	+0.224%	$4.5M	$13.4M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.25	+0.119%	$852K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.257%	$5K	$55K	12x	as long as short
Arcus AMD-USDshort	+0.0040%	1h	620.46	+0.153%	$144K	$263K	10x
Polymarket Perps AMD-USD	+0.0050%	1h	620.39	+0.142%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.63	+0.019%	$1.5M	$4.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0059%	1h	621.60	+0.337%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.66	+0.186%	$2.2M	$12.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.22	+0.115%	$1.9M	$287K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	619.61	+0.016%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.79	+0.207%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	619.72	+0.034%	$305K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0159%	1h	620.32	+0.131%	$25.1M	$93.5M	10x	as long as short
Lighter AMD	+0.0168%	1h	620.39	+0.142%	$549K	$2.4M	10x	as long as short
SoDEX AMD-USD	+0.0177%	1h	620.49	+0.158%	$25K	$24K	10x	as long as short
Bitget AMDUSDT	+0.0241%	8h	620.89	+0.223%	$10.3M	$17.1M	20x	as long as short
Phoenix AMDlong	+0.0244%	1h	619.51	long leg	$2K	$90K	10x
Aevo AMD-PERP	+0.0280%	1h	620.97	+0.236%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0284%	8h	620.52	+0.163%	$6.9M	$28.0M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0347%	1h	620.35	+0.136%	$77K	$151K	10x	as long as short
Nado AMD-PERP	+0.0402%	1h	620.06	+0.089%	$268K	$208K	10x	as long as short
Aster AMDUSDT	+0.0407%	8h	620.88	+0.220%	$72K	$413K	50x	as long as short
Variational Omni AMD	+0.0727%	8h	620.34	+0.133%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0781%	8h	620.92	+0.228%	$75.5M	$190.3M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	620.62	+0.180%	$463K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0798%	8h	620.00	+0.079%	$17K	$134K	10x	as long as short