Funding you earn now, next payment 21:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.015%
Price spread now: Aster against Phoenix+0.113%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.113% dearer against Phoenix than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 75 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 | 615.23 | 0.0156 | pay 0.0020% / 1h | 40m 15s | $2K | $94K | 10x |
| Short | Aster AMDUSDT | 615.92 | 0.0059 | get 0.0059% / 8h | 2h 40m | $71K | $411K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$20.4
- Price spread: +0.113% → 0.000%
- $11.25
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aster: live order book, 47 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 Aster live order book, 47 min ago | 2.03 bp | 9.4 bp −$9 | doesn't fit | 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 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 | −0.0896% | 4h | 615.92 | +0.113% | $81K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | 0.0000% | 8h | 615.40 | +0.028% | $6.7M | $28.4M | 25x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.66 | +0.070% | $4.3M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.86 | +0.102% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.62 | +0.063% | $127K | $583K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.69 | +0.075% | $1.7M | $454K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 615.48 | +0.041% | $880K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.571% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.31 | +0.176% | — | $948K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 615.20 | −0.005% | $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-USD | +0.0050% | 1h | 615.46 | +0.037% | $409K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.72 | −0.083% | $1.4M | $4.7M | 10x | as long as short |
| Aster AMDUSDTshort | +0.0059% | 8h | 615.92 | +0.113% | $71K | $411K | 50x | |
| Lighter AMD | +0.0080% | 1h | 615.52 | +0.047% | $600K | $2.6M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 615.87 | +0.104% | $2.3M | $13.1M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.19 | −0.007% | $1.9M | $327K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.36 | +0.021% | $79K | $259K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.75 | +0.085% | $376 | $11K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 615.04 | −0.031% | $311K | $1.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0126% | 1h | 615.53 | +0.049% | $25K | $24K | 10x | as long as short |
| Phoenix AMDlong | +0.0156% | 1h | 615.23 | long leg | $2K | $94K | 10x | |
| Deribit AMD_USDC-PERPETUAL | +0.0156% | 1h | 615.47 | +0.039% | $77K | $163K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 616.07 | +0.137% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0325% | 8h | 615.88 | +0.105% | $17K | $142K | 10x | as long as short |
| Nado AMD-PERP | +0.0347% | 1h | 615.10 | −0.022% | $313K | $166K | 10x | as long as short |
| Variational Omni AMD | +0.0349% | 8h | 615.86 | +0.102% | $2.7M | $3.1M | — | as long as short |
| Extended AMD_24_5-USD | +0.0400% | 1h | 615.78 | +0.090% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0403% | 8h | 615.85 | +0.100% | $74.8M | $192.8M | 25x | as long as short |
| BloFin AMD-USDT | +0.0423% | 8h | 615.86 | +0.102% | $6K | $540K | 20x | as long as short |
| Bitget AMDUSDT | +0.0450% | 8h | 615.74 | +0.083% | $10.0M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.1053% | 1h | 615.55 | +0.052% | $142K | $282K | 10x | as long as short |
Phoenix AMD
Aster AMDUSDT
edgeX AMDUSDC
OKX AMD-USDT-SWAP
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
SoDEX AMD-USD
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Bitget AMDUSDT