Funding you earn now, next payment 01:00 UTC−0.0211%/8h= −23.1% APRnext payment −$0.26 per $10,000 · paid last 24h −0.032%
Price spread now: Injective against Phoenix−1.394%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 1.394% cheaper against Phoenix than usual: you would sell low and buy high (−$139 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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 | Phoenix AMD | 620.37 | 0.0244 | pay 0.0030% / 1h | 5m 12s | $2K | $90K | 10x |
| Short | Injective AMD/USDC PERP | 611.72 | 0.0033 | get 0.0004% / 1h | 5m 12s | $5K | $55K | 12x |
Phoenix AMD
Injective AMD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$44.21
- Price spread: −1.394% → 0.000%
- −$139.43
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$190.67
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Phoenix and Injective: 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 | −0.0134% | 4h | 620.54 | +0.027% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.80 | +0.069% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.66 | +0.047% | $121K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.95 | +0.093% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0010% | 8h | 620.81 | +0.071% | $4.5M | $13.4M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.39 | +0.003% | $851K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERPshort | +0.0033% | 1h | 611.72 | −1.394% | $5K | $55K | 12x | |
| Arcus AMD-USD | +0.0040% | 1h | 620.56 | +0.031% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.46 | +0.015% | $398K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.81 | −0.090% | $1.5M | $4.2M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
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 | +0.0059% | 1h | 621.74 | +0.221% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.70 | +0.053% | $2.2M | $12.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.23 | −0.023% | $1.9M | $287K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.42 | +0.008% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.76 | +0.063% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 619.72 | −0.105% | $305K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0159% | 1h | 620.22 | −0.024% | $25.1M | $93.5M | 10x | as long as short |
| Lighter AMD | +0.0168% | 1h | 620.48 | +0.018% | $549K | $2.4M | 10x | as long as short |
| SoDEX AMD-USD | +0.0185% | 1h | 620.65 | +0.045% | $25K | $24K | 10x | as long as short |
| Bitget AMDUSDT | +0.0234% | 8h | 620.91 | +0.087% | $10.3M | $17.1M | 20x | as long as short |
| Phoenix AMDlong | +0.0244% | 1h | 620.37 | long leg | $2K | $90K | 10x | |
| Aevo AMD-PERP | +0.0280% | 1h | 621.16 | +0.128% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0284% | 8h | 620.42 | +0.008% | $6.9M | $28.0M | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0315% | 1h | 620.33 | −0.006% | $77K | $151K | 10x | as long as short |
| Nado AMD-PERP | +0.0399% | 1h | 620.07 | −0.049% | $268K | $208K | 10x | as long as short |
| Aster AMDUSDT | +0.0407% | 8h | 620.94 | +0.092% | $72K | $413K | 50x | as long as short |
| Variational Omni AMD | +0.0723% | 8h | 620.91 | +0.086% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0781% | 8h | 620.85 | +0.077% | $75.5M | $190.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 620.72 | +0.056% | $463K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0798% | 8h | 620.00 | −0.060% | $17K | $134K | 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
tradeXYZ xyz:AMD
Lighter AMD
SoDEX AMD-USD
Bitget AMDUSDT
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Deribit AMD_USDC-PERPETUAL
Nado AMD-PERP
Aster AMDUSDT
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp