Funding you earn now, next payment 02:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h −0.017%
Price spread now: OKX against Phoenix+0.035%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.035% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMD | 621.30 | 0.0245 | pay 0.0031% / 1h | 13m 18s | $2K | $90K | 10x |
| Short | OKX AMD-USDT-SWAP | 621.52 | 0.0309 | get 0.0309% / 8h | 5h 13m | $6.9M | $27.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.34
- Price spread: +0.035% → 0.000%
- $3.54
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$0.12
- Costs to cover
- 0.170%
- Break-even
- 7.1 days
Slippage unknown: Phoenix: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.24 bp | 5.9 bp −$6 | 9.4 bp −$94 | 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 | −0.0058% | 4h | 621.59 | +0.047% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.60 | +0.048% | $1K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.46 | +0.026% | $122K | $598K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.75 | +0.072% | $1.8M | $459K | 10x | as long as short |
| Gate AMD_USDT | +0.0012% | 8h | 621.83 | +0.085% | $4.5M | $13.3M | 50x | as long as short |
| Bitget AMDUSDT | +0.0021% | 8h | 621.61 | +0.050% | $10.3M | $17.0M | 20x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.24 | −0.010% | $854K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.542% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.43 | +0.021% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.18 | −0.019% | $398K | $1.5M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.71 | −0.095% | $1.5M | $4.1M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0053% | 1h | 622.55 | +0.201% | — | $923K | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0056% | 1h | 621.10 | −0.032% | $77K | $151K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.54 | +0.039% | $2.1M | $11.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.12 | −0.029% | $1.9M | $281K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.24 | −0.010% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.46 | +0.026% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 620.69 | −0.098% | $300K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0166% | 1h | 621.13 | −0.027% | $25.1M | $93.7M | 10x | as long as short |
| SoDEX AMD-USD | +0.0204% | 1h | 621.43 | +0.021% | $25K | $24K | 10x | as long as short |
| Lighter AMD | +0.0232% | 1h | 621.28 | −0.003% | $544K | $2.5M | 10x | as long as short |
| Phoenix AMDlong | +0.0245% | 1h | 621.30 | long leg | $2K | $90K | 10x | |
| Aevo AMD-PERP | +0.0272% | 1h | 621.84 | +0.087% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAPshort | +0.0309% | 8h | 621.52 | +0.035% | $6.9M | $27.9M | 25x | |
| Nado AMD-PERP | +0.0319% | 1h | 620.93 | −0.060% | $269K | $217K | 10x | as long as short |
| Aster AMDUSDT | +0.0394% | 8h | 621.13 | −0.027% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0692% | 8h | 621.63 | +0.053% | $18K | $138K | 10x | as long as short |
| Variational Omni AMD | +0.0718% | 8h | 621.62 | +0.052% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0754% | 8h | 621.55 | +0.040% | $7K | $548K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0776% | 1h | 621.49 | +0.031% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0777% | 8h | 621.65 | +0.056% | $75.6M | $189.8M | 25x | as long as short |
Phoenix AMD
OKX AMD-USDT-SWAP
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Bitget AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
Deribit AMD_USDC-PERPETUAL
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
SoDEX AMD-USD
Lighter AMD
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT