Funding you earn now, next payment 07:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.13 per $10,000 · paid last 24h −0.018%
Price spread now: tradeXYZ against Phoenix+0.031%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−0.121%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. tradeXYZ is 0.031% dearer against Phoenix than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMD | 612.48 | 0.0157 | pay 0.0020% / 1h | 17m 15s | $2K | $90K | 10x |
| Short | tradeXYZ xyz:AMD | 612.67 | 0.0050 | get 0.0006% / 1h | 17m 15s | $22.1M | $96.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$22.4
- Price spread: +0.031% → 0.000%
- $3.1
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.3
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago | 0.57 bp | 11.2 bp −$11 | 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 | −0.0762% | 4h | 613.23 | +0.122% | $73K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0267% | 8h | 613.51 | +0.168% | $10.4M | $17.5M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −10.017% | $2K | $59K | 12x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.93 | +0.074% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.34 | +0.140% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.20 | +0.118% | $1K | $8.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.26 | +0.127% | $100K | $635K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.39 | +0.149% | $1.7M | $466K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 612.96 | +0.078% | $523K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 612.82 | +0.056% | $797K | $4.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 613.03 | +0.090% | $129K | $285K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.64 | +0.189% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0050% | 1h | 612.67 | +0.031% | $22.1M | $96.1M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.81 | +0.054% | $395K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 613.11 | +0.103% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.60 | +0.020% | $1.4M | $5.4M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0064% | 8h | 613.16 | +0.111% | $6.6M | $29.5M | 25x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 613.10 | +0.101% | $2.0M | $11.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.70 | +0.036% | $1.9M | $304K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.65 | +0.028% | $79K | $254K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.01 | +0.087% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0107% | 1h | 612.66 | +0.029% | $255K | $241K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0125% | 1h | 612.76 | +0.046% | $76K | $151K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 612.53 | +0.008% | $312K | $1.9M | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 613.19 | +0.116% | $11K | — | 10x | as long as short |
| Phoenix AMDlong | +0.0157% | 1h | 612.48 | long leg | $2K | $90K | 10x | |
| Variational Omni AMD | +0.0162% | 8h | 613.05 | +0.093% | $2.0M | $3.8M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0167% | 8h | 613.28 | +0.130% | $20K | $181K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0248% | 1h | 613.06 | +0.095% | $461K | $3.4M | 10x | as long as short |
| Binance AMDUSDT | +0.0251% | 8h | 613.22 | +0.121% | $72.1M | $204.8M | 25x | as long as short |
| BloFin AMD-USDT | +0.0277% | 8h | 613.40 | +0.150% | $6K | $554K | 20x | as long as short |
Phoenix AMD
tradeXYZ xyz:AMD
edgeX AMDUSDC
Bitget AMDUSDT
Injective AMD/USDC PERP
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
OKX AMD-USDT-SWAP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Deribit AMD_USDC-PERPETUAL
Coinbase International AMD-PERP-INTX
Variational Omni AMD
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT