Funding you earn now, next payment 03:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against Polymarket Perps+0.055%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+0.134%+$13 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 +$5 a day on $10k at the current rate, and Phoenix is 0.055% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AMD-USD | 622.62 | 0.0050 | pay 0.0006% / 1h | 1m 05s | $399K | $1.5M | 10x |
| Short | Phoenix AMD | 622.96 | 0.0206 | get 0.0026% / 1h | 1m 05s | $2K | $90K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Polymarket Perps. 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
- $32.72
- Price spread: +0.055% → 0.000%
- $5.46
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $23.18
- Costs to cover
- 0.150%
- Break-even
- 2.0 days
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Phoenix: 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 Polymarket Perps live order book, 2 min ago | 3.38 bp | 7.5 bp −$8 | 8.1 bp −$81 | 9.5 bp −$947 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | −0.0138% | 4h | 622.67 | +0.009% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.95 | +0.053% | $4.5M | $13.7M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.00 | +0.061% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.03 | +0.066% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.76 | +0.022% | $118K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.97 | +0.056% | $1.8M | $459K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.64 | +0.003% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.55 | −0.011% | $842K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.751% | $5K | $55K | 12x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0039% | 1h | 622.51 | −0.018% | $78K | $151K | 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 | 622.87 | +0.040% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.61 | −0.002% | $23.6M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USDlong | +0.0050% | 1h | 622.62 | long leg | $399K | $1.5M | 10x | |
| SoDEX AMD-USD | +0.0050% | 1h | 622.67 | +0.008% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.25 | −0.059% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0065% | 1h | 624.16 | +0.247% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.75 | +0.021% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0089% | 1h | 622.49 | −0.021% | $269K | $229K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.54 | −0.013% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.02 | −0.096% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.85 | +0.037% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 621.55 | −0.172% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMDshort | +0.0206% | 1h | 622.96 | +0.055% | $2K | $90K | 10x | |
| Aevo AMD-PERP | +0.0232% | 1h | 623.16 | +0.087% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0233% | 8h | 622.96 | +0.055% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0240% | 8h | 622.50 | −0.019% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0312% | 8h | 622.73 | +0.018% | $18K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0526% | 8h | 622.92 | +0.048% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0592% | 1h | 622.82 | +0.033% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0593% | 8h | 622.71 | +0.014% | $72.9M | $195.9M | 25x | as long as short |
| BloFin AMD-USDT | +0.0620% | 8h | 622.80 | +0.029% | $7K | $551K | 20x | as long as short |
Polymarket Perps AMD-USD
Phoenix AMD
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Deribit AMD_USDC-PERPETUAL
tradeXYZ xyz:AMD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT