Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0373%/8h= +40.8% APRpaid last 24h +0.083%
Price spread now: GRVT against QFEX−0.034%57s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.092%+$9 on $10k
Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.034%, 7d avg +0.025%
Together, before fees+0.120%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.059% cheaper against QFEX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.092% in total) that is about 2.2 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.092% in total (about 9.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AMD-USD619.890.0080pay 0.0010% / 1h10m 34s$2.3M$13.3M10x
ShortGRVT AMD_USDT_Perp619.680.0453get 0.0453% / 8h1h 10m$17K$137K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$78.33
Price spread: −0.034% → +0.025%
−$5.88
Slippage, 4 orders
−$13.28
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$40.16
Costs to cover
0.323%
Break-even
3.4 days
Slippage from QFEX: live order book, 8 min ago; GRVT: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 8 min ago1.37 bp6.7 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell GRVT live order book, 6 min ago1.13 bp9.0 bp −$911.7 bp −$117doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0033%4h619.68−0.035%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h619.99+0.016%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h619.78−0.018%$2K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h619.53−0.058%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h619.81−0.013%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h619.40−0.079%$834K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.318%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h620.41+0.084%$950K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h618.75−0.184%$1.5M$4.8M10xas long as short
Polymarket Perps AMD-USD+0.0052%1h619.42−0.076%$395K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AMD-USDT-SWAP+0.0062%8h619.93+0.006%$6.8M$28.7M25xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h618.86−0.166%$311K$1.8M10xas long as short
QFEX AMD-USDlong+0.0080%1h619.89long leg$2.3M$13.3M10x
tradeXYZ xyz:AMD+0.0092%1h619.29−0.097%$24.8M$95.6M10xas long as short
KuCoin AMDUSDTM+0.0100%8h619.49−0.065%$1.9M$321K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h619.54−0.056%$378$6K10xas long as short
Phoenix AMD+0.0169%1h619.21−0.110%$2K$94K10xas long as short
Aster AMDUSDT+0.0176%8h619.00−0.143%$72K$416K50xas long as short
Lighter AMD+0.0192%1h619.53−0.058%$535K$2.6M10xas long as short
ApeX Omni AMDUSDT+0.0194%1h619.34−0.089%$80K$259K50xas long as short
Aevo AMD-PERP+0.0208%1h620.00+0.018%$11K10xas long as short
SoDEX AMD-USD+0.0261%1h619.72−0.027%$25K$24K10xas long as short
Nado AMD-PERP+0.0410%1h619.01−0.142%$315K$166K10xas long as short
Variational Omni AMD+0.0453%8h619.32−0.092%$2.7M$3.2Mas long as short
GRVT AMD_USDT_Perpshort+0.0453%8h619.68−0.034%$17K$137K10x
Deribit AMD_USDC-PERPETUAL+0.0461%1h619.40−0.079%$77K$163K10xas long as short
Binance AMDUSDT+0.0510%8h620.05+0.026%$75.6M$193.2M25xas long as short
Extended AMD_24_5-USD+0.0512%1h619.92+0.004%$458K$1.5M10xas long as short
BloFin AMD-USDT+0.0513%8h619.99+0.016%$6K$546K20xas long as short
Bitget AMDUSDT+0.0518%8h619.80−0.015%$10.1M$18.2M20xas long as short
Arcus AMD-USD+0.0780%1h619.70−0.031%$145K$267K10xas long as short