Funding you earn now, next payment 09:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.021%
Price spread now: Phemex against QFEX+0.085%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.478%−$48 · spread now +0.085%, 7d avg +0.011%
=The price spread pays, funding is against you. Phemex is 0.074% dearer against QFEX than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.011%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 4 days (−0.033% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AMD-USD | 608.98 | 0.0076 | pay 0.0009% / 1h | 50m 35s | $2.0M | $11.4M | 10x |
| Short | Phemex AMDUSDT | 609.50 | 0 | get 0.0000% / 8h | 7h 50m | $1.7M | $466K | 10x |
QFEX AMD-USD
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against QFEX. 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
- −$15.86
- Price spread: +0.085% → +0.011%
- $7.42
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$30.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; Phemex: live order book, 3 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 QFEX live order book, 4 min ago | 1.81 bp | 7.2 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 5.17 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −9.499% | $2K | $59K | 12x | as long as short |
| Bitget AMDUSDT | −0.0208% | 8h | 609.22 | +0.039% | $10.3M | $16.7M | 20x | as long as short |
| edgeX AMDUSDC | −0.0076% | 4h | 608.92 | −0.010% | $72K | $1.7M | 10x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 608.57 | −0.067% | $69K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 609.13 | +0.025% | $4.5M | $14.3M | 50x | as long as short |
| GRVT AMD_USDT_Perp | 0.0000% | 8h | 609.04 | +0.010% | $20K | $185K | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 609.76 | +0.128% | $2K | $7.9M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 609.39 | +0.067% | $101K | $656K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 609.50 | +0.085% | $1.7M | $466K | 10x | |
| Lighter AMD | +0.0032% | 1h | 608.95 | −0.005% | $522K | $2.5M | 10x | as long as short |
Injective AMD/USDC PERP
Bitget AMDUSDT
edgeX AMDUSDC
Aster AMDUSDT
Gate AMD_USDT
GRVT AMD_USDT_Perp
SunX AMD-USDT
HTX AMD-USDT
Lighter AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMD | +0.0032% | 1h | 608.94 | −0.007% | $785K | $4.7M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 608.68 | −0.049% | $122K | $282K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 609.60 | +0.102% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 608.73 | −0.041% | $21.9M | $96.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 608.87 | −0.018% | $392K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 609.12 | +0.023% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 608.16 | −0.135% | $1.4M | $5.3M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0066% | 8h | 607.98 | −0.164% | $6.6M | $29.2M | 25x | as long as short |
| QFEX AMD-USDlong | +0.0076% | 1h | 608.98 | long leg | $2.0M | $11.4M | 10x | |
| Nado AMD-PERP | +0.0078% | 1h | 608.42 | −0.092% | $253K | $241K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 608.96 | −0.003% | $1.8M | $323K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 609.01 | +0.005% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 608.98 | 0.000% | $364 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0118% | 1h | 607.99 | −0.163% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0136% | 1h | 609.57 | +0.097% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0142% | 8h | 609.81 | +0.137% | $2.0M | $3.8M | — | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 609.14 | +0.026% | $307K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0187% | 8h | 609.59 | +0.100% | $6K | $551K | 20x | as long as short |
| Binance AMDUSDT | +0.0211% | 8h | 608.81 | −0.028% | $71.7M | $205.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0216% | 1h | 608.89 | −0.015% | $457K | $3.4M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0292% | 1h | 609.35 | +0.061% | $76K | $151K | 10x | as long as short |
Lighter RH AMD
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
OKX AMD-USDT-SWAP
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aevo AMD-PERP
Variational Omni AMD
Coinbase International AMD-PERP-INTX
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Deribit AMD_USDC-PERPETUAL