Funding you earn now, next payment 22:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.020%
Price spread now: Phoenix against QFEX−0.132%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Phoenix is 0.132% cheaper against QFEX than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5.0 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AMD-USD | 620.65 | 0.0080 | pay 0.0010% / 1h | 54m 10s | $2.3M | $13.4M | 10x |
| Short | Phoenix AMD | 619.83 | 0.0169 | get 0.0021% / 1h | 54m 10s | $2K | $92K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $18.63
- Price spread: −0.132% → 0.000%
- −$13.21
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$11.58
- Costs to cover
- 0.170%
- Break-even
- 11.3 days
Slippage unknown: QFEX: live order book, 5 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 QFEX live order book, 5 min ago | 1.53 bp | 6.5 bp −$7 | 7.8 bp −$78 | doesn't fit | 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 | −0.0860% | 4h | 620.15 | −0.081% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.73 | +0.013% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.67 | +0.003% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.34 | −0.050% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.24 | −0.066% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.14 | −0.082% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.439% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.34 | +0.111% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.74 | −0.147% | $1.5M | $4.8M | 10x | as long as short |
| QFEX AMD-USDlong | +0.0080% | 1h | 620.65 | long leg | $2.3M | $13.4M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.164% | $312K | $1.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0087% | 1h | 620.27 | −0.061% | $395K | $1.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0098% | 8h | 620.60 | −0.008% | $6.8M | $28.6M | 25x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.98 | −0.108% | $1.9M | $315K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.33 | −0.052% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0142% | 1h | 620.03 | −0.100% | $24.9M | $94.8M | 10x | as long as short |
| Phoenix AMDshort | +0.0169% | 1h | 619.83 | −0.132% | $2K | $92K | 10x | |
| ApeX Omni AMDUSDT | +0.0186% | 1h | 619.72 | −0.150% | $80K | $259K | 50x | as long as short |
| Aster AMDUSDT | +0.0206% | 8h | 619.58 | −0.172% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.89 | +0.039% | $11K | — | 10x | as long as short |
| Lighter AMD | +0.0232% | 1h | 620.30 | −0.056% | $533K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0381% | 1h | 620.57 | −0.013% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0473% | 8h | 620.15 | −0.081% | $17K | $136K | 10x | as long as short |
| Variational Omni AMD | +0.0480% | 8h | 620.23 | −0.067% | $2.7M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0517% | 8h | 620.86 | +0.034% | $6K | $545K | 20x | as long as short |
| Nado AMD-PERP | +0.0520% | 1h | 619.85 | −0.128% | $318K | $167K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0536% | 1h | 620.58 | −0.012% | $464K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0536% | 8h | 620.54 | −0.018% | $10.1M | $18.1M | 20x | as long as short |
| Binance AMDUSDT | +0.0537% | 8h | 620.68 | +0.005% | $75.7M | $192.2M | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0831% | 1h | 620.35 | −0.048% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.48 | −0.027% | $145K | $265K | 10x | as long as short |
Phoenix AMD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Coinbase International AMD-PERP-INTX
Polymarket Perps AMD-USD
OKX AMD-USDT-SWAP
KuCoin AMDUSDTM
tradeXYZ xyz:AMD
ApeX Omni AMDUSDT
Aster AMDUSDT
Lighter AMD
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Bitget AMDUSDT
Binance AMDUSDT
Deribit AMD_USDC-PERPETUAL