Funding you earn now, next payment 01:00 UTC+0.0758%/8h= +83.0% APRnext payment +$0.95 per $10,000 · paid last 24h +0.002%
Price spread now: tradeXYZ against QFEX−0.087%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 3 days (all we have)+0.052%+$5 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.087%, 7d avg −0.036%
=Together, before fees+0.107%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.050% cheaper against QFEX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.036%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$23 a day). At the pace of the last 3 days (+0.052% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.052% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AMD-USD | 622.95 | 0.0080 | pay 0.0010% / 1h | 51m 13s | $2.3M | $13.5M | 10x |
| Short | tradeXYZ xyz:AMD | 622.41 | 0.0838 | get 0.0105% / 1h | 51m 13s | $25.0M | $93.1M | 10x |
QFEX AMD-USD
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $159.21
- Price spread: −0.087% → −0.036%
- −$5.04
- Slippage, 4 orders
- −$5.82
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $120.35
- Costs to cover
- 0.338%
- Break-even
- 1.7 days
Slippage from QFEX: live order book, 13 min ago; tradeXYZ: live order book, 8 min ago.
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, 13 min ago | 2.17 bp | 7.2 bp −$7 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.16 bp | 9.2 bp −$9 | 9.4 bp −$94 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0505% | 4h | 623.27 | +0.052% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.99 | +0.006% | $1K | $8.8M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.36 | +0.066% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.82 | −0.021% | $855K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.803% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 623.73 | +0.125% | — | $924K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.40 | −0.088% | $1.5M | $4.7M | 10x | as long as short |
| QFEX AMD-USDlong | +0.0080% | 1h | 622.95 | long leg | $2.3M | $13.5M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.56 | −0.063% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.23 | +0.045% | $380 | $6K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythosShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 622.59 | −0.058% | $312K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0168% | 1h | 622.90 | −0.008% | $536K | $2.3M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0204% | 8h | 623.15 | +0.032% | $6.9M | $28.4M | 25x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 622.53 | −0.067% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0224% | 1h | 622.59 | −0.057% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0235% | 8h | 621.93 | −0.164% | $72K | $416K | 50x | as long as short |
| Gate AMD_USDT | +0.0384% | 8h | 623.16 | +0.034% | $4.5M | $13.2M | 50x | as long as short |
| Nado AMD-PERP | +0.0423% | 1h | 622.06 | −0.143% | $319K | $166K | 10x | as long as short |
| HTX AMD-USDT | +0.0469% | 8h | 623.13 | +0.029% | $132K | $579K | 20x | as long as short |
| Variational Omni AMD | +0.0536% | 8h | 623.02 | +0.011% | $2.6M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0556% | 8h | 623.17 | +0.035% | $6K | $548K | 20x | as long as short |
| Binance AMDUSDT | +0.0581% | 8h | 623.30 | +0.056% | $75.9M | $191.7M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0584% | 1h | 623.15 | +0.032% | $468K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0589% | 1h | 623.10 | +0.024% | $26K | $24K | 10x | as long as short |
| Bitget AMDUSDT | +0.0621% | 8h | 623.14 | +0.031% | $10.2M | $17.6M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0730% | 1h | 622.96 | +0.002% | $78K | $151K | 10x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 622.73 | −0.035% | $144K | $265K | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0838% | 1h | 622.41 | −0.087% | $25.0M | $93.1M | 10x | |
| Polymarket Perps AMD-USD | +0.0876% | 1h | 622.62 | −0.053% | $397K | $1.5M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.1000% | 1h | 622.55 | −0.064% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.1467% | 8h | 623.14 | +0.030% | $18K | $131K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Lighter AMD
OKX AMD-USDT-SWAP
Phoenix AMD
Aevo AMD-PERP
Aster AMDUSDT
Gate AMD_USDT
Nado AMD-PERP
HTX AMD-USDT
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
SoDEX AMD-USD
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD
Polymarket Perps AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp