Funding you earn now, next payment 01:00 UTC+0.0219%/8h= +24.0% APRpaid last 24h +0.044%
Price spread now: Arcus against Variational Omni−0.235%7-day average −0.043% · 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)+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)+0.245%+$24 · spread now −0.235%, 7d avg −0.043%
=Together, before fees+0.291%+ Points / potential airdropVariational Omni: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.191% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.043%). If the spread goes back, that is −$19 on $10k: about 2.9 days of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.046% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.046% in total (about 5.0% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni AMD | 625.45 | 0.0563 | pay 0.0563% / 8h | 7h 42m | $2.7M | $3.2M | — |
| Short | Arcus AMD-USD | 623.98 | 0.0782 | get 0.0098% / 1h | 42m 15s | $145K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. 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
- $45.96
- Price spread: −0.235% → −0.043%
- −$19.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $22.31
- Costs to cover
- 0.045%
- Break-even
- 3.6 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Arcus: live order book, 31 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 Variational Omni RFQ quote, 2 min ago | 2.48 bp | doesn't fit | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 31 min ago | 3.71 bp | 7.3 bp −$7 | 7.8 bp −$78 | 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 | −0.0467% | 4h | 625.15 | −0.047% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.49 | −0.313% | $1K | $8.7M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.41 | −0.326% | $1.8M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.89 | −0.409% | $855K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −2.195% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0048% | 1h | 624.37 | −0.172% | — | $926K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.08 | −0.539% | $1.5M | $4.6M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.46 | −0.318% | $2.3M | $13.4M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.97 | −0.396% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.40 | −0.327% | $373 | $6K | 10x | as long as short |
Show 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 | 623.04 | −0.385% | $312K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0176% | 1h | 623.03 | −0.387% | $540K | $2.3M | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 623.09 | −0.377% | $2K | $92K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0225% | 8h | 622.99 | −0.393% | $6.9M | $28.4M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 623.61 | −0.294% | $11K | — | 10x | as long as short |
| Gate AMD_USDT | +0.0266% | 8h | 623.45 | −0.319% | $4.5M | $13.4M | 50x | as long as short |
| Aster AMDUSDT | +0.0287% | 8h | 622.26 | −0.509% | $72K | $416K | 50x | as long as short |
| Nado AMD-PERP | +0.0432% | 1h | 622.58 | −0.458% | $319K | $170K | 10x | as long as short |
| SoDEX AMD-USD | +0.0459% | 1h | 623.19 | −0.361% | $26K | $24K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0472% | 1h | 622.83 | −0.419% | $25.1M | $93.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0485% | 1h | 622.96 | −0.398% | $397K | $1.5M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0506% | 1h | 624.65 | −0.128% | $80K | $258K | 50x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0521% | 1h | 623.04 | −0.385% | $78K | $151K | 10x | as long as short |
| Variational Omni AMDlong | +0.0563% | 8h | 625.45 | long leg | $2.7M | $3.2M | — | |
| BloFin AMD-USDT | +0.0607% | 8h | 623.47 | −0.316% | $6K | $551K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0632% | 1h | 623.31 | −0.342% | $466K | $2.0M | 10x | as long as short |
| Binance AMDUSDT | +0.0636% | 8h | 623.42 | −0.324% | $75.9M | $191.7M | 25x | as long as short |
| HTX AMD-USDT | +0.0744% | 8h | 623.07 | −0.380% | $132K | $578K | 20x | as long as short |
| Bitget AMDUSDT | +0.0745% | 8h | 623.32 | −0.340% | $10.1M | $17.5M | 20x | as long as short |
| Arcus AMD-USDshort | +0.0782% | 1h | 623.98 | −0.235% | $145K | $265K | 10x | |
| GRVT AMD_USDT_Perp | +0.1875% | 8h | 625.15 | −0.048% | $18K | $131K | 10x | as long as short |
Variational Omni AMD
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
KuCoin AMDUSDTM
Coinbase International AMD-PERP-INTX
Lighter AMD
Phoenix AMD
OKX AMD-USDT-SWAP
Gate AMD_USDT
Aster AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
ApeX Omni AMDUSDT
Deribit AMD_USDC-PERPETUAL
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT
HTX AMD-USDT
Bitget AMDUSDT
GRVT AMD_USDT_Perp