Funding you earn now, next payment 00:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.062%
Price spread now: Phoenix against Variational Omni−0.377%69s7-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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Phoenix is 0.377% cheaper against Variational Omni than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 69 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 | Variational Omni AMD | 625.45 | 0.0563 | pay 0.0563% / 8h | 7h 42m | $2.7M | $3.2M | — |
| Short | Phoenix AMD | 623.09 | 0.0219 | get 0.0027% / 1h | 42m 12s | $2K | $92K | 10x |
Variational Omni AMD
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$72.29
- Price spread: −0.377% → 0.000%
- −$37.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$116.99
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.48 bp | doesn't fit | 31.7 bp −$317 | 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 | −0.0467% | 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 |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
QFEX AMD-USD
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 | 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 AMDshort | +0.0219% | 1h | 623.09 | −0.377% | $2K | $92K | 10x | |
| 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-USD | +0.0782% | 1h | 623.98 | −0.235% | $145K | $265K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1875% | 8h | 625.15 | −0.048% | $18K | $131K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Lighter AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Gate AMD_USDT
Aster AMDUSDT
Nado AMD-PERP
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
Arcus AMD-USD
GRVT AMD_USDT_Perp