Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.3% APRnext payment +$0.28 per $10,000 · paid last 24h +0.036%
Price spread now: Phoenix against Extended+0.183%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.183% dearer against Extended than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 108 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 | Extended AMAT-USD | 466.83 | 0 | get 0.0000% / 1h | 43m 41s | $5K | $27K | 10x |
| Short | Phoenix AMAT | 467.69 | 0.0222 | get 0.0028% / 1h | 43m 41s | $19K | $110K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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
- $46.6
- Price spread: +0.183% → 0.000%
- $18.34
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $52.95
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Phoenix: live order book, 2 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 Extended no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 2 min ago | 3.64 bp | 11.8 bp −$12 | 24.8 bp −$248 | doesn't fit | doesn't fit |
Extended: 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.
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 467.24 | +0.086% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USDlong | 0.0000% | 1h | 466.83 | long leg | $5K | $27K | 10x | |
| Binance AMATUSDT | 0.0000% | 8h | 466.96 | +0.026% | $8.8M | $12.9M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.96 | +0.027% | $892K | $657K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 467.60 | +0.164% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 466.95 | +0.025% | $2.0M | $1.7M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 467.52 | +0.147% | $65K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 467.03 | +0.042% | $504 | $101K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0023% | 8h | 467.23 | +0.085% | $109K | $100K | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.65 | −0.039% | — | — | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 466.68 | −0.033% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 466.82 | −0.003% | $410K | $534K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 465.24 | −0.341% | $940 | $368K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 468.61 | +0.381% | $170K | $39K | 20x | as long as short |
| Phoenix AMATshort | +0.0222% | 1h | 467.69 | +0.183% | $19K | $110K | 10x | |
| Gate AMAT_USDT | +0.0245% | 8h | 466.80 | −0.007% | $1.6M | $6.4M | 50x | as long as short |
Extended AMAT-USD
Phoenix AMAT
Aster AMATUSDT
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Gate AMAT_USDT