Settings8H · net · $10k
Funding arb · Price arb /

AMAT

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Alert: funding
Alert: spread
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: Extended against Phoenix−0.108%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.108% cheaper against Phoenix than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMAT467.360.0222pay 0.0028% / 1h43m 27s$19K$110K10x
ShortExtended AMAT-USD466.860get 0.0000% / 1h43m 27s$5K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phoenix. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.108% → 0.000%
−$10.77
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$69.37
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 2 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 2 min ago3.64 bp11.8 bp −$1224.8 bp −$248doesn't fitdoesn't fit
Sell Extended no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMATUSDT0.0000%8h467.17−0.040%$10K$11K20xas long as short
Extended AMAT-USDshort0.0000%1h466.86−0.108%$5K$27K10x
Binance AMATUSDT0.0000%8h466.97−0.083%$8.8M$12.9M20xas long as short
Bybit AMATUSDT0.0000%8h466.99−0.079%$892K$657K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h467.60+0.051%$1.4M$1.6M20xas long as short
Bitget AMATUSDT0.0000%8h467.17−0.041%$2.0M$1.7M20xas long as short
Variational Omni AMAT0.0000%8h467.52+0.034%$65K$44Kas long as short
GRVT AMAT_USDT_Perp0.0000%8h467.12−0.051%$504$101K10xas long as short
BloFin AMAT-USDT+0.0023%8h467.23−0.028%$109K$100K20xas long as short
Vest AMAT-USD-PERP+0.0046%1h466.50−0.184%10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:AMAT+0.0050%1h466.69−0.143%$2.6M$2.2M10xas long as short
KuCoin AMATUSDTM+0.0100%8h466.81−0.118%$410K$535K20xas long as short
SunX AMAT-USDT+0.0100%8h465.24−0.454%$940$368K10xas long as short
HTX AMAT-USDT+0.0100%8h468.61+0.267%$170K$39K20xas long as short
Phoenix AMATlong+0.0222%1h467.36long leg$19K$110K10x
Gate AMAT_USDT+0.0239%8h466.80−0.120%$1.6M$6.4M50xas long as short