Funding you earn now, next payment 09:00 UTC+0.0159%/8h= +17.5% APRpaid last 24h −0.051%
Price spread now: Binance against Arcus−0.012%7-day average +0.072% · 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−$35as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 4 days (all we have)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.425%−$42 · spread now −0.012%, 7d avg +0.072%
=Funding pays, the price is against you. Binance is 0.084% cheaper against Arcus than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.072%). If the spread goes back, that is −$8 on $10k: about 42 hours of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.008% in total) that is about 41 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 605.12 | 0.0040 | pay 0.0005% / 1h | 30m 18s | $121K | $285K | 10x |
| Short | Binance AMDUSDT | 605.05 | 0.0200 | get 0.0200% / 8h | 7h 30m | $71.3M | $205.9M | 25x |
Arcus AMD-USD
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- $33.47
- Price spread: −0.012% → +0.072%
- −$8.37
- Slippage, 4 orders
- −$12.43
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1.83
- Costs to cover
- 0.269%
- Break-even
- 7.4 days
Slippage from Arcus: live order book, 3 min ago; Binance: live order book, 13 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 Arcus live order book, 3 min ago | 1.98 bp | 4.8 bp −$5 | 7.2 bp −$72 | 16.8 bp −$1,683 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.16 bp | 6.2 bp −$6 | 13.7 bp −$137 | 49.4 bp −$4,944 | 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 | −0.0352% | 4h | 606.29 | +0.193% | $71K | $1.7M | 10x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −8.922% | $2K | $59K | 12x | as long as short |
| Bitget AMDUSDT | −0.0087% | 8h | 605.05 | −0.012% | $10.0M | $16.6M | 20x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 605.11 | −0.001% | $69K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 604.95 | −0.028% | $4.6M | $14.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 604.98 | −0.023% | $2K | $7.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 604.44 | −0.112% | $75K | $152K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 605.76 | +0.106% | $101K | $652K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 604.99 | −0.021% | $1.7M | $465K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 604.67 | −0.074% | $786K | $4.7M | 10x | as long as short |
edgeX AMDUSDC
Injective AMD/USDC PERP
Bitget AMDUSDT
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AMD | +0.0040% | 1h | 604.69 | −0.071% | $518K | $2.5M | 10x | as long as short |
| Arcus AMD-USDlong | +0.0040% | 1h | 605.12 | long leg | $121K | $285K | 10x | |
| Vest AMD-USD-PERP | +0.0046% | 1h | 605.21 | +0.015% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 604.56 | −0.093% | $21.0M | $97.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 604.59 | −0.088% | $389K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 605.37 | +0.041% | $25K | $20K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 604.31 | −0.134% | $1.4M | $5.3M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0061% | 8h | 604.87 | −0.041% | $6.6M | $29.3M | 25x | as long as short |
| QFEX AMD-USD | +0.0076% | 1h | 605.02 | −0.017% | $2.0M | $11.4M | 10x | as long as short |
| Nado AMD-PERP | +0.0079% | 1h | 604.74 | −0.062% | $248K | $242K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0080% | 8h | 607.11 | +0.329% | $19K | $185K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 604.99 | −0.021% | $1.8M | $346K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 605.77 | +0.107% | $78K | $254K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 605.10 | −0.003% | $362 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0118% | 1h | 606.22 | +0.182% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0128% | 1h | 604.95 | −0.029% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0130% | 8h | 605.91 | +0.130% | $2.0M | $3.8M | — | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 605.35 | +0.038% | $307K | $1.8M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0200% | 8h | 605.05 | −0.012% | $71.3M | $205.9M | 25x | |
| Extended AMD_24_5-USD | +0.0200% | 1h | 604.97 | −0.024% | $455K | $3.4M | 10x | as long as short |
| BloFin AMD-USDT | +0.0209% | 8h | 605.93 | +0.134% | $6K | $546K | 20x | as long as short |
Lighter AMD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
OKX AMD-USDT-SWAP
QFEX AMD-USD
Nado AMD-PERP
GRVT AMD_USDT_Perp
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aevo AMD-PERP
Variational Omni AMD
Coinbase International AMD-PERP-INTX
Extended AMD_24_5-USD
BloFin AMD-USDT