Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$2.58 per $10,000 · paid last 24h −0.088%
Price spread now: KuCoin against Binance−0.060%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now −0.060%, 7d avg −0.107%
=The price spread pays, funding is against you. KuCoin is 0.047% dearer against Binance than usual: you sell high and buy low (spread −0.060% now, against its 7-day average of −0.107%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.024% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 per $10,000. 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 | Binance AMDUSDT | 614.34 | 0.0358 | pay 0.0358% / 8h | 2h 10m | $72.2M | $203.1M | 25x |
| Short | KuCoin AMDUSDTM | 613.97 | 0.0100 | get 0.0100% / 8h | 2h 10m | $1.9M | $295K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$54.19
- Price spread: −0.060% → −0.107%
- $4.7
- Slippage, 4 orders
- −$165.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$237.22
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 5 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 Binance live order book, 3 min ago | 0.08 bp | 5.7 bp −$6 | 14.3 bp −$143 | 50.3 bp −$5,034 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 8.98 bp | 135.8 bp −$136 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0316% | 8h | 614.72 | +0.062% | $10.3M | $17.3M | 20x | as long as short |
| edgeX AMDUSDC | −0.0055% | 4h | 613.84 | −0.082% | $72K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.62 | +0.045% | $4.4M | $14.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.28 | −0.010% | $2K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.53 | +0.031% | $106K | $639K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 614.81 | +0.076% | $1.7M | $462K | 10x | as long as short |
| Aster AMDUSDT | +0.0026% | 8h | 614.37 | +0.004% | $69K | $415K | 50x | as long as short |
| Lighter AMD | +0.0032% | 1h | 614.06 | −0.046% | $526K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 613.97 | −0.060% | $814K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 614.22 | −0.020% | $2.1M | $11.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 613.56 | −0.127% | $137K | $274K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.78 | +0.071% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 613.77 | −0.093% | $23.1M | $95.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 614.01 | −0.054% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 613.60 | −0.121% | $1.4M | $5.3M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 611.94 | −0.391% | $317K | $1.9M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0076% | 1h | 613.98 | −0.059% | $76K | $151K | 10x | as long as short |
| Nado AMD-PERP | +0.0094% | 1h | 613.77 | −0.093% | $255K | $241K | 10x | as long as short |
| KuCoin AMDUSDTMshort | +0.0100% | 8h | 613.97 | −0.060% | $1.9M | $295K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 613.62 | −0.117% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 614.28 | −0.010% | $367 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0113% | 8h | 614.39 | +0.008% | $6.6M | $29.1M | 25x | as long as short |
| SoDEX AMD-USD | +0.0117% | 1h | 614.47 | +0.021% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0151% | 8h | 612.89 | −0.236% | $19K | $169K | 10x | as long as short |
| Aevo AMD-PERP | +0.0168% | 1h | 614.14 | −0.033% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 613.67 | −0.109% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | −0.280% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0271% | 8h | 614.34 | 0.000% | $2.5M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0331% | 8h | 614.60 | +0.042% | $6K | $547K | 20x | as long as short |
| Binance AMDUSDTlong | +0.0358% | 8h | 614.34 | long leg | $72.2M | $203.1M | 25x | |
| Extended AMD_24_5-USD | +0.0360% | 1h | 614.06 | −0.045% | $457K | $3.1M | 10x | as long as short |
Binance AMDUSDT
KuCoin AMDUSDTM
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Aster AMDUSDT
Lighter AMD
Lighter RH AMD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
ApeX Omni AMDUSDT
OKX AMD-USDT-SWAP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD