Funding you earn now, next payment 09:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.082%
Price spread now: QFEX against Binance+0.013%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 4 days (all we have)−0.195%−$19 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.013%, 7d avg −0.057%
=The price spread pays, funding is against you. QFEX is 0.070% dearer against Binance than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.057%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMDUSDT | 608.33 | 0.0216 | pay 0.0216% / 8h | 7h 41m | $71.7M | $205.4M | 25x |
| Short | QFEX AMD-USD | 608.41 | 0.0076 | get 0.0009% / 1h | 41m 44s | $2.0M | $11.4M | 10x |
Binance AMDUSDT
QFEX AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$29.52
- Price spread: +0.013% → −0.057%
- $6.99
- Slippage, 4 orders
- −$7.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$49.96
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; QFEX: live order book, 7 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, 2 min ago | 0.16 bp | 7.0 bp −$7 | 15.6 bp −$156 | 64.3 bp −$6,433 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.72 bp | 7.2 bp −$7 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0672% | 4h | 609.31 | +0.162% | $72K | $1.7M | 10x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −9.403% | $2K | $59K | 12x | as long as short |
| Bitget AMDUSDT | −0.0157% | 8h | 608.42 | +0.015% | $10.2M | $16.5M | 20x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 608.62 | +0.048% | $69K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 608.28 | −0.008% | $4.5M | $14.4M | 50x | as long as short |
| GRVT AMD_USDT_Perp | 0.0000% | 8h | 609.38 | +0.173% | $19K | $186K | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 608.42 | +0.015% | $2K | $7.9M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 607.87 | −0.076% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 608.80 | +0.077% | $101K | $653K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 608.36 | +0.005% | $1.7M | $465K | 10x | as long as short |
edgeX AMDUSDC
Injective AMD/USDC PERP
Bitget AMDUSDT
Aster AMDUSDT
Gate AMD_USDT
GRVT AMD_USDT_Perp
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AMD | +0.0032% | 1h | 608.13 | −0.033% | $521K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 607.99 | −0.056% | $795K | $4.7M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 608.16 | −0.028% | $122K | $284K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 608.66 | +0.054% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 607.65 | −0.112% | $21.6M | $96.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 607.56 | −0.127% | $391K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 608.27 | −0.010% | $1.4M | $5.4M | 10x | as long as short |
| SoDEX AMD-USD | +0.0051% | 1h | 608.27 | −0.010% | $25K | $20K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0068% | 8h | 608.05 | −0.046% | $6.6M | $29.3M | 25x | as long as short |
| QFEX AMD-USDshort | +0.0076% | 1h | 608.41 | +0.013% | $2.0M | $11.4M | 10x | |
| Nado AMD-PERP | +0.0084% | 1h | 607.96 | −0.060% | $252K | $240K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 608.28 | −0.008% | $1.8M | $333K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 609.56 | +0.202% | $79K | $254K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 608.16 | −0.028% | $364 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0118% | 1h | 607.92 | −0.067% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0136% | 1h | 608.35 | +0.004% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0141% | 8h | 608.49 | +0.027% | $2.0M | $3.8M | — | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 608.01 | −0.053% | $307K | $1.8M | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0216% | 1h | 608.22 | −0.018% | $457K | $3.4M | 10x | as long as short |
| Binance AMDUSDTlong | +0.0216% | 8h | 608.33 | long leg | $71.7M | $205.4M | 25x | |
| BloFin AMD-USDT | +0.0225% | 8h | 608.78 | +0.074% | $6K | $549K | 20x | as long as short |
Lighter AMD
Lighter RH AMD
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
SoDEX AMD-USD
OKX AMD-USDT-SWAP
Nado AMD-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