Funding you earn now, next payment 08:00 UTC−0.0779%/8h= −85.3% APRnext payment −$7.79 per $10,000 · paid last 24h −0.121%
Price spread now: Phemex against BloFin−0.292%539s7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 3 days (all we have)+0.274%+$27 · spread now −0.292%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Phemex is 0.283% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 539 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.234% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.79 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 | BloFin AMD-USDT | 622.73 | 0.0779 | pay 0.0779% / 8h | 6h 39m | $7K | $551K | 20x |
| Short | Phemex AMDUSDT | 620.91 | 0 | get 0.0000% / 8h | 6h 39m | $1.8M | $460K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- −$163.66
- Price spread: −0.292% → −0.010%
- −$28.27
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$215.94
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 26 min ago; Phemex: live order book, 3 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 BloFin live order book, 26 min ago | 0.16 bp | 8.1 bp −$8 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 12.81 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0467% | 4h | 621.92 | −0.131% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.45 | −0.206% | $1K | $8.4M | 10x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 620.91 | −0.292% | $1.8M | $460K | 10x | |
| HTX AMD-USDT | +0.0009% | 8h | 621.66 | −0.172% | $132K | $578K | 20x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.09 | −0.263% | $827K | $4.4M | 10x | as long as short |
| Gate AMD_USDT | +0.0033% | 8h | 621.44 | −0.207% | $4.5M | $13.2M | 50x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.768% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.85 | −0.141% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.06 | −0.268% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.37 | −0.218% | $25K | $24K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.78 | −0.313% | $1.5M | $4.2M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 621.17 | −0.251% | $536K | $2.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 622.53 | −0.032% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.58 | −0.185% | $2.2M | $12.5M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0090% | 1h | 620.90 | −0.294% | $25.0M | $93.4M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.06 | −0.268% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.80 | −0.310% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.38 | −0.217% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.87 | −0.299% | $299K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0185% | 1h | 620.95 | −0.286% | $77K | $151K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 621.34 | −0.223% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.66 | −0.171% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0273% | 8h | 621.16 | −0.252% | $6.8M | $28.1M | 25x | as long as short |
| Nado AMD-PERP | +0.0313% | 1h | 620.77 | −0.315% | $268K | $202K | 10x | as long as short |
| Aster AMDUSDT | +0.0404% | 8h | 621.37 | −0.218% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0547% | 8h | 621.39 | −0.215% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMD | +0.0720% | 8h | 621.77 | −0.154% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0768% | 8h | 621.25 | −0.238% | $75.4M | $190.5M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 621.18 | −0.250% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDTlong | +0.0779% | 8h | 622.73 | long leg | $7K | $551K | 20x | |
| GRVT AMD_USDT_Perp | +0.0968% | 8h | 622.31 | −0.067% | $17K | $131K | 10x | as long as short |
BloFin AMD-USDT
Phemex AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Gate AMD_USDT
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Lighter AMD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp