Funding you earn now, next payment 05:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h −0.077%
Price spread now: Phoenix against BloFin−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Phoenix is 0.068% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.0% a year). A funding rate is set anew for every payment. 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 | 614.28 | 0.0378 | pay 0.0378% / 8h | 2h 01m | $6K | $550K | 20x |
| Short | Phoenix AMD | 613.86 | 0.0195 | get 0.0024% / 1h | 1m 46s | $2K | $90K | 10x |
BloFin AMD-USDT
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$38.51
- Price spread: −0.068% → 0.000%
- −$6.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$64.34
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 24 min ago; Phoenix: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 24 min ago | 0.41 bp | 9.0 bp −$9 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.
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 | −0.0926% | 4h | 614.94 | +0.107% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0263% | 8h | 614.42 | +0.023% | $10.3M | $17.3M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.43 | +0.024% | $4.4M | $14.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.04 | −0.039% | $1K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.87 | −0.067% | $105K | $640K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.39 | −0.145% | $1.7M | $462K | 10x | as long as short |
| Aster AMDUSDT | +0.0015% | 8h | 614.21 | −0.011% | $70K | $416K | 50x | as long as short |
| Lighter AMD | +0.0032% | 1h | 614.14 | −0.023% | $526K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 613.89 | −0.063% | $813K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 614.05 | −0.037% | $2.1M | $11.6M | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Aster AMDUSDT
Lighter AMD
Lighter RH AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 614.25 | −0.005% | $137K | $275K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.67 | +0.063% | — | $925K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 613.60 | −0.111% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 613.65 | −0.103% | $1.4M | $5.4M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0065% | 1h | 613.92 | −0.059% | $23.1M | $95.1M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 613.21 | −0.174% | $317K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.91 | −0.060% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 614.31 | +0.005% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.83 | −0.073% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0109% | 1h | 613.42 | −0.140% | $255K | $241K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0110% | 8h | 614.40 | +0.020% | $6.6M | $29.1M | 25x | as long as short |
| SoDEX AMD-USD | +0.0115% | 1h | 613.75 | −0.086% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0161% | 8h | 615.46 | +0.192% | $19K | $169K | 10x | as long as short |
| Aevo AMD-PERP | +0.0168% | 1h | 614.16 | −0.020% | $11K | — | 10x | as long as short |
| Phoenix AMDshort | +0.0195% | 1h | 613.86 | −0.068% | $2K | $90K | 10x | |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | −0.270% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0269% | 8h | 615.12 | +0.136% | $2.5M | $3.3M | — | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0337% | 1h | 613.49 | −0.129% | $76K | $151K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0344% | 1h | 613.79 | −0.079% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0344% | 8h | 614.17 | −0.018% | $72.2M | $203.4M | 25x | as long as short |
| BloFin AMD-USDTlong | +0.0378% | 8h | 614.28 | long leg | $6K | $550K | 20x |
Arcus AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Injective AMD/USDC PERP
Variational Omni AMD
Deribit AMD_USDC-PERPETUAL
Extended AMD_24_5-USD
Binance AMDUSDT