Funding you earn now, next payment 08:00 UTC−0.0460%/8h= −50.4% APRnext payment −$4.60 per $10,000 · paid last 24h −0.114%
Price spread now: SunX against BloFin−0.045%55s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2772.766% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.045%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.003%). Swap the legs. The two prices were read 55 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 -0.228% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.60 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 | 615.75 | 0.0460 | pay 0.0460% / 8h | 3h 17m | $6K | $546K | 20x |
| Short | SunX AMD-USDT | 615.47 | 0 | get 0.0000% / 8h | 3h 17m | $886 | $8.2M | 10x |
BloFin AMD-USDT
SunX AMD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$96.57
- Price spread: −0.045% → −0.003%
- −$4.27
- Slippage, 4 orders
- −$256.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$377.42
- Costs to cover
- 2.766%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; SunX: live order book, 11 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 BloFin live order book, 13 min ago | 1.37 bp | 10.1 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 44.62 bp | 130.2 bp −$130 | 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 | −0.0292% | 4h | 616.80 | +0.171% | $77K | $1.7M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | −0.0254% | 1h | 614.96 | −0.128% | $77K | $151K | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.64 | −0.018% | $4.5M | $13.8M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 616.41 | +0.107% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDTshort | 0.0000% | 8h | 615.47 | −0.045% | $886 | $8.2M | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 616.72 | +0.158% | $117K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.88 | +0.021% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 615.48 | −0.044% | $527K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 615.55 | −0.032% | $791K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.536% | $2K | $57K | 12x | as long as short |
edgeX AMDUSDC
Deribit AMD_USDC-PERPETUAL
Gate AMD_USDT
Bitget AMDUSDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 616.07 | +0.052% | $140K | $269K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 615.43 | −0.052% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.19 | −0.091% | $394K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 615.38 | −0.060% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.95 | −0.130% | $1.3M | $4.7M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0058% | 1h | 616.66 | +0.148% | — | $924K | 25x | as long as short |
| Nado AMD-PERP | +0.0072% | 1h | 615.37 | −0.062% | $260K | $237K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 615.67 | −0.013% | $315K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0097% | 1h | 615.43 | −0.052% | $23.2M | $94.6M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.56 | −0.031% | $1.9M | $293K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 616.58 | +0.135% | $79K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.23 | −0.084% | $368 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0140% | 8h | 615.93 | +0.029% | $69K | $415K | 50x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 615.88 | +0.021% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0184% | 8h | 616.05 | +0.049% | $6.6M | $28.4M | 25x | as long as short |
| Aevo AMD-PERP | +0.0200% | 1h | 615.54 | −0.035% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0201% | 8h | 617.00 | +0.203% | $19K | $161K | 10x | as long as short |
| Variational Omni AMD | +0.0418% | 8h | 616.79 | +0.169% | $2.5M | $3.3M | — | as long as short |
| BloFin AMD-USDTlong | +0.0460% | 8h | 615.75 | long leg | $6K | $546K | 20x | |
| Binance AMDUSDT | +0.0476% | 8h | 616.02 | +0.045% | $71.5M | $198.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0480% | 1h | 615.66 | −0.014% | $459K | $1.9M | 10x | as long as short |
Arcus AMD-USD
QFEX AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD