Funding you earn now, next payment 06:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: Phoenix against Coinbase International+0.023%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.023% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 612.56 | 0.0120 | pay 0.0015% / 1h | 1m 58s | $312K | $1.9M | 10x |
| Short | Phoenix AMD | 612.70 | 0.0143 | get 0.0018% / 1h | 1m 58s | $2K | $90K | 10x |
Coinbase International AMD-PERP-INTX
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Coinbase International. 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
- $4.92
- Price spread: +0.023% → 0.000%
- $2.29
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$9.8
- Costs to cover
- 0.170%
- Break-even
- 20.9 days
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 3.59 bp | 8.7 bp −$9 | 12.5 bp −$125 | 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 | −0.0453% | 4h | 612.90 | +0.055% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0364% | 8h | 613.68 | +0.183% | $10.3M | $17.4M | 20x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 613.42 | +0.140% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.53 | +0.158% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.44 | +0.144% | $1K | $8.1M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.80 | +0.039% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.37 | +0.132% | $101K | $639K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.56 | +0.163% | $1.7M | $465K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 613.13 | +0.093% | $521K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 612.90 | +0.056% | $808K | $4.7M | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 612.83 | +0.044% | $132K | $281K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.77 | +0.198% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.81 | +0.041% | $22.2M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.88 | +0.052% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.30 | −0.042% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0067% | 1h | 613.03 | +0.077% | $2.1M | $11.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 551.12 | −10.030% | $2K | $59K | 12x | as long as short |
| OKX AMD-USDT-SWAP | +0.0082% | 8h | 613.25 | +0.113% | $6.6M | $29.5M | 25x | as long as short |
| SoDEX AMD-USD | +0.0084% | 1h | 613.21 | +0.106% | $25K | $24K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.04 | +0.078% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.69 | +0.021% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.15 | +0.096% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0116% | 1h | 612.66 | +0.017% | $255K | $241K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0120% | 1h | 612.56 | long leg | $312K | $1.9M | 10x | |
| Phoenix AMDshort | +0.0143% | 1h | 612.70 | +0.023% | $2K | $90K | 10x | |
| Aevo AMD-PERP | +0.0152% | 1h | 613.45 | +0.146% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0180% | 8h | 612.90 | +0.055% | $20K | $178K | 10x | as long as short |
| Variational Omni AMD | +0.0213% | 8h | 613.20 | +0.104% | $2.0M | $3.8M | — | as long as short |
| Binance AMDUSDT | +0.0296% | 8h | 613.45 | +0.145% | $72.1M | $204.8M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0296% | 1h | 613.28 | +0.117% | $457K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0309% | 8h | 612.97 | +0.067% | $6K | $553K | 20x | as long as short |
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
QFEX AMD-USD
Injective AMD/USDC PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
Aevo AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT