Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Coinbase International−0.060%7-day average +0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$350.345% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.060%, 7d avg +0.113%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.173% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.113%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 614.40 | 0.0072 | pay 0.0009% / 1h | 2m 58s | $317K | $1.9M | 10x |
| Short | QFEX AMD-USD | 614.03 | 0.0032 | get 0.0004% / 1h | 2m 58s | $2.1M | $11.6M | 10x |
Coinbase International AMD-PERP-INTX
QFEX AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$8.35
- Price spread: −0.060% → +0.113%
- −$17.32
- Slippage, 4 orders
- −$14.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$60.2
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; QFEX: live order book, 6 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 Coinbase International live order book, 1 min ago | 5.62 bp | 10.6 bp −$11 | 14.3 bp −$143 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.46 bp | 6.5 bp −$7 | 9.6 bp −$96 | 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 | −0.0926% | 4h | 614.94 | +0.087% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0264% | 8h | 614.38 | −0.003% | $10.3M | $17.3M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.37 | −0.005% | $4.4M | $14.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.21 | −0.031% | $2K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.23 | −0.028% | $106K | $640K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 614.33 | −0.011% | $1.7M | $462K | 10x | as long as short |
| Aster AMDUSDT | +0.0018% | 8h | 614.46 | +0.011% | $70K | $416K | 50x | as long as short |
| Lighter AMD | +0.0032% | 1h | 613.85 | −0.090% | $526K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 613.69 | −0.116% | $813K | $4.7M | 10x | as long as short |
| QFEX AMD-USDshort | +0.0032% | 1h | 614.03 | −0.060% | $2.1M | $11.6M | 10x |
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Aster 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 | 614.42 | +0.003% | $137K | $275K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.72 | +0.052% | — | $925K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 613.77 | −0.103% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.43 | +0.005% | $1.4M | $5.4M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0059% | 1h | 613.67 | −0.119% | $23.1M | $95.1M | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0072% | 1h | 614.40 | long leg | $317K | $1.9M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.93 | −0.076% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 614.31 | −0.015% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.99 | −0.067% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0107% | 1h | 613.56 | −0.136% | $255K | $241K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0110% | 8h | 614.20 | −0.033% | $6.6M | $29.1M | 25x | as long as short |
| SoDEX AMD-USD | +0.0120% | 1h | 614.15 | −0.041% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0161% | 8h | 615.46 | +0.173% | $19K | $169K | 10x | as long as short |
| Aevo AMD-PERP | +0.0168% | 1h | 614.27 | −0.022% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 613.86 | −0.088% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | −0.290% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0269% | 8h | 615.12 | +0.117% | $2.5M | $3.3M | — | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0337% | 1h | 613.71 | −0.112% | $76K | $151K | 10x | as long as short |
| Binance AMDUSDT | +0.0351% | 8h | 614.29 | −0.018% | $72.2M | $203.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0352% | 1h | 614.08 | −0.053% | $457K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0378% | 8h | 614.28 | −0.020% | $6K | $550K | 20x | as long as short |
Arcus AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
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
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
Deribit AMD_USDC-PERPETUAL
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT