Funding you earn now, next payment 03:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: tradeXYZ against Coinbase International+0.100%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.100%, 7d avg +0.054%
=Together, before fees+0.116%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.045% dearer against Coinbase International than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.054%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.009% in total) that is about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 622.30 | 0.0120 | pay 0.0015% / 1h | 10m 59s | $316K | $1.9M | 10x |
| Short | tradeXYZ xyz:AMD | 622.92 | 0.0050 | get 0.0006% / 1h | 10m 59s | $23.7M | $94.4M | 10x |
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$14.7
- Price spread: +0.100% → +0.054%
- $4.53
- Slippage, 4 orders
- −$12.51
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$50.67
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; tradeXYZ: live order book, 7 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, 3 min ago | 4.74 bp | 9.7 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.56 bp | 10.3 bp −$10 | 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 | −0.0051% | 4h | 622.60 | +0.049% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 623.29 | +0.159% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.26 | +0.154% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.17 | +0.140% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 622.67 | +0.059% | $78K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.99 | +0.111% | $122K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.22 | +0.148% | $1.8M | $458K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.95 | +0.104% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.88 | +0.093% | $840K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.700% | $5K | $55K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
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 | 622.98 | +0.109% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0050% | 1h | 622.92 | +0.100% | $23.7M | $94.4M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.82 | +0.084% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 623.02 | +0.116% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.25 | −0.008% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0063% | 1h | 624.50 | +0.354% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.17 | +0.140% | $2.1M | $11.7M | 10x | as long as short |
| Nado AMD-PERP | +0.0081% | 1h | 622.70 | +0.064% | $269K | $228K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.84 | +0.087% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.79 | +0.079% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.00 | +0.112% | $373 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0120% | 1h | 622.30 | long leg | $316K | $1.9M | 10x | |
| Phoenix AMD | +0.0206% | 1h | 622.27 | −0.005% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0232% | 1h | 623.30 | +0.160% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0237% | 8h | 623.08 | +0.125% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0261% | 8h | 622.85 | +0.088% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0339% | 8h | 622.69 | +0.062% | $17K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0542% | 8h | 623.11 | +0.130% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0613% | 8h | 623.25 | +0.153% | $73.1M | $195.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0616% | 1h | 623.09 | +0.126% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0642% | 8h | 623.08 | +0.125% | $6K | $551K | 20x | as long as short |
Arcus AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT