Funding you earn now, next payment 22:00 UTC−0.0550%/8h= −60.3% APRnext payment −$0.69 per $10,000 · paid last 24h −0.020%
Price spread now: Coinbase International against Deribit−0.108%7-day average −0.090% · 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−$39as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 5 days (all we have)−0.044%−$4 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.108%, 7d avg −0.090%
=The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.044% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.69 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 | Deribit AMD_USDC-PERPETUAL | 619.53 | 0.0622 | pay 0.0078% / 1h | 3m 48s | $77K | $163K | 10x |
| Short | Coinbase International AMD-PERP-INTX | 618.86 | 0.0072 | get 0.0009% / 1h | 3m 48s | $311K | $1.8M | 10x |
Deribit AMD_USDC-PERPETUAL
Coinbase International AMD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$115.58
- Price spread: −0.108% → −0.090%
- −$1.78
- Slippage, 4 orders
- −$20.25
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$154.61
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 15 min ago; Coinbase International: live order book, 5 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 Deribit live order book, 15 min ago | 5.57 bp | 9.1 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.91 bp | 9.4 bp −$9 | 13.6 bp −$136 | 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 | −0.0839% | 4h | 619.56 | +0.005% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.97 | +0.071% | $4.4M | $13.7M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 619.85 | +0.052% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.63 | +0.016% | $132K | $580K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.49 | −0.006% | $1.8M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.45 | −0.013% | $834K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.261% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.34 | +0.131% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 618.79 | −0.119% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0059% | 1h | 619.47 | −0.010% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTXshort | +0.0072% | 1h | 618.86 | −0.108% | $311K | $1.8M | 10x | |
| OKX AMD-USDT-SWAP | +0.0074% | 8h | 619.83 | +0.048% | $6.8M | $28.6M | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.55 | +0.003% | $2.3M | $13.4M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0097% | 1h | 619.34 | −0.031% | $24.8M | $95.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.46 | −0.011% | $1.9M | $318K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.74 | +0.034% | $378 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 618.87 | −0.107% | $2K | $94K | 10x | as long as short |
| Aster AMDUSDT | +0.0187% | 8h | 619.12 | −0.065% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0200% | 1h | 619.59 | +0.010% | $536K | $2.6M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0203% | 1h | 619.45 | −0.013% | $80K | $259K | 50x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 620.22 | +0.111% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0257% | 1h | 619.75 | +0.036% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0418% | 1h | 618.94 | −0.095% | $315K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0461% | 8h | 619.76 | +0.037% | $17K | $137K | 10x | as long as short |
| Variational Omni AMD | +0.0469% | 8h | 619.52 | −0.001% | $2.7M | $3.2M | — | as long as short |
| Binance AMDUSDT | +0.0520% | 8h | 619.95 | +0.068% | $75.6M | $193.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0520% | 1h | 619.84 | +0.050% | $458K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0525% | 8h | 619.79 | +0.042% | $10.1M | $18.1M | 20x | as long as short |
| BloFin AMD-USDT | +0.0534% | 8h | 619.93 | +0.065% | $6K | $547K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0622% | 1h | 619.53 | long leg | $77K | $163K | 10x | |
| Arcus AMD-USD | +0.0780% | 1h | 619.54 | +0.002% | $145K | $267K | 10x | as long as short |
OKX AMD-USDT-SWAP
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aster AMDUSDT
Lighter AMD
ApeX Omni AMDUSDT
Aevo AMD-PERP
SoDEX AMD-USD
Nado AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
Bitget AMDUSDT
BloFin AMD-USDT
Arcus AMD-USD