Funding you earn now, next payment 02:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.040%
Price spread now: tradeXYZ against Deribit−0.011%7-day average −0.033% · 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−$38as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 5 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.011%, 7d avg −0.033%
=Together, before fees+0.010%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.022% dearer against Deribit than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.033%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 5 days (−0.038% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMD_USDC-PERPETUAL | 620.41 | 0.0234 | pay 0.0029% / 1h | 37m 05s | $77K | $151K | 10x |
| Short | tradeXYZ xyz:AMD | 620.34 | 0.0094 | get 0.0012% / 1h | 37m 05s | $25.0M | $93.4M | 10x |
Deribit AMD_USDC-PERPETUAL
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$29.44
- Price spread: −0.011% → −0.033%
- $2.17
- Slippage, 4 orders
- −$15.4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$67.66
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 31 min ago; tradeXYZ: live order book, 12 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, 31 min ago | 4.33 bp | 7.8 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.88 bp | 10.6 bp −$11 | 10.8 bp −$108 | 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 | −0.0255% | 4h | 621.13 | +0.117% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.92 | +0.082% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.79 | +0.061% | $121K | $599K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.96 | +0.089% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0015% | 8h | 621.02 | +0.098% | $4.5M | $13.2M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.44 | +0.005% | $827K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.401% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.39 | +0.158% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.58 | +0.027% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 620.75 | +0.055% | $25K | $24K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.43 | +0.003% | $1.5M | $4.2M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 620.50 | +0.015% | $540K | $2.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 621.98 | +0.253% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.07 | +0.106% | $2.2M | $12.5M | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0094% | 1h | 620.34 | −0.011% | $25.0M | $93.4M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.63 | +0.035% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.12 | +0.114% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.88 | +0.076% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.87 | +0.074% | $299K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0234% | 1h | 620.41 | long leg | $77K | $151K | 10x | |
| Phoenix AMD | +0.0244% | 1h | 621.34 | +0.150% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0272% | 8h | 620.68 | +0.044% | $6.8M | $28.1M | 25x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.11 | +0.112% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0323% | 1h | 620.41 | 0.000% | $268K | $203K | 10x | as long as short |
| Aster AMDUSDT | +0.0399% | 8h | 620.93 | +0.083% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0509% | 8h | 620.91 | +0.081% | $10.3M | $17.2M | 20x | as long as short |
| Variational Omni AMD | +0.0720% | 8h | 621.77 | +0.219% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0765% | 8h | 620.90 | +0.079% | $75.4M | $190.6M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 620.76 | +0.057% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0779% | 8h | 622.73 | +0.374% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.0882% | 8h | 621.07 | +0.107% | $18K | $132K | 10x | as long as short |
Ondo Perps AMD-USD.P
Lighter AMD
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Nado AMD-PERP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
GRVT AMD_USDT_Perp