Funding you earn now, next payment 00:00 UTC+0.0500%/8h= +54.8% APRnext payment +$5.00 per $10,000 · paid last 24h +0.125%
Price spread now: Binance against Gate−0.006%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 2 days (all we have)+0.063%+$6 · spread now −0.006%, 7d avg +0.014%
=Funding pays, the price is against you. Binance is 0.020% cheaper against Gate than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.014%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.173% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.00 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 | Gate AMD_USDT | 619.83 | 0 | get 0.0000% / 8h | 1h 19m | $4.4M | $13.6M | 50x |
| Short | Binance AMDUSDT | 619.79 | 0.0500 | get 0.0500% / 8h | 1h 19m | $75.6M | $193.3M | 25x |
Gate AMD_USDT
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $105
- Price spread: −0.006% → +0.014%
- −$2.04
- Slippage, 4 orders
- −$18.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $59.47
- Costs to cover
- 0.435%
- Break-even
- 3.0 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 9 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 Gate live order book, 4 min ago | 0.65 bp | 11.6 bp −$12 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.24 bp | 7.7 bp −$8 | 13.2 bp −$132 | 51.2 bp −$5,124 | 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 | −0.0313% | 4h | 619.73 | −0.016% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDTlong | 0.0000% | 8h | 619.83 | long leg | $4.4M | $13.6M | 50x | |
| SunX AMD-USDT | 0.0000% | 8h | 619.81 | −0.003% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.47 | −0.058% | $132K | $582K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.80 | −0.005% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.24 | −0.095% | $833K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.308% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.39 | +0.090% | — | $950K | 25x | as long as short |
| OKX AMD-USDT-SWAP | +0.0047% | 8h | 619.57 | −0.042% | $6.8M | $28.7M | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.35 | −0.077% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
OKX AMD-USDT-SWAP
Polymarket Perps 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 | 618.37 | −0.236% | $1.5M | $4.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 618.86 | −0.156% | $311K | $1.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.61 | −0.035% | $2.3M | $13.3M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0087% | 1h | 619.15 | −0.110% | $24.8M | $95.6M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.22 | −0.098% | $1.9M | $321K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.62 | −0.034% | $378 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0163% | 8h | 618.94 | −0.144% | $72K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 619.05 | −0.126% | $2K | $94K | 10x | as long as short |
| Lighter AMD | +0.0192% | 1h | 619.38 | −0.073% | $535K | $2.6M | 10x | as long as short |
| Aevo AMD-PERP | +0.0200% | 1h | 619.98 | +0.025% | $11K | — | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0258% | 1h | 619.58 | −0.040% | $80K | $259K | 50x | as long as short |
| SoDEX AMD-USD | +0.0287% | 1h | 619.61 | −0.035% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0407% | 1h | 618.86 | −0.156% | $315K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0436% | 8h | 619.64 | −0.031% | $18K | $139K | 10x | as long as short |
| Variational Omni AMD | +0.0448% | 8h | 619.87 | +0.006% | $2.7M | $3.2M | — | as long as short |
| Extended AMD_24_5-USD | +0.0496% | 1h | 619.67 | −0.025% | $458K | $1.5M | 10x | as long as short |
| BloFin AMD-USDT | +0.0496% | 8h | 619.94 | +0.018% | $6K | $543K | 20x | as long as short |
| Binance AMDUSDTshort | +0.0500% | 8h | 619.79 | −0.006% | $75.6M | $193.3M | 25x | |
| Bitget AMDUSDT | +0.0513% | 8h | 619.60 | −0.037% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0655% | 1h | 619.40 | −0.069% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 619.49 | −0.055% | $145K | $267K | 10x | as long as short |
Ondo Perps AMD-USD.P
Coinbase International AMD-PERP-INTX
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
Lighter AMD
Aevo AMD-PERP
ApeX Omni AMDUSDT
SoDEX AMD-USD
Nado AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD