Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.088%
Price spread now: Binance against KuCoin+0.060%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2002.000% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.136%+$14 · spread now +0.060%, 7d avg +0.107%
=Funding pays, the price is against you. Binance is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.107%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.024% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.20 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 | KuCoin AMDUSDTM | 611.41 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $1.9M | $292K | 20x |
| Short | Binance AMDUSDT | 611.78 | 0.0320 | get 0.0320% / 8h | 1h 44m | $71.8M | $203.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $46.3
- Price spread: +0.060% → +0.107%
- −$4.68
- Slippage, 4 orders
- −$177.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$158.34
- Costs to cover
- 2.000%
- Break-even
- 30.9 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 14 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 KuCoin live order book, 2 min ago | 4.99 bp | 45.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.08 bp | 8.5 bp −$9 | 14.4 bp −$144 | 54.1 bp −$5,410 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0353% | 8h | 612.11 | +0.114% | $10.3M | $17.4M | 20x | as long as short |
| edgeX AMDUSDC | −0.0199% | 4h | 611.82 | +0.067% | $72K | $1.7M | 10x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 611.75 | +0.056% | $69K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 611.81 | +0.065% | $4.4M | $14.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 611.93 | +0.085% | $2K | $8.1M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 611.32 | −0.015% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 611.80 | +0.064% | $103K | $642K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 611.81 | +0.065% | $1.7M | $462K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 611.49 | +0.013% | $521K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 611.27 | −0.023% | $812K | $4.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 611.67 | +0.043% | $135K | $276K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 612.38 | +0.159% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 611.23 | −0.029% | $22.8M | $95.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 611.37 | −0.007% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 611.64 | +0.038% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.08 | −0.054% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0067% | 1h | 611.68 | +0.044% | $2.1M | $11.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 551.80 | −9.750% | $2K | $59K | 12x | as long as short |
| Nado AMD-PERP | +0.0077% | 1h | 611.53 | +0.020% | $254K | $241K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0097% | 8h | 611.68 | +0.044% | $6.6M | $29.0M | 25x | as long as short |
| KuCoin AMDUSDTMlong | +0.0100% | 8h | 611.41 | long leg | $1.9M | $292K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.73 | +0.052% | $78K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 611.51 | +0.016% | $366 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 611.26 | −0.025% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0143% | 1h | 611.68 | +0.044% | $2K | $90K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0155% | 8h | 611.84 | +0.070% | $20K | $174K | 10x | as long as short |
| Aevo AMD-PERP | +0.0160% | 1h | 611.87 | +0.076% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0234% | 8h | 611.83 | +0.068% | $2.4M | $3.4M | — | as long as short |
| Extended AMD_24_5-USD | +0.0320% | 1h | 611.65 | +0.039% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0320% | 8h | 611.78 | +0.060% | $71.8M | $203.7M | 25x | |
| BloFin AMD-USDT | +0.0354% | 8h | 611.91 | +0.082% | $6K | $549K | 20x | as long as short |
KuCoin AMDUSDTM
Binance AMDUSDT
Bitget AMDUSDT
edgeX AMDUSDC
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Injective AMD/USDC PERP
OKX AMD-USDT-SWAP
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT