Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against KuCoin−0.028%50s7-day average +0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.028%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.091% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMDUSDTM | 612.69 | 0.0100 | pay 0.0100% / 8h | 7m 24s | $1.9M | $307K | 20x |
| Short | Phemex AMDUSDT | 612.52 | 0 | get 0.0000% / 8h | 7m 24s | $1.7M | $466K | 10x |
KuCoin AMDUSDTM
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$21
- Price spread: −0.028% → +0.064%
- −$9.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$54.14
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 9 min ago; Phemex: live order book, 1 min ago. Net counts fees only.
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, 9 min ago | 7.75 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 16.17 bp | doesn't fit | 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 | −0.0882% | 4h | 612.93 | +0.039% | $73K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0259% | 8h | 613.38 | +0.113% | $10.4M | $17.5M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −10.047% | $2K | $59K | 12x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.66 | −0.004% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.08 | +0.064% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 612.88 | +0.031% | $1K | $8.0M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.37 | −0.052% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.84 | +0.024% | $100K | $634K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 612.52 | −0.028% | $1.7M | $466K | 10x | |
| Lighter AMD | +0.0032% | 1h | 612.71 | +0.003% | $523K | $2.6M | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Injective AMD/USDC PERP
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Lighter AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMD | +0.0032% | 1h | 612.56 | −0.021% | $795K | $4.8M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 612.90 | +0.034% | $128K | $286K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.34 | +0.106% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.35 | −0.055% | $22.0M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.55 | −0.023% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.78 | +0.015% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.20 | −0.080% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 612.86 | +0.028% | $2.0M | $11.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0072% | 8h | 612.99 | +0.049% | $6.6M | $29.5M | 25x | as long as short |
| KuCoin AMDUSDTMlong | +0.0100% | 8h | 612.69 | long leg | $1.9M | $307K | 20x | |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.67 | −0.003% | $79K | $254K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.77 | +0.013% | $366 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0125% | 1h | 612.35 | −0.055% | $254K | $241K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 612.53 | −0.026% | $312K | $1.9M | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 612.99 | +0.050% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0157% | 1h | 612.29 | −0.065% | $2K | $90K | 10x | as long as short |
| Variational Omni AMD | +0.0164% | 8h | 612.87 | +0.030% | $2.0M | $3.8M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0173% | 8h | 612.86 | +0.028% | $20K | $182K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0248% | 1h | 612.81 | +0.020% | $459K | $3.4M | 10x | as long as short |
| Binance AMDUSDT | +0.0249% | 8h | 612.99 | +0.049% | $72.1M | $204.8M | 25x | as long as short |
| BloFin AMD-USDT | +0.0275% | 8h | 612.96 | +0.044% | $6K | $553K | 20x | as long as short |
Lighter RH AMD
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
QFEX AMD-USD
OKX AMD-USDT-SWAP
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
Phoenix AMD
Variational Omni AMD
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT