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 Orderly−0.095%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.095% cheaper against Orderly than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AMD_USDC_mythos | 623.75 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $373 | $6K | 10x |
| Short | Phemex AMDUSDT | 623.16 | 0 | get 0.0000% / 8h | 7h 01m | $1.8M | $460K | 10x |
Orderly PERP_AMD_USDC_mythos
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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: −0.095% → 0.000%
- −$9.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$48.46
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 10.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0174% | 4h | 623.59 | −0.026% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.74 | −0.002% | $1K | $8.5M | 10x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 623.16 | −0.095% | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 623.37 | −0.061% | $851K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.929% | $5K | $55K | 12x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0039% | 1h | 623.30 | −0.072% | $78K | $151K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.70 | −0.168% | $1.5M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 624.94 | +0.191% | — | $925K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.65 | −0.016% | $2.2M | $12.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 623.53 | −0.035% | $1.9M | $297K | 20x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Deribit AMD_USDC-PERPETUAL
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AMD_USDC_mythoslong | +0.0100% | 8h | 623.75 | long leg | $373 | $6K | 10x | |
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.02 | −0.117% | $300K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0168% | 1h | 623.41 | −0.055% | $549K | $2.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0216% | 1h | 623.26 | −0.079% | $397K | $1.5M | 10x | as long as short |
| Gate AMD_USDT | +0.0218% | 8h | 623.83 | +0.013% | $4.5M | $13.6M | 50x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 623.48 | −0.043% | $2K | $92K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0255% | 1h | 623.22 | −0.085% | $25.2M | $93.2M | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 623.94 | +0.030% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0288% | 8h | 623.68 | −0.011% | $6.9M | $28.3M | 25x | as long as short |
| SoDEX AMD-USD | +0.0323% | 1h | 623.58 | −0.027% | $26K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0403% | 1h | 623.43 | −0.051% | $80K | $258K | 50x | as long as short |
| Nado AMD-PERP | +0.0416% | 1h | 623.14 | −0.097% | $318K | $175K | 10x | as long as short |
| Aster AMDUSDT | +0.0430% | 8h | 622.92 | −0.134% | $72K | $416K | 50x | as long as short |
| HTX AMD-USDT | +0.0566% | 8h | 623.48 | −0.043% | $132K | $579K | 20x | as long as short |
| Bitget AMDUSDT | +0.0712% | 8h | 623.76 | +0.002% | $10.3M | $17.4M | 20x | as long as short |
| Variational Omni AMD | +0.0750% | 8h | 623.66 | −0.014% | $2.6M | $3.2M | — | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 623.77 | +0.003% | $145K | $264K | 10x | as long as short |
| BloFin AMD-USDT | +0.0797% | 8h | 623.59 | −0.026% | $6K | $551K | 20x | as long as short |
| Binance AMDUSDT | +0.0797% | 8h | 623.74 | −0.002% | $75.9M | $190.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0800% | 1h | 623.61 | −0.023% | $463K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1541% | 8h | 624.14 | +0.062% | $18K | $131K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Lighter AMD
Polymarket Perps AMD-USD
Gate AMD_USDT
Phoenix AMD
tradeXYZ xyz:AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
ApeX Omni AMDUSDT
Nado AMD-PERP
Aster AMDUSDT
HTX AMD-USDT
Bitget AMDUSDT
Variational Omni AMD
Arcus AMD-USD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp