Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$1.72 per $10,000 · paid last 24h +0.083%
Price spread now: Bitget against Phemex−0.108%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.108%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.110% cheaper against Phemex than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AMDUSDT | 613.26 | 0 | get 0.0000% / 8h | 2h 29m | $1.7M | $462K | 10x |
| Short | Bitget AMDUSDT | 612.60 | −0.0172 | pay 0.0172% / 8h | 2h 29m | $10.3M | $17.3M | 20x |
Phemex AMDUSDT
Bitget AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- −$36.12
- Price spread: −0.108% → +0.002%
- −$10.96
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$71.08
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Bitget: live order book, 4 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 Phemex live order book, 4 min ago | 13.58 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.45 bp | 15.7 bp −$16 | 22.2 bp −$222 | 40.6 bp −$4,062 | 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 AMDUSDTshort | −0.0172% | 8h | 612.60 | −0.108% | $10.3M | $17.3M | 20x | |
| edgeX AMDUSDC | −0.0133% | 4h | 612.25 | −0.165% | $72K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 612.10 | −0.189% | $4.4M | $14.1M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.25 | −0.002% | $2K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.06 | −0.033% | $112K | $627K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 613.26 | long leg | $1.7M | $462K | 10x | |
| Lighter AMD | +0.0032% | 1h | 611.54 | −0.280% | $528K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 611.55 | −0.279% | $807K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 611.89 | −0.223% | $2.0M | $11.5M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 612.19 | −0.174% | $137K | $271K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter AMD
Lighter RH AMD
QFEX AMD-USD
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AMDUSDT | +0.0040% | 8h | 612.15 | −0.181% | $69K | $415K | 50x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.03 | −0.038% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 611.61 | −0.269% | $23.0M | $95.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.86 | −0.065% | $401K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.57 | −0.113% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.91 | −0.220% | $1.3M | $5.1M | 10x | as long as short |
| Nado AMD-PERP | +0.0069% | 1h | 611.60 | −0.270% | $254K | $240K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 611.04 | −0.362% | $317K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.10 | −0.189% | $1.9M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.28 | −0.323% | $78K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.93 | −0.054% | $367 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0121% | 8h | 612.10 | −0.189% | $6.5M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0134% | 8h | 611.97 | −0.211% | $19K | $167K | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 613.24 | −0.003% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 613.13 | −0.021% | $2K | $90K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0207% | 1h | 612.77 | −0.080% | $76K | $151K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | −0.104% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0284% | 8h | 611.95 | −0.214% | $2.5M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0368% | 1h | 611.83 | −0.232% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0370% | 8h | 612.01 | −0.204% | $71.6M | $201.7M | 25x | as long as short |
| BloFin AMD-USDT | +0.0390% | 8h | 612.07 | −0.194% | $6K | $544K | 20x | as long as short |
Aster AMDUSDT
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
Injective AMD/USDC PERP
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT