Funding you earn now, next payment 00:00 UTC+0.0539%/8h= +59.0% APRnext payment +$5.39 per $10,000 · paid last 24h +0.128%
Price spread now: BloFin against Phemex−0.039%59s7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.039%, 7d avg +0.009%
=Funding pays, the price is against you. BloFin is 0.048% cheaper against Phemex than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.009%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.178% in total) that is about 45 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.39 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 | Phemex AMDUSDT | 620.51 | 0 | get 0.0000% / 8h | 39m 20s | $1.8M | $460K | 10x |
| Short | BloFin AMD-USDT | 620.27 | 0.0539 | get 0.0539% / 8h | 39m 20s | $6K | $545K | 20x |
Phemex AMDUSDT
BloFin AMD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $113.18
- Price spread: −0.039% → +0.009%
- −$4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $84.38
- Costs to cover
- 0.240%
- Break-even
- 1.8 days
Slippage unknown: Phemex: live order book, 4 min ago; BloFin: live order book, 37 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 | 15.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 0.08 bp | 6.9 bp −$7 | 10.1 bp −$101 | 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 | −0.0228% | 4h | 620.06 | −0.072% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.66 | +0.024% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.43 | −0.013% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.34 | −0.027% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDTlong | 0.0000% | 8h | 620.51 | long leg | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 620.07 | −0.071% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.417% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.33 | +0.132% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.52 | −0.160% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.08 | −0.069% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.44 | −0.011% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.142% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.19 | −0.052% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.23 | −0.045% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0122% | 1h | 619.98 | −0.085% | $24.8M | $94.6M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0131% | 8h | 620.46 | −0.008% | $6.8M | $28.6M | 25x | as long as short |
| SoDEX AMD-USD | +0.0195% | 1h | 620.36 | −0.024% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 619.94 | −0.092% | $2K | $92K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0214% | 1h | 619.81 | −0.113% | $80K | $258K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.64 | +0.021% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0222% | 8h | 620.55 | +0.006% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0224% | 1h | 620.16 | −0.056% | $525K | $2.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0428% | 1h | 620.21 | −0.048% | $77K | $163K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0493% | 8h | 620.19 | −0.052% | $17K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0504% | 8h | 620.10 | −0.066% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0515% | 1h | 619.84 | −0.109% | $317K | $167K | 10x | as long as short |
| BloFin AMD-USDTshort | +0.0539% | 8h | 620.27 | −0.039% | $6K | $545K | 20x | |
| Bitget AMDUSDT | +0.0546% | 8h | 620.30 | −0.034% | $10.1M | $18.1M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 620.36 | −0.023% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0552% | 8h | 620.47 | −0.006% | $75.7M | $192.4M | 25x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.31 | −0.032% | $145K | $265K | 10x | as long as short |
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
tradeXYZ xyz:AMD
OKX AMD-USDT-SWAP
SoDEX AMD-USD
Phoenix AMD
ApeX Omni AMDUSDT
Aevo AMD-PERP
Aster AMDUSDT
Lighter AMD
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
Nado AMD-PERP
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
Arcus AMD-USD