Funding you earn now, next payment 04:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: tradeXYZ against Phoenix−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.068% cheaper against Phoenix than usual: you would sell low and buy high (−$7 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 | Phoenix AMD | 616.22 | 0.0141 | pay 0.0018% / 1h | 5m 26s | $2K | $90K | 10x |
| Short | tradeXYZ xyz:AMD | 615.80 | 0.0081 | get 0.0010% / 1h | 5m 26s | $23.2M | $94.6M | 10x |
Phoenix AMD
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Phoenix. 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
- −$12.76
- Price spread: −0.068% → 0.000%
- −$6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.57
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 3 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 3 min ago | 0.65 bp | 10.8 bp −$11 | 14.6 bp −$146 | doesn't fit | doesn't fit |
Phoenix: 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 | −0.0208% | 4h | 615.22 | −0.162% | $77K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 616.46 | +0.039% | $4.5M | $13.9M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 616.30 | +0.013% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 616.55 | +0.054% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 616.18 | −0.006% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 616.49 | +0.044% | $116K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.67 | +0.073% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 615.89 | −0.054% | $525K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 616.08 | −0.023% | $791K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.459% | $2K | $57K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 615.69 | −0.086% | $140K | $269K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 615.95 | −0.044% | $2.1M | $11.5M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.78 | −0.071% | $395K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 616.28 | +0.010% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.56 | −0.107% | $1.3M | $4.8M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0051% | 1h | 617.05 | +0.135% | — | $924K | 25x | as long as short |
| Nado AMD-PERP | +0.0052% | 1h | 615.96 | −0.043% | $257K | $239K | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0081% | 1h | 615.80 | −0.068% | $23.2M | $94.6M | 10x | |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 614.72 | −0.243% | $315K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.84 | −0.062% | $1.9M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.77 | −0.073% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 616.40 | +0.029% | $369 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0111% | 8h | 616.19 | −0.006% | $69K | $415K | 50x | as long as short |
| Phoenix AMDlong | +0.0141% | 1h | 616.22 | long leg | $2K | $90K | 10x | |
| OKX AMD-USDT-SWAP | +0.0169% | 8h | 616.03 | −0.031% | $6.6M | $28.6M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0172% | 8h | 615.99 | −0.037% | $19K | $162K | 10x | as long as short |
| Aevo AMD-PERP | +0.0192% | 1h | 616.65 | +0.070% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0372% | 8h | 616.51 | +0.047% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0446% | 8h | 616.06 | −0.026% | $71.4M | $198.8M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0448% | 1h | 615.90 | −0.051% | $460K | $2.6M | 10x | as long as short |
| BloFin AMD-USDT | +0.0473% | 8h | 615.85 | −0.060% | $6K | $546K | 20x | as long as short |
Arcus AMD-USD
QFEX AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT