Funding you earn now, next payment 02:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h +0.131%
Price spread now: Arcus against tradeXYZ+0.153%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 3 days (all we have)+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.153%, 7d avg +0.013%
=Together, before fees−0.127%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.140% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.013%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.8 days. Mind the row above: over the last 3 days funding on this pair paid +0.134%, 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 | tradeXYZ xyz:AMD | 620.44 | 0.0093 | pay 0.0012% / 1h | 37m 20s | $25.0M | $93.4M | 10x |
| Short | Arcus AMD-USD | 621.39 | 0.0040 | get 0.0005% / 1h | 37m 20s | $144K | $263K | 10x |
tradeXYZ xyz:AMD
Arcus AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$11.12
- Price spread: +0.153% → +0.013%
- $14.02
- Slippage, 4 orders
- −$17.71
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$37.31
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Arcus: live order book, 31 min ago.
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 tradeXYZ live order book, 12 min ago | 0.88 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 31 min ago | 4.49 bp | 10.7 bp −$11 | 12.8 bp −$128 | 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 | −0.0255% | 4h | 621.13 | +0.112% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.92 | +0.077% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.14 | +0.113% | $122K | $598K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.37 | +0.150% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0015% | 8h | 620.98 | +0.087% | $4.5M | $13.2M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.71 | +0.044% | $827K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.405% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USDshort | +0.0040% | 1h | 621.39 | +0.153% | $144K | $263K | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.58 | +0.023% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.04 | +0.097% | $25K | $24K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.43 | −0.002% | $1.5M | $4.2M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 620.77 | +0.053% | $535K | $2.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 621.98 | +0.248% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.07 | +0.102% | $2.2M | $12.5M | 10x | as long as short |
| tradeXYZ xyz:AMDlong | +0.0093% | 1h | 620.44 | long leg | $25.0M | $93.4M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.78 | +0.055% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.12 | +0.110% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.88 | +0.071% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.87 | +0.069% | $299K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0169% | 1h | 620.69 | +0.040% | $77K | $151K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 621.34 | +0.145% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0272% | 8h | 620.98 | +0.087% | $6.8M | $28.1M | 25x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.11 | +0.108% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0323% | 1h | 620.41 | −0.005% | $268K | $203K | 10x | as long as short |
| Aster AMDUSDT | +0.0399% | 8h | 621.14 | +0.112% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0509% | 8h | 621.05 | +0.098% | $10.3M | $17.2M | 20x | as long as short |
| Variational Omni AMD | +0.0720% | 8h | 621.77 | +0.214% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0765% | 8h | 620.92 | +0.077% | $75.4M | $190.6M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 621.02 | +0.093% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0779% | 8h | 622.73 | +0.369% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.0882% | 8h | 621.07 | +0.102% | $18K | $132K | 10x | as long as short |
Ondo Perps AMD-USD.P
Lighter AMD
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Nado AMD-PERP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
GRVT AMD_USDT_Perp