Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.047%
Price spread now: Deribit against tradeXYZ−0.032%51s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
Funding, last 5 days (all we have)+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.032%, 7d avg +0.033%
=Together, before fees−0.071%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.065% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.057%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMD | 623.09 | 0.0050 | pay 0.0006% / 1h | 7m 25s | $23.7M | $94.4M | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 622.89 | 0 | get 0.0000% / 1h | 7m 25s | $78K | $151K | 10x |
tradeXYZ xyz:AMD
Deribit AMD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$10.5
- Price spread: −0.032% → +0.033%
- −$6.48
- Slippage, 4 orders
- −$13.48
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$55.45
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Deribit: live order book, 51 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, 11 min ago | 0.56 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 51 min ago | 4.18 bp | 9.8 bp −$10 | 12.7 bp −$127 | 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 | −0.0158% | 4h | 623.07 | −0.004% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 623.56 | +0.075% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.40 | +0.050% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.48 | +0.063% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | 0.0000% | 1h | 622.89 | −0.032% | $78K | $151K | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 623.28 | +0.030% | $122K | $616K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.96 | −0.021% | $1.8M | $458K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 623.18 | +0.014% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 623.11 | +0.003% | $841K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.825% | $5K | $55K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
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 | 623.29 | +0.032% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMDlong | +0.0050% | 1h | 623.09 | long leg | $23.7M | $94.4M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.96 | −0.021% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 623.29 | +0.032% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.50 | −0.095% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0064% | 1h | 624.71 | +0.260% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.34 | +0.040% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0085% | 1h | 622.92 | −0.028% | $269K | $228K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.98 | −0.018% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 623.15 | +0.010% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.25 | +0.026% | $373 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | −0.127% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 623.13 | +0.006% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0232% | 1h | 623.58 | +0.078% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0237% | 8h | 623.32 | +0.037% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0255% | 8h | 622.99 | −0.016% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0330% | 8h | 623.16 | +0.011% | $18K | $149K | 10x | as long as short |
| Variational Omni AMD | +0.0542% | 8h | 623.11 | +0.003% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0598% | 8h | 623.44 | +0.056% | $7K | $551K | 20x | as long as short |
| Binance AMDUSDT | +0.0606% | 8h | 623.44 | +0.056% | $73.1M | $195.7M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0608% | 1h | 623.27 | +0.030% | $464K | $1.9M | 10x | as long as short |
Arcus AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD