Funding you earn now, next payment 01:00 UTC−0.0251%/8h= −27.5% APRpaid last 24h −0.022%
Price spread now: Phemex against tradeXYZ−0.006%7-day average +0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now −0.006%, 7d avg +0.073%
=Together, before fees−0.165%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Phemex is 0.079% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.073%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:AMD | 623.29 | 0.0251 | pay 0.0031% / 1h | 0m 17s | $25.2M | $93.2M | 10x |
| Short | Phemex AMDUSDT | 623.25 | 0 | get 0.0000% / 8h | 7h 00m | $1.8M | $460K | 10x |
tradeXYZ xyz:AMD
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$52.72
- Price spread: −0.006% → +0.073%
- −$7.9
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$90.62
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; Phemex: 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 tradeXYZ live order book, 9 min ago | 1.20 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 10.02 bp | doesn't fit | doesn't fit | 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 | −0.0174% | 4h | 623.59 | +0.048% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 624.14 | +0.136% | $1K | $8.5M | 10x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 623.25 | −0.006% | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 623.48 | +0.030% | $852K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.856% | $5K | $55K | 12x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.81 | −0.077% | $1.5M | $4.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0055% | 1h | 623.33 | +0.006% | $78K | $151K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 625.07 | +0.286% | — | $925K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.89 | +0.096% | $2.2M | $12.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 623.63 | +0.055% | $1.9M | $296K | 20x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Ondo Perps AMD-USD.P
Deribit AMD_USDC-PERPETUAL
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.86 | +0.091% | $373 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.02 | −0.043% | $300K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0160% | 1h | 623.53 | +0.039% | $549K | $2.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0209% | 1h | 623.48 | +0.030% | $397K | $1.5M | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 623.48 | +0.030% | $2K | $92K | 10x | as long as short |
| Gate AMD_USDT | +0.0227% | 8h | 623.93 | +0.103% | $4.5M | $13.6M | 50x | as long as short |
| tradeXYZ xyz:AMDlong | +0.0251% | 1h | 623.29 | long leg | $25.2M | $93.2M | 10x | |
| Aevo AMD-PERP | +0.0280% | 1h | 624.12 | +0.134% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0288% | 8h | 623.77 | +0.077% | $6.9M | $28.3M | 25x | as long as short |
| SoDEX AMD-USD | +0.0318% | 1h | 623.69 | +0.064% | $26K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0403% | 1h | 623.43 | +0.022% | $80K | $258K | 50x | as long as short |
| Nado AMD-PERP | +0.0411% | 1h | 623.24 | −0.008% | $318K | $175K | 10x | as long as short |
| Aster AMDUSDT | +0.0432% | 8h | 623.01 | −0.045% | $72K | $416K | 50x | as long as short |
| HTX AMD-USDT | +0.0543% | 8h | 623.74 | +0.072% | $132K | $580K | 20x | as long as short |
| Bitget AMDUSDT | +0.0709% | 8h | 623.84 | +0.088% | $10.4M | $17.4M | 20x | as long as short |
| Variational Omni AMD | +0.0750% | 8h | 623.66 | +0.060% | $2.6M | $3.2M | — | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 623.74 | +0.072% | $145K | $264K | 10x | as long as short |
| BloFin AMD-USDT | +0.0797% | 8h | 623.59 | +0.048% | $6K | $551K | 20x | as long as short |
| Binance AMDUSDT | +0.0799% | 8h | 623.82 | +0.085% | $75.9M | $190.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0800% | 1h | 623.68 | +0.063% | $463K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1541% | 8h | 624.14 | +0.136% | $18K | $131K | 10x | as long as short |
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Lighter AMD
Polymarket Perps AMD-USD
Phoenix AMD
Gate AMD_USDT
Aevo AMD-PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
ApeX Omni AMDUSDT
Nado AMD-PERP
Aster AMDUSDT
HTX AMD-USDT
Bitget AMDUSDT
Variational Omni AMD
Arcus AMD-USD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
GRVT AMD_USDT_Perp