Funding you earn now, next payment 04:00 UTC−0.0310%/8h= −34.0% APRpaid last 24h −0.062%
Price spread now: Phoenix against Variational Omni−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phoenix is 0.048% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 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 | Variational Omni AMD | 619.69 | 0.0452 | pay 0.0452% / 8h | 3h 27m | $2.5M | $3.3M | — |
| Short | Phoenix AMD | 619.39 | 0.0141 | get 0.0018% / 1h | 27m 02s | $2K | $90K | 10x |
Variational Omni AMD
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- −$65.14
- Price spread: −0.048% → 0.000%
- −$4.79
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$76.93
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Phoenix: no order-book sample. 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 Variational Omni RFQ quote, 2 min ago | 3.67 bp | doesn't fit | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | −0.0702% | 4h | 619.41 | −0.044% | $78K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 618.59 | −0.177% | $4.5M | $13.7M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 618.67 | −0.164% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 618.57 | −0.180% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 618.23 | −0.235% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 618.41 | −0.206% | $117K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 618.62 | −0.172% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 618.30 | −0.224% | $834K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | −0.103% | $2K | $57K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 619.36 | −0.053% | $144K | $265K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AMD | +0.0048% | 1h | 618.34 | −0.217% | $534K | $2.5M | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 618.76 | −0.150% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 618.57 | −0.180% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 618.50 | −0.191% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 617.94 | −0.282% | $1.3M | $4.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 620.07 | +0.062% | — | $923K | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 619.13 | −0.090% | $314K | $1.8M | 10x | as long as short |
| Nado AMD-PERP | +0.0094% | 1h | 618.58 | −0.179% | $264K | $235K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 618.54 | −0.185% | $1.9M | $293K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 619.34 | −0.056% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 618.47 | −0.196% | $370 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0123% | 1h | 618.09 | −0.258% | $23.4M | $94.4M | 10x | as long as short |
| Phoenix AMDshort | +0.0141% | 1h | 619.39 | −0.048% | $2K | $90K | 10x | |
| Aster AMDUSDT | +0.0170% | 8h | 618.35 | −0.216% | $69K | $414K | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0208% | 8h | 618.22 | −0.237% | $6.8M | $28.2M | 25x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 618.65 | −0.167% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0244% | 8h | 619.42 | −0.044% | $18K | $158K | 10x | as long as short |
| Variational Omni AMDlong | +0.0452% | 8h | 619.69 | long leg | $2.5M | $3.3M | — | |
| Extended AMD_24_5-USD | +0.0520% | 1h | 618.38 | −0.211% | $461K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0522% | 8h | 618.37 | −0.212% | $72.5M | $196.2M | 25x | as long as short |
| BloFin AMD-USDT | +0.0523% | 8h | 618.67 | −0.164% | $6K | $548K | 20x | as long as short |
Lighter AMD
QFEX AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Coinbase International AMD-PERP-INTX
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
tradeXYZ xyz:AMD
Aster AMDUSDT
OKX AMD-USDT-SWAP
Aevo AMD-PERP
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT