Funding you earn now, next payment 02:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.071%
Price spread now: Vest against Phoenix−0.134%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.134% cheaper against Phoenix than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Phoenix AMAT | 469.94 | 0.0204 | pay 0.0026% / 1h | 48m 20s | $19K | $110K | 10x |
| Short | Vest AMAT-USD-PERP | 469.31 | 0.0046 | get 0.0006% / 1h | 48m 20s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$33.33
- Price spread: −0.134% → 0.000%
- −$13.41
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$55.74
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 7 min ago; Vest: 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 Phoenix live order book, 7 min ago | 3.83 bp | 12.2 bp −$12 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.
AMAT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 469.31 | −0.134% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 469.35 | −0.126% | $899K | $653K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 469.88 | −0.013% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 469.52 | −0.089% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 469.79 | −0.031% | $630 | $101K | 10x | as long as short |
| Vest AMAT-USD-PERPshort | +0.0046% | 1h | 469.31 | −0.134% | — | — | 10x | |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.05 | −0.189% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 469.30 | −0.136% | $412K | $474K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 470.09 | +0.032% | $696 | $366K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 470.24 | +0.064% | $171K | $40K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0158% | 8h | 469.66 | −0.059% | $65K | $44K | — | as long as short |
| Phoenix AMATlong | +0.0204% | 1h | 469.94 | long leg | $19K | $110K | 10x | |
| Binance AMATUSDT | +0.0224% | 8h | 469.34 | −0.127% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0224% | 1h | 469.22 | −0.154% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDT | +0.0256% | 8h | 469.50 | −0.094% | $1.7M | $6.4M | 50x | as long as short |
Phoenix AMAT
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Variational Omni AMAT
Binance AMATUSDT
Extended AMAT-USD
Gate AMAT_USDT