Settings8H · net · $10k
Funding arb · Price arb /

AMAT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMAT469.940.0204pay 0.0026% / 1h48m 20s$19K$110K10x
ShortVest AMAT-USD-PERP469.310.0046get 0.0006% / 1h48m 20s10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 7 min ago3.83 bp12.2 bp −$1225.8 bp −$258doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMATUSDT0.0000%8h469.31−0.134%$10K$11K20xas long as short
Bybit AMATUSDT0.0000%8h469.35−0.126%$899K$653K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h469.88−0.013%$1.4M$1.6M20xas long as short
Bitget AMATUSDT0.0000%8h469.52−0.089%$2.1M$1.7M20xas long as short
GRVT AMAT_USDT_Perp0.0000%8h469.79−0.031%$630$101K10xas long as short
Vest AMAT-USD-PERPshort+0.0046%1h469.31−0.134%10x
tradeXYZ xyz:AMAT+0.0050%1h469.05−0.189%$2.6M$2.3M10xas long as short
KuCoin AMATUSDTM+0.0100%8h469.30−0.136%$412K$474K20xas long as short
SunX AMAT-USDT+0.0100%8h470.09+0.032%$696$366K10xas long as short
HTX AMAT-USDT+0.0100%8h470.24+0.064%$171K$40K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AMAT+0.0158%8h469.66−0.059%$65K$44Kas long as short
Phoenix AMATlong+0.0204%1h469.94long leg$19K$110K10x
Binance AMATUSDT+0.0224%8h469.34−0.127%$8.9M$12.6M20xas long as short
Extended AMAT-USD+0.0224%1h469.22−0.154%$5K$27K10xas long as short
Gate AMAT_USDT+0.0256%8h469.50−0.094%$1.7M$6.4M50xas long as short