Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.085%
Price spread now: Deribit against Arcus−0.084%7-day average +0.008% · 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−$44as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.084%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.092% cheaper against Arcus than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 622.42 | 0.0040 | pay 0.0005% / 1h | 20m 35s | $145K | $263K | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 621.90 | 0 | get 0.0000% / 1h | 20m 35s | $77K | $151K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Arcus. 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
- −$8.46
- Price spread: −0.084% → +0.008%
- −$9.2
- Slippage, 4 orders
- −$23.66
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$52.81
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 38 min ago; Deribit: live order book, 38 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 Arcus live order book, 38 min ago | 2.57 bp | 8.1 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 38 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 | −0.0703% | 4h | 622.30 | −0.019% | $79K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.87 | +0.072% | $4.5M | $13.5M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.81 | +0.063% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.60 | +0.029% | $1K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | 0.0000% | 1h | 621.90 | −0.084% | $77K | $151K | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 622.31 | −0.018% | $121K | $614K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.71 | −0.114% | $1.8M | $458K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.64 | +0.035% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.55 | +0.021% | $841K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.719% | $5K | $55K | 12x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USDlong | +0.0040% | 1h | 622.42 | long leg | $145K | $263K | 10x | |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.50 | +0.013% | $23.7M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.24 | −0.029% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.24 | −0.029% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.80 | −0.100% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 624.20 | +0.286% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0078% | 1h | 622.61 | +0.031% | $269K | $226K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.69 | +0.043% | $2.1M | $11.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.61 | +0.031% | $1.9M | $289K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.97 | −0.072% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.35 | −0.011% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 621.88 | −0.087% | $317K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.24 | −0.029% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.64 | +0.036% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0244% | 8h | 622.80 | +0.061% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0278% | 8h | 622.69 | +0.043% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0370% | 8h | 622.42 | 0.000% | $18K | $146K | 10x | as long as short |
| Variational Omni AMD | +0.0570% | 8h | 622.48 | +0.010% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0634% | 8h | 622.91 | +0.078% | $73.0M | $194.7M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0640% | 1h | 622.83 | +0.066% | $463K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0651% | 8h | 622.48 | +0.010% | $7K | $550K | 20x | as long as short |
Deribit AMD_USDC-PERPETUAL
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT