Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.153%
Price spread now: Phemex against Arcus+0.090%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.090%, 7d avg +0.046%
=The price spread pays, funding is against you. Phemex is 0.044% dearer against Arcus than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.046%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 4 days (−0.219% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 613.10 | 0.0040 | pay 0.0005% / 1h | 0m 38s | $132K | $281K | 10x |
| Short | Phemex AMDUSDT | 613.65 | 0 | get 0.0000% / 8h | 1h 00m | $1.7M | $465K | 10x |
Arcus AMD-USD
Phemex AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.090% → +0.046%
- $4.41
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$20.55
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 43 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 Arcus live order book, 43 min ago | 3.27 bp | 9.5 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 9.63 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0358% | 8h | 613.59 | +0.080% | $10.3M | $17.4M | 20x | as long as short |
| edgeX AMDUSDC | −0.0027% | 4h | 612.92 | −0.029% | $72K | $1.7M | 10x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 613.60 | +0.082% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.66 | +0.091% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.46 | +0.059% | $1K | $8.1M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.82 | −0.046% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.40 | +0.049% | $101K | $639K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 613.65 | +0.090% | $1.7M | $465K | 10x | |
| Lighter AMD | +0.0032% | 1h | 613.26 | +0.026% | $521K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 613.08 | −0.003% | $807K | $4.7M | 10x | as long as short |
Bitget AMDUSDT
edgeX AMDUSDC
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Lighter AMD
Lighter RH AMDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USDlong | +0.0040% | 1h | 613.10 | long leg | $132K | $281K | 10x | |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.09 | +0.161% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.62 | −0.078% | $22.2M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.92 | −0.029% | $395K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.65 | −0.073% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0067% | 1h | 613.44 | +0.055% | $2.1M | $11.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 551.12 | −10.109% | $2K | $59K | 12x | as long as short |
| OKX AMD-USDT-SWAP | +0.0082% | 8h | 613.48 | +0.062% | $6.6M | $29.5M | 25x | as long as short |
| SoDEX AMD-USD | +0.0085% | 1h | 613.25 | +0.024% | $25K | $24K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.97 | −0.021% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.69 | −0.067% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.22 | +0.020% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0115% | 1h | 612.93 | −0.027% | $255K | $241K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 612.56 | −0.088% | $312K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0143% | 1h | 612.70 | −0.065% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0152% | 1h | 613.57 | +0.077% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0179% | 8h | 612.98 | −0.019% | $20K | $178K | 10x | as long as short |
| Variational Omni AMD | +0.0207% | 8h | 613.29 | +0.031% | $2.0M | $3.8M | — | as long as short |
| BloFin AMD-USDT | +0.0267% | 8h | 613.51 | +0.067% | $6K | $554K | 20x | as long as short |
| Binance AMDUSDT | +0.0294% | 8h | 613.53 | +0.070% | $72.1M | $204.8M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0296% | 1h | 613.42 | +0.052% | $457K | $3.1M | 10x | as long as short |
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
QFEX AMD-USD
Injective AMD/USDC PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
Phoenix AMD
Aevo AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD