Funding you earn now, next payment 08:00 UTC−0.0574%/8h= −62.9% APRnext payment −$5.74 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against Binance+0.036%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.036%, 7d avg −0.019%
=The price spread pays, funding is against you. Bitget is 0.055% dearer against Binance than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.019%): +$6 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.029% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMDUSDT | 621.95 | 0.0574 | pay 0.0574% / 8h | 3h 52m | $72.9M | $196.0M | 25x |
| Short | Bitget AMDUSDT | 622.17 | 0 | get 0.0000% / 8h | 3h 52m | $10.3M | $17.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$120.58
- Price spread: +0.036% → −0.019%
- $5.52
- Slippage, 4 orders
- −$15.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.4
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 1 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 Binance live order book, 5 min ago | 0.32 bp | 6.6 bp −$7 | 12.3 bp −$123 | 24.3 bp −$2,430 | 51.3 bp −$25.7K |
| Sell Bitget live order book, 1 min ago | 0.32 bp | 10.5 bp −$11 | 19.4 bp −$194 | 36.3 bp −$3,630 | 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 | −0.0779% | 4h | 621.91 | −0.006% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.01 | +0.010% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDTshort | 0.0000% | 8h | 622.17 | +0.036% | $10.3M | $17.1M | 20x | |
| SunX AMD-USDT | 0.0000% | 8h | 621.90 | −0.007% | $1K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.44 | −0.081% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.78 | −0.027% | $118K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.00 | +0.009% | $1.8M | $460K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 621.70 | −0.040% | $554K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.63 | −0.051% | $846K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.644% | $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-USD | +0.0040% | 1h | 622.21 | +0.042% | $145K | $266K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 621.83 | −0.019% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.52 | −0.068% | $398K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.83 | −0.019% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.05 | −0.144% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0066% | 1h | 623.19 | +0.200% | — | $923K | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 621.55 | −0.064% | $316K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.67 | −0.044% | $1.9M | $292K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.86 | −0.014% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.79 | −0.025% | $372 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0116% | 1h | 621.42 | −0.085% | $268K | $231K | 10x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 622.28 | +0.054% | $2K | $90K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0166% | 1h | 621.65 | −0.048% | $23.6M | $94.3M | 10x | as long as short |
| Aster AMDUSDT | +0.0222% | 8h | 621.68 | −0.043% | $72K | $412K | 50x | as long as short |
| Aevo AMD-PERP | +0.0224% | 1h | 622.11 | +0.027% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0228% | 8h | 621.96 | +0.002% | $6.9M | $28.2M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0299% | 8h | 622.39 | +0.071% | $18K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0512% | 8h | 622.03 | +0.013% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDTlong | +0.0574% | 8h | 621.95 | long leg | $72.9M | $196.0M | 25x | |
| Extended AMD_24_5-USD | +0.0576% | 1h | 621.78 | −0.026% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0587% | 8h | 621.94 | −0.001% | $7K | $550K | 20x | as long as short |
Binance AMDUSDT
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Phoenix AMD
tradeXYZ xyz:AMD
Aster AMDUSDT
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT