Funding you earn now, next payment 04:00 UTC−0.0380%/8h= −41.7% APRpaid last 24h −0.080%
Price spread now: Phoenix against Binance+0.139%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phoenix is 0.139% dearer against Binance than usual: you sell high and buy low (spread +0.139% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. 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 | 618.53 | 0.0522 | pay 0.0522% / 8h | 3h 27m | $72.6M | $196.2M | 25x |
| Short | Phoenix AMD | 619.39 | 0.0141 | get 0.0018% / 1h | 27m 10s | $2K | $90K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$79.9
- Price spread: +0.139% → 0.000%
- $13.9
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$83
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Phoenix: 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 Binance live order book, 1 min ago | 0.24 bp | 7.2 bp −$7 | 13.7 bp −$137 | 46.2 bp −$4,619 | 85.3 bp −$42.7K |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.
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 | −0.0702% | 4h | 619.41 | +0.143% | $78K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 618.70 | +0.027% | $4.5M | $13.7M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 618.92 | +0.063% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 618.57 | +0.006% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 618.23 | −0.049% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 618.41 | −0.019% | $117K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 618.62 | +0.015% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 618.30 | −0.037% | $834K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.084% | $2K | $57K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 619.36 | +0.134% | $144K | $265K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AMD | +0.0048% | 1h | 618.34 | −0.031% | $534K | $2.5M | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 618.76 | +0.037% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 618.57 | +0.006% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 618.50 | −0.005% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 617.94 | −0.095% | $1.3M | $4.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 620.07 | +0.249% | — | $923K | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 619.13 | +0.097% | $314K | $1.8M | 10x | as long as short |
| Nado AMD-PERP | +0.0094% | 1h | 618.58 | +0.008% | $264K | $235K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 618.54 | +0.002% | $1.9M | $293K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 619.34 | +0.131% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 618.47 | −0.010% | $370 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0126% | 1h | 618.39 | −0.023% | $23.5M | $94.4M | 10x | as long as short |
| Phoenix AMDshort | +0.0141% | 1h | 619.39 | +0.139% | $2K | $90K | 10x | |
| Aster AMDUSDT | +0.0170% | 8h | 618.39 | −0.022% | $69K | $414K | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0208% | 8h | 618.52 | −0.002% | $6.8M | $28.2M | 25x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 618.65 | +0.020% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0244% | 8h | 619.42 | +0.143% | $18K | $158K | 10x | as long as short |
| Variational Omni AMD | +0.0452% | 8h | 619.69 | +0.187% | $2.5M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0520% | 1h | 618.38 | −0.025% | $461K | $1.9M | 10x | as long as short |
| Binance AMDUSDTlong | +0.0522% | 8h | 618.53 | long leg | $72.6M | $196.2M | 25x | |
| BloFin AMD-USDT | +0.0523% | 8h | 618.67 | +0.023% | $6K | $548K | 20x | as long as short |
Binance AMDUSDT
Phoenix AMD
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Lighter AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
tradeXYZ xyz:AMD
Aster AMDUSDT
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT