Funding you earn now, next payment 16:00 UTC+0.0320%/8h= +35.1% APRnext payment +$3.20 per $10,000 · paid last 24h +0.044%
Price spread now: Binance against Bitget−0.033%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.033%, 7d avg +0.016%
=Funding pays, the price is against you. Binance is 0.049% cheaper against Bitget than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.016%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.079% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AMDUSDT | 607.61 | 0.0048 | pay 0.0048% / 8h | 4h 10m | $10.2M | $16.0M | 20x |
| Short | Binance AMDUSDT | 607.41 | 0.0368 | get 0.0368% / 8h | 4h 10m | $72.5M | $195.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $67.23
- Price spread: −0.033% → +0.016%
- −$4.92
- Slippage, 4 orders
- −$16.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $23.91
- Costs to cover
- 0.384%
- Break-even
- 4.5 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 11 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 Bitget live order book, 1 min ago | 1.73 bp | 12.2 bp −$12 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.74 bp | 6.5 bp −$6 | 14.1 bp −$141 | 53.1 bp −$5,307 | doesn't fit |
AMD on 31 exchanges
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 | −0.0969% | 4h | 608.68 | +0.177% | $73K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 607.83 | +0.036% | $1K | $6.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 607.95 | +0.056% | $87K | $699K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 607.83 | +0.036% | $1.7M | $466K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 607.01 | −0.099% | $774K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 548.57 | −9.717% | $2K | $58K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 607.53 | −0.013% | — | $923K | 25x | as long as short |
| Bitget AMDUSDTlong | +0.0048% | 8h | 607.61 | long leg | $10.2M | $16.0M | 20x | |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 606.68 | −0.153% | $20.8M | $95.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 607.14 | −0.077% | $393K | $1.5M | 10x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMD-USD | +0.0050% | 1h | 607.61 | 0.000% | $26K | $20K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 606.86 | −0.123% | $1.4M | $5.2M | 10x | as long as short |
| Gate AMD_USDT | +0.0057% | 8h | 607.65 | +0.007% | $4.6M | $14.9M | 50x | as long as short |
| QFEX AMD-USD | +0.0063% | 1h | 607.32 | −0.048% | $2.0M | $11.2M | 10x | as long as short |
| Lighter AMD | +0.0080% | 1h | 607.16 | −0.074% | $507K | $2.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 606.95 | −0.109% | $1.8M | $543K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 608.16 | +0.091% | $79K | $253K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 607.65 | +0.007% | $363 | $2K | 10x | as long as short |
| Aster AMDUSDT | +0.0105% | 8h | 608.41 | +0.131% | $71K | $414K | 50x | as long as short |
| Phoenix AMD | +0.0131% | 1h | 608.17 | +0.092% | $2K | $74K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0138% | 8h | 607.47 | −0.023% | $6.8M | $30.2M | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 606.62 | −0.163% | $287K | $1.7M | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 607.73 | +0.020% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0218% | 1h | 606.94 | −0.110% | $249K | $243K | 10x | as long as short |
| Variational Omni AMD | +0.0303% | 8h | 607.36 | −0.041% | $1.4M | $4.3M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0344% | 8h | 608.58 | +0.159% | $21K | $217K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0360% | 1h | 607.25 | −0.059% | $66K | $147K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0368% | 1h | 607.29 | −0.053% | $457K | $3.7M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0368% | 8h | 607.41 | −0.033% | $72.5M | $195.8M | 25x | |
| Arcus AMD-USD | +0.0387% | 1h | 607.17 | −0.072% | $122K | $213K | 10x | as long as short |
| BloFin AMD-USDT | +0.0388% | 8h | 607.87 | +0.043% | $7K | $563K | 20x | as long as short |
Bitget AMDUSDT
Binance AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Gate AMD_USDT
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Aster AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Coinbase International AMD-PERP-INTX
Variational Omni AMD
GRVT AMD_USDT_Perp
Deribit AMD_USDC-PERPETUAL
Extended AMD_24_5-USD
BloFin AMD-USDT