Funding you earn now, next payment 08:00 UTC−0.0410%/8h= −44.9% APRnext payment −$4.10 per $10,000 · paid last 24h −0.092%
Price spread now: OKX against BloFin+0.039%103s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.039%, 7d avg −0.061%
=The price spread pays, funding is against you. OKX is 0.099% dearer against BloFin than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.061%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.176% in total) that is about 3.9 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.10 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 | BloFin AMD-USDT | 622.62 | 0.0649 | pay 0.0649% / 8h | 4h 13m | $7K | $550K | 20x |
| Short | OKX AMD-USDT-SWAP | 622.86 | 0.0238 | get 0.0238% / 8h | 4h 13m | $6.9M | $28.2M | 25x |
BloFin AMD-USDT
OKX AMD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$86.18
- Price spread: +0.039% → −0.061%
- $9.94
- Slippage, 4 orders
- −$7.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.67
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 min ago; OKX: live order book, 5 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 BloFin live order book, 23 min ago | 0.08 bp | 8.2 bp −$8 | 10.1 bp −$101 | 11.0 bp −$1,097 | 13.5 bp −$6,750 |
| Sell OKX live order book, 5 min ago | 0.24 bp | 7.7 bp −$8 | 10.6 bp −$106 | 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 | −0.0051% | 4h | 622.60 | −0.003% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 623.08 | +0.074% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.99 | +0.059% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.99 | +0.059% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 622.37 | −0.040% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.99 | +0.059% | $122K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.17 | +0.088% | $1.8M | $458K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.58 | −0.006% | $555K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.55 | −0.011% | $840K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.751% | $5K | $55K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 622.90 | +0.045% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.62 | 0.000% | $23.7M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.56 | −0.010% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.87 | +0.040% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.30 | −0.051% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0063% | 1h | 624.23 | +0.259% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0077% | 1h | 622.37 | −0.040% | $269K | $227K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.78 | +0.026% | $2.1M | $11.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.48 | −0.022% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.79 | +0.027% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.80 | +0.029% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | −0.051% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.27 | −0.056% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAPshort | +0.0238% | 8h | 622.86 | +0.039% | $6.9M | $28.2M | 25x | |
| Aevo AMD-PERP | +0.0240% | 1h | 623.17 | +0.089% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0265% | 8h | 622.50 | −0.019% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0339% | 8h | 622.69 | +0.011% | $17K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0557% | 8h | 622.79 | +0.027% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0616% | 1h | 622.72 | +0.015% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0617% | 8h | 622.95 | +0.053% | $73.0M | $195.2M | 25x | as long as short |
| BloFin AMD-USDTlong | +0.0649% | 8h | 622.62 | long leg | $7K | $550K | 20x |
Arcus AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Nado AMD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
Aevo AMD-PERP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT