Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h −0.045%
Price spread now: Coinbase International against Deribit−0.031%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 5 days (all we have)−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.031%, 7d avg −0.087%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.057% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.087%. Mind the row above: over the last 5 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMD_USDC-PERPETUAL | 622.49 | 0 | get 0.0000% / 1h | 18m 43s | $78K | $151K | 10x |
| Short | Coinbase International AMD-PERP-INTX | 622.30 | 0.0120 | get 0.0015% / 1h | 18m 43s | $316K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $25.2
- Price spread: −0.031% → −0.087%
- $5.66
- Slippage, 4 orders
- −$16.72
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.86
- Costs to cover
- 0.337%
- Break-even
- 7.8 days
Slippage from Deribit: live order book, 40 min ago; Coinbase International: 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 Deribit live order book, 40 min ago | 4.18 bp | 7.7 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.13 bp | 8.1 bp −$8 | 12.3 bp −$123 | 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 | −0.0703% | 4h | 622.30 | −0.030% | $79K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 623.04 | +0.088% | $4.5M | $13.5M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.02 | +0.085% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.96 | +0.076% | $1K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | 0.0000% | 1h | 622.49 | long leg | $78K | $151K | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 622.86 | +0.059% | $121K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.12 | +0.101% | $1.8M | $458K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 622.45 | −0.006% | $554K | $2.5M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.42 | −0.011% | $841K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.730% | $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 | 622.60 | +0.018% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.38 | −0.018% | $23.7M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.58 | +0.014% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.81 | +0.051% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.80 | −0.111% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 624.26 | +0.284% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0075% | 1h | 622.67 | +0.028% | $269K | $226K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.61 | +0.019% | $2.1M | $11.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.56 | +0.011% | $1.9M | $289K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.45 | −0.006% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.82 | +0.053% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0120% | 1h | 622.30 | −0.031% | $316K | $1.9M | 10x | |
| Phoenix AMD | +0.0206% | 1h | 622.24 | −0.040% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.99 | +0.080% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0243% | 8h | 622.82 | +0.053% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0275% | 8h | 622.46 | −0.004% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0370% | 8h | 622.42 | −0.011% | $18K | $146K | 10x | as long as short |
| Variational Omni AMD | +0.0570% | 8h | 622.48 | −0.001% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0628% | 8h | 622.68 | +0.030% | $72.9M | $195.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0632% | 1h | 622.54 | +0.009% | $463K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0635% | 8h | 622.93 | +0.071% | $7K | $551K | 20x | as long as short |
Deribit AMD_USDC-PERPETUAL
Coinbase International AMD-PERP-INTX
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
Injective AMD/USDC PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT