AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.059%

Price spread now: Extended against Deribit+0.038%7-day average +0.017% · you sell dearer than you buy

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−$300.303% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now +0.038%, 7d avg +0.017%

Together, before fees+0.198%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.021% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.017%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.047% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 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	Deribit AMD_USDC-PERPETUAL	614.04	0	get 0.0000% / 1h	51m 22s	$67K	$145K	10x
Short	Extended AMD_24_5-USD	614.27	0.0304	get 0.0038% / 1h	51m 22s	$462K	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee ExtendedbpOrdersPrice spread, now +0.038%Rate

Funding earned: $63.84
Price spread: +0.038% → +0.017%: $2.1
Slippage, 4 orders: −$18.28
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $35.66
Costs to cover: 0.303%
Break-even: 3.1 days

Slippage from Deribit: live order book, 60 min ago; Extended: 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, 60 min ago	4.68 bp	8.2 bp −$8	12.7 bp −$127	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.65 bp	6.8 bp −$7	35.1 bp −$351	doesn't fit	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	−0.0246%	4h	613.43	−0.100%	$74K	$1.6M	10x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	548.57	−10.662%	$2K	$58K	12x	as long as short
Aster AMDUSDT	0.0000%	8h	614.32	+0.046%	$70K	$414K	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	614.83	+0.129%	$10.4M	$16.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	614.68	+0.104%	$1K	$6.7M	10x	as long as short
Deribit AMD_USDC-PERPETUALlong	0.0000%	1h	614.04	long leg	$67K	$145K	10x
HTX AMD-USDT	0.0000%	8h	613.41	−0.103%	$90K	$688K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.42	−0.101%	$1.7M	$465K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.44	−0.098%	$784K	$4.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.91	+0.142%	—	$923K	25x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	614.04	0.000%	$21.4M	$95.6M	10x	as long as short
Gate AMD_USDT	+0.0050%	8h	614.77	+0.119%	$4.7M	$14.8M	50x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	614.37	+0.054%	$395K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	613.59	−0.073%	$1.4M	$5.3M	10x	as long as short
QFEX AMD-USD	+0.0077%	1h	613.75	−0.047%	$2.0M	$11.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	613.59	−0.073%	$1.9M	$445K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	613.30	−0.121%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	614.05	+0.002%	$367	$2K	10x	as long as short
SoDEX AMD-USD	+0.0125%	1h	614.02	−0.003%	$25K	$19K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0125%	8h	614.38	+0.055%	$6.9M	$30.0M	25x	as long as short
Phoenix AMD	+0.0130%	1h	613.45	−0.096%	$2K	$74K	10x	as long as short
Lighter AMD	+0.0144%	1h	613.70	−0.055%	$512K	$2.3M	10x	as long as short
Nado AMD-PERP	+0.0151%	1h	614.12	+0.013%	$252K	$243K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	614.65	+0.099%	$11K	—	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0184%	1h	614.08	+0.007%	$300K	$1.7M	10x	as long as short
Variational Omni AMD	+0.0213%	8h	613.41	−0.102%	$2.0M	$3.9M	—	as long as short
BloFin AMD-USDT	+0.0285%	8h	613.45	−0.096%	$7K	$565K	20x	as long as short
Extended AMD_24_5-USDshort	+0.0304%	1h	614.27	+0.038%	$462K	$3.4M	10x
Binance AMDUSDT	+0.0307%	8h	614.34	+0.049%	$73.0M	$195.0M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0428%	8h	613.36	−0.111%	$20K	$204K	10x	as long as short
Arcus AMD-USD	+0.0592%	1h	613.80	−0.039%	$122K	$218K	10x	as long as short