Funding you earn now, next payment 02:00 UTC−0.0579%/8h= −63.4% APRnext payment −$0.72 per $10,000 · paid last 24h −0.040%
Price spread now: tradeXYZ against Deribit−0.029%7-day average −0.033% · 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−$40as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 5 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.029%, 7d avg −0.033%
=Together, before fees+0.028%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.038% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.72 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 | Deribit AMD_USDC-PERPETUAL | 619.81 | 0.0687 | pay 0.0086% / 1h | 34m 15s | $77K | $151K | 10x |
| Short | tradeXYZ xyz:AMD | 619.63 | 0.0107 | get 0.0013% / 1h | 34m 15s | $25.0M | $93.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$121.65
- Price spread: −0.029% → −0.033%
- $0.4
- Slippage, 4 orders
- −$15.64
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$161.89
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 34 min ago; tradeXYZ: live order book, 4 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, 34 min ago | 4.33 bp | 7.8 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.05 bp | 10.8 bp −$11 | 12.5 bp −$125 | 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 | −0.0255% | 4h | 621.13 | +0.214% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.22 | +0.066% | $4.5M | $13.2M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.23 | +0.068% | $2K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.67 | +0.139% | $121K | $598K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.55 | +0.119% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.86 | +0.008% | $834K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.305% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 620.74 | +0.150% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.73 | −0.013% | $395K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 620.08 | +0.044% | $25K | $24K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.51 | −0.048% | $1.5M | $4.2M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 620.96 | +0.186% | — | $924K | 25x | as long as short |
| Lighter AMD | +0.0080% | 1h | 619.94 | +0.021% | $539K | $2.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.16 | +0.056% | $2.2M | $12.6M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.93 | +0.019% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.81 | +0.161% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.17 | +0.058% | $371 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0107% | 1h | 619.63 | −0.029% | $25.0M | $93.4M | 10x | |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.87 | +0.171% | $299K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.71 | +0.145% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0271% | 8h | 620.00 | +0.031% | $6.9M | $28.1M | 25x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 620.40 | +0.096% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0342% | 1h | 619.33 | −0.077% | $268K | $203K | 10x | as long as short |
| Aster AMDUSDT | +0.0393% | 8h | 620.30 | +0.080% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0462% | 8h | 620.31 | +0.081% | $10.3M | $17.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0687% | 1h | 619.81 | long leg | $77K | $151K | 10x | |
| Variational Omni AMD | +0.0711% | 8h | 620.48 | +0.109% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0760% | 1h | 620.10 | +0.046% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0761% | 8h | 620.26 | +0.073% | $75.3M | $190.6M | 25x | as long as short |
| BloFin AMD-USDT | +0.0779% | 8h | 622.73 | +0.471% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.0882% | 8h | 621.07 | +0.204% | $18K | $132K | 10x | as long as short |
Deribit AMD_USDC-PERPETUAL
tradeXYZ xyz:AMD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
GRVT AMD_USDT_Perp