Funding you earn now, next payment 01:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.112%
Price spread now: Binance against Injective+1.767%97s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Binance is 1.767% dearer against Injective than usual: you sell high and buy low: +$177 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 97 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 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment. 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 | Injective AMD/USDC PERP | 611.72 | 0.0033 | pay 0.0004% / 1h | 35m 41s | $5K | $55K | 12x |
| Short | Binance AMDUSDT | 622.53 | 0.0658 | get 0.0658% / 8h | 7h 35m | $75.9M | $191.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $131.21
- Price spread: +1.767% → 0.000%
- $176.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $297.9
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.08 bp | 8.3 bp −$8 | 14.6 bp −$146 | 47.8 bp −$4,780 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0150% | 4h | 622.79 | +1.810% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.81 | +1.813% | $2K | $8.7M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.94 | +1.671% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.08 | +1.694% | $854K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERPlong | +0.0033% | 1h | 611.72 | long leg | $5K | $55K | 12x | |
| Vest AMD-USD-PERP | +0.0050% | 1h | 623.54 | +1.932% | — | $926K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.40 | +1.582% | $1.5M | $4.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.72 | +1.798% | $2.3M | $13.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.20 | +1.713% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.59 | +1.777% | $372 | $6K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.04 | +1.851% | $312K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0168% | 1h | 622.20 | +1.713% | $539K | $2.3M | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 622.87 | +1.823% | $2K | $92K | 10x | as long as short |
| Gate AMD_USDT | +0.0237% | 8h | 622.71 | +1.797% | $4.5M | $13.4M | 50x | as long as short |
| OKX AMD-USDT-SWAP | +0.0237% | 8h | 622.01 | +1.682% | $6.9M | $28.3M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.81 | +1.814% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0307% | 8h | 621.53 | +1.604% | $72K | $416K | 50x | as long as short |
| SoDEX AMD-USD | +0.0323% | 1h | 622.39 | +1.744% | $26K | $24K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0373% | 1h | 621.95 | +1.672% | $25.1M | $93.2M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0382% | 1h | 622.25 | +1.721% | $397K | $1.5M | 10x | as long as short |
| Nado AMD-PERP | +0.0429% | 1h | 621.85 | +1.656% | $319K | $171K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0474% | 1h | 622.09 | +1.695% | $77K | $151K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0491% | 1h | 621.44 | +1.589% | $80K | $258K | 50x | as long as short |
| HTX AMD-USDT | +0.0606% | 8h | 622.37 | +1.741% | $132K | $579K | 20x | as long as short |
| Variational Omni AMD | +0.0614% | 8h | 622.46 | +1.755% | $2.6M | $3.2M | — | as long as short |
| Extended AMD_24_5-USD | +0.0656% | 1h | 622.53 | +1.767% | $469K | $2.2M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0658% | 8h | 622.53 | +1.767% | $75.9M | $191.4M | 25x | |
| BloFin AMD-USDT | +0.0680% | 8h | 623.30 | +1.893% | $6K | $551K | 20x | as long as short |
| Bitget AMDUSDT | +0.0739% | 8h | 622.55 | +1.770% | $10.3M | $17.6M | 20x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 622.76 | +1.805% | $145K | $265K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1587% | 8h | 622.87 | +1.823% | $18K | $131K | 10x | as long as short |
Injective AMD/USDC PERP
Binance AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
KuCoin AMDUSDTM
Coinbase International AMD-PERP-INTX
Lighter AMD
Phoenix AMD
Gate AMD_USDT
OKX AMD-USDT-SWAP
Aster AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Deribit AMD_USDC-PERPETUAL
ApeX Omni AMDUSDT
HTX AMD-USDT
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT
Bitget AMDUSDT
GRVT AMD_USDT_Perp