Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps+0.258%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 3 days (all we have)−0.237%−$24 · spread now +0.258%, 7d avg +0.109%
=Together, before fees−0.384%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.149% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.258% now, against its 7-day average of +0.109%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AMD-USD.P | 620.23 | 0.0050 | pay 0.0006% / 1h | 17m 45s | $1.5M | $4.2M | 10x |
| Short | Phemex AMDUSDT | 621.83 | 0 | get 0.0000% / 8h | 6h 17m | $1.8M | $460K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Ondo Perps. 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
- −$10.58
- Price spread: +0.258% → +0.109%
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$12.65
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 5 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 12.56 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Ondo Perps: 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 30 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 | −0.0959% | 4h | 621.23 | +0.162% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.87 | +0.264% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.78 | +0.250% | $122K | $597K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 621.83 | +0.258% | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 621.34 | +0.179% | $847K | $4.4M | 10x | as long as short |
| Gate AMD_USDT | +0.0032% | 8h | 621.66 | +0.231% | $4.5M | $13.3M | 50x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.372% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.21 | +0.158% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.00 | +0.124% | $396K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.Plong | +0.0050% | 1h | 620.23 | long leg | $1.5M | $4.2M | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0060% | 1h | 622.28 | +0.331% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.42 | +0.192% | $2.2M | $12.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.95 | +0.116% | $1.9M | $288K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.19 | +0.155% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.76 | +0.247% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.27 | +0.006% | $311K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0175% | 1h | 621.08 | +0.137% | $25.1M | $93.6M | 10x | as long as short |
| Lighter AMD | +0.0176% | 1h | 621.47 | +0.200% | $550K | $2.4M | 10x | as long as short |
| SoDEX AMD-USD | +0.0235% | 1h | 621.39 | +0.187% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.80 | +0.092% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 621.83 | +0.258% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0288% | 8h | 621.31 | +0.174% | $6.9M | $28.1M | 25x | as long as short |
| Bitget AMDUSDT | +0.0343% | 8h | 621.76 | +0.247% | $10.3M | $17.3M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0394% | 1h | 621.25 | +0.164% | $77K | $151K | 10x | as long as short |
| Nado AMD-PERP | +0.0415% | 1h | 620.56 | +0.054% | $268K | $206K | 10x | as long as short |
| Aster AMDUSDT | +0.0416% | 8h | 621.62 | +0.223% | $72K | $413K | 50x | as long as short |
| Variational Omni AMD | +0.0733% | 8h | 621.00 | +0.123% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.47 | +0.201% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0787% | 8h | 621.64 | +0.228% | $75.5M | $190.4M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0884% | 8h | 621.78 | +0.251% | $18K | $133K | 10x | as long as short |
Phemex AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Gate AMD_USDT
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
Lighter AMD
SoDEX AMD-USD
Phoenix AMD
OKX AMD-USDT-SWAP
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL
Aster AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
GRVT AMD_USDT_Perp