Funding you earn now, next payment 00:00 UTC+0.0869%/8h= +95.1% APRnext payment +$1.09 per $10,000 · paid last 24h +0.102%
Price spread now: Arcus against Polymarket Perps+0.032%7-day average +0.008% · 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−$23as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 3 days (all we have)+0.120%+$12 on $10k
+Price spread, last 3 days (all we have)−0.167%−$17 · spread now +0.032%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Arcus is 0.024% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.120% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.09 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 | Polymarket Perps AMD-USD | 619.91 | 0.0050 | pay 0.0006% / 1h | 22m 07s | $395K | $1.6M | 10x |
| Short | Arcus AMD-USD | 620.11 | 0.0919 | get 0.0115% / 1h | 22m 07s | $145K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket 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
- $182.39
- Price spread: +0.032% → +0.008%
- $2.38
- Slippage, 4 orders
- −$12.92
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $159.36
- Costs to cover
- 0.254%
- Break-even
- 0.9 days
Slippage from Polymarket Perps: live order book, 1 min ago; Arcus: live order book, 56 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 Polymarket Perps live order book, 1 min ago | 2.02 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.6 bp −$863 | doesn't fit |
| Sell Arcus live order book, 56 min ago | 3.47 bp | 7.1 bp −$7 | 7.6 bp −$76 | 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 | −0.0814% | 4h | 620.20 | +0.046% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.52 | +0.098% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.38 | +0.076% | $2K | $8.9M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.24 | +0.053% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.51 | +0.097% | $1.8M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.95 | +0.006% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.321% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.20 | +0.208% | — | $950K | 25x | as long as short |
| Polymarket Perps AMD-USDlong | +0.0050% | 1h | 619.91 | long leg | $395K | $1.6M | 10x | |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.38 | −0.085% | $1.5M | $4.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.20 | +0.047% | $2.3M | $13.5M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.67 | −0.039% | $311K | $1.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0081% | 1h | 620.28 | +0.060% | $25K | $24K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.96 | +0.008% | $1.9M | $314K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.22 | +0.050% | $80K | $259K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.23 | +0.052% | $378 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0119% | 1h | 619.89 | −0.003% | $24.8M | $94.5M | 10x | as long as short |
| Lighter AMD | +0.0144% | 1h | 620.02 | +0.018% | $525K | $2.5M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0150% | 8h | 620.32 | +0.066% | $6.8M | $28.6M | 25x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.08 | +0.027% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0207% | 8h | 620.36 | +0.072% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.58 | +0.108% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0460% | 1h | 619.64 | −0.043% | $317K | $167K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0481% | 8h | 620.15 | +0.039% | $17K | $133K | 10x | as long as short |
| Variational Omni AMD | +0.0496% | 8h | 620.15 | +0.039% | $2.7M | $3.2M | — | as long as short |
| Bitget AMDUSDT | +0.0539% | 8h | 620.25 | +0.055% | $10.1M | $18.0M | 20x | as long as short |
| Binance AMDUSDT | +0.0543% | 8h | 620.46 | +0.089% | $75.5M | $192.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.32 | +0.066% | $464K | $1.5M | 10x | as long as short |
| BloFin AMD-USDT | +0.0551% | 8h | 620.48 | +0.092% | $6K | $545K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0605% | 1h | 620.13 | +0.035% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USDshort | +0.0919% | 1h | 620.11 | +0.032% | $145K | $265K | 10x |
Polymarket Perps AMD-USD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Coinbase International AMD-PERP-INTX
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
tradeXYZ xyz:AMD
Lighter AMD
OKX AMD-USDT-SWAP
Phoenix AMD
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Deribit AMD_USDC-PERPETUAL