Funding you earn now, next payment 02:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.123%
Price spread now: Arcus against tradeXYZ+0.195%7-day average +0.012% · 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−$21as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 3 days (all we have)+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.195%, 7d avg +0.012%
=Together, before fees−0.201%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.183% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of +0.012%): +$18 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 3 days funding on this pair paid +0.128%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMD | 621.90 | 0.0050 | pay 0.0006% / 1h | 56m 09s | $25.2M | $93.3M | 10x |
| Short | Arcus AMD-USD | 623.11 | 0.0040 | get 0.0005% / 1h | 56m 09s | $145K | $265K | 10x |
tradeXYZ xyz:AMD
Arcus AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$2.04
- Price spread: +0.195% → +0.012%
- $18.26
- Slippage, 4 orders
- −$16.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$23.09
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Arcus: live order book, 12 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 tradeXYZ live order book, 4 min ago | 0.96 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 12 min ago | 4.49 bp | 10.7 bp −$11 | 12.8 bp −$128 | 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 | −0.0107% | 4h | 623.67 | +0.285% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.31 | +0.066% | $1K | $8.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.83 | −0.011% | $77K | $151K | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.35 | +0.072% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.02 | +0.019% | $845K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.637% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USDshort | +0.0040% | 1h | 623.11 | +0.195% | $145K | $265K | 10x | |
| tradeXYZ xyz:AMDlong | +0.0050% | 1h | 621.90 | long leg | $25.2M | $93.3M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.87 | −0.005% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.21 | +0.050% | $26K | $24K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USDShow 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 | 621.76 | −0.023% | $1.5M | $4.3M | 10x | as long as short |
| Lighter AMD | +0.0056% | 1h | 622.03 | +0.021% | $531K | $2.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 623.63 | +0.278% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.33 | +0.069% | $2.2M | $12.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.14 | +0.039% | $1.9M | $292K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.26 | +0.058% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 623.02 | +0.180% | $300K | $1.8M | 10x | as long as short |
| Gate AMD_USDT | +0.0158% | 8h | 622.39 | +0.079% | $4.5M | $13.1M | 50x | as long as short |
| Nado AMD-PERP | +0.0174% | 1h | 621.76 | −0.022% | $318K | $176K | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 623.14 | +0.199% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 622.64 | +0.118% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0284% | 8h | 622.33 | +0.069% | $6.9M | $28.2M | 25x | as long as short |
| HTX AMD-USDT | +0.0371% | 8h | 622.11 | +0.034% | $132K | $580K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0381% | 1h | 622.83 | +0.150% | $80K | $258K | 50x | as long as short |
| Aster AMDUSDT | +0.0430% | 8h | 622.15 | +0.040% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0688% | 8h | 622.55 | +0.105% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMD | +0.0743% | 8h | 622.28 | +0.061% | $2.6M | $3.2M | — | as long as short |
| Extended AMD_24_5-USD | +0.0792% | 1h | 622.18 | +0.045% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0794% | 8h | 622.38 | +0.076% | $75.7M | $190.3M | 25x | as long as short |
| BloFin AMD-USDT | +0.0802% | 8h | 622.94 | +0.167% | $6K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.1437% | 8h | 623.69 | +0.288% | $18K | $131K | 10x | as long as short |
Ondo Perps AMD-USD.P
Lighter AMD
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Gate AMD_USDT
Nado AMD-PERP
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
HTX AMD-USDT
ApeX Omni AMDUSDT
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
GRVT AMD_USDT_Perp