Funding you earn now, next payment 12:00 UTC−0.0898%/8h= −98.3% APRpaid last 24h −0.089%
Price spread now: edgeX against tradeXYZ+0.157%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 7 days−0.148%−$15 · spread now +0.157%, 7d avg +0.052%
=Together, before fees−0.347%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.106% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.052%): +$11 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.199% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMD | 606.43 | 0.0050 | pay 0.0006% / 1h | 7m 32s | $20.8M | $95.7M | 10x |
| Short | edgeX AMDUSDC | 607.38 | −0.0848 | pay 0.0424% / 4h | 7m 32s | $73K | $1.6M | 10x |
tradeXYZ xyz:AMD
edgeX AMDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$188.54
- Price spread: +0.157% → +0.052%
- $10.58
- Slippage, 4 orders
- −$17.86
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$222.83
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; edgeX: 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 tradeXYZ live order book, 5 min ago | 1.89 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 5.43 bp | 11.0 bp −$11 | 32.9 bp −$329 | doesn't fit | doesn't fit |
AMD on 31 exchanges
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 AMDUSDCshort | −0.0848% | 4h | 607.38 | +0.157% | $73K | $1.6M | 10x | |
| SunX AMD-USDT | 0.0000% | 8h | 607.36 | +0.153% | $1K | $6.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 607.46 | +0.170% | $87K | $698K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 607.44 | +0.167% | $1.7M | $466K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 606.82 | +0.064% | $774K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 548.57 | −9.541% | $2K | $58K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 607.22 | +0.130% | — | $923K | 25x | as long as short |
| tradeXYZ xyz:AMDlong | +0.0050% | 1h | 606.43 | long leg | $20.8M | $95.7M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 606.89 | +0.076% | $392K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 607.10 | +0.110% | $26K | $20K | 10x | as long as short |
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 606.59 | +0.026% | $1.4M | $5.2M | 10x | as long as short |
| Bitget AMDUSDT | +0.0060% | 8h | 607.40 | +0.160% | $10.2M | $16.0M | 20x | as long as short |
| QFEX AMD-USD | +0.0063% | 1h | 607.04 | +0.101% | $2.0M | $11.1M | 10x | as long as short |
| Gate AMD_USDT | +0.0064% | 8h | 607.56 | +0.186% | $4.6M | $14.9M | 50x | as long as short |
| Lighter AMD | +0.0080% | 1h | 606.97 | +0.089% | $507K | $2.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 606.69 | +0.043% | $1.8M | $547K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 607.00 | +0.094% | $79K | $253K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 606.80 | +0.061% | $363 | $2K | 10x | as long as short |
| Aster AMDUSDT | +0.0101% | 8h | 607.50 | +0.177% | $71K | $414K | 50x | as long as short |
| Phoenix AMD | +0.0131% | 1h | 606.95 | +0.086% | $2K | $74K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0141% | 8h | 607.20 | +0.127% | $6.8M | $30.2M | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 606.62 | +0.031% | $287K | $1.7M | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 607.26 | +0.137% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0222% | 1h | 606.72 | +0.048% | $249K | $243K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0278% | 1h | 606.88 | +0.074% | $66K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0303% | 8h | 607.36 | +0.153% | $1.4M | $4.3M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0337% | 8h | 607.77 | +0.221% | $21K | $218K | 10x | as long as short |
| Binance AMDUSDT | +0.0362% | 8h | 607.20 | +0.127% | $72.5M | $195.8M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0368% | 1h | 606.97 | +0.088% | $455K | $3.8M | 10x | as long as short |
| BloFin AMD-USDT | +0.0378% | 8h | 607.59 | +0.191% | $7K | $563K | 20x | as long as short |
| Arcus AMD-USD | +0.0387% | 1h | 606.83 | +0.066% | $122K | $213K | 10x | as long as short |
Ondo Perps AMD-USD.P
Bitget AMDUSDT
QFEX AMD-USD
Gate AMD_USDT
Lighter AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
Nado AMD-PERP
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
GRVT AMD_USDT_Perp
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Arcus AMD-USD