Funding you earn now, next payment 23:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.073%
Price spread now: Phoenix against Variational Omni−0.087%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Phoenix is 0.087% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni AMD | 620.85 | 0.0503 | pay 0.0503% / 8h | 42m 26s | $2.7M | $3.2M | — |
| Short | Phoenix AMD | 620.31 | 0.0207 | get 0.0026% / 1h | 42m 26s | $2K | $92K | 10x |
Variational Omni AMD
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- −$62.14
- Price spread: −0.087% → 0.000%
- −$8.66
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$77.79
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Phoenix: no order-book sample. 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 Variational Omni RFQ quote, 2 min ago | 2.48 bp | doesn't fit | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | −0.0624% | 4h | 620.62 | −0.036% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.36 | −0.079% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.54 | −0.050% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.31 | −0.087% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.53 | −0.051% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.83 | −0.164% | $835K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.470% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.04 | +0.031% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.60 | −0.201% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0057% | 1h | 619.84 | −0.162% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.32 | −0.085% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.196% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.02 | −0.133% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.20 | −0.104% | $378 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0126% | 8h | 620.12 | −0.117% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0134% | 1h | 619.56 | −0.207% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMDshort | +0.0207% | 1h | 620.31 | −0.087% | $2K | $92K | 10x | |
| Aevo AMD-PERP | +0.0216% | 1h | 620.62 | −0.037% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0220% | 1h | 620.31 | −0.087% | $25K | $24K | 10x | as long as short |
| Aster AMDUSDT | +0.0223% | 8h | 620.54 | −0.049% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0224% | 1h | 619.94 | −0.146% | $525K | $2.5M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0296% | 1h | 619.99 | −0.138% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0494% | 8h | 620.62 | −0.037% | $18K | $134K | 10x | as long as short |
| Variational Omni AMDlong | +0.0503% | 8h | 620.85 | long leg | $2.7M | $3.2M | — | |
| BloFin AMD-USDT | +0.0528% | 8h | 620.50 | −0.056% | $6K | $545K | 20x | as long as short |
| Nado AMD-PERP | +0.0532% | 1h | 619.46 | −0.224% | $317K | $167K | 10x | as long as short |
| Bitget AMDUSDT | +0.0547% | 8h | 620.04 | −0.130% | $10.1M | $18.1M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 620.16 | −0.110% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0554% | 8h | 620.27 | −0.093% | $75.6M | $192.1M | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0751% | 1h | 620.28 | −0.091% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.08 | −0.124% | $145K | $265K | 10x | as long as short |
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Aevo AMD-PERP
SoDEX AMD-USD
Aster AMDUSDT
Lighter AMD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
BloFin AMD-USDT
Nado AMD-PERP
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD