Funding you earn now, next payment 06:00 UTC−0.0264%/8h= −29.0% APRpaid last 24h −0.081%
Price spread now: tradeXYZ against Variational Omni−0.036%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.036%, 7d avg −0.066%
=Together, before fees+0.024%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.030% dearer against Variational Omni than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.066%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 4 days (−0.073% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.073% in total (about -7.5% a year). A funding rate is set anew for every payment. 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 | Variational Omni AMD | 615.81 | 0.0314 | pay 0.0314% / 8h | 2h 45m | $2.5M | $3.3M | — |
| Short | tradeXYZ xyz:AMD | 615.59 | 0.0050 | get 0.0006% / 1h | 45m 19s | $23.2M | $94.8M | 10x |
Variational Omni AMD
tradeXYZ xyz:AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$55.54
- Price spread: −0.036% → −0.066%
- $2.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$70.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; tradeXYZ: live order book, 4 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 Variational Omni RFQ quote, 4 min ago | 2.83 bp | doesn't fit | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.14 bp | 11.0 bp −$11 | doesn't fit | 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 | −0.0195% | 4h | 615.74 | −0.012% | $77K | $1.7M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | −0.0042% | 1h | 615.48 | −0.054% | $77K | $151K | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.96 | +0.024% | $4.4M | $14.0M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 616.10 | +0.047% | $10.2M | $17.2M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.83 | +0.003% | $1K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.90 | +0.014% | $115K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.00 | +0.030% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 615.65 | −0.026% | $533K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 615.53 | −0.046% | $799K | $4.6M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 615.96 | +0.024% | $2.1M | $11.5M | 10x | as long as short |
edgeX AMDUSDC
Deribit AMD_USDC-PERPETUAL
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AMD-PERP | +0.0036% | 1h | 615.70 | −0.018% | $256K | $239K | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 615.86 | +0.008% | $139K | $270K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.89 | +0.175% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMDshort | +0.0050% | 1h | 615.59 | −0.036% | $23.2M | $94.8M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.58 | −0.038% | $402K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 615.69 | −0.020% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.30 | −0.083% | $1.3M | $5.0M | 10x | as long as short |
| Aster AMDUSDT | +0.0064% | 8h | 615.95 | +0.022% | $69K | $415K | 50x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 615.35 | −0.075% | $320K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.73 | −0.013% | $1.9M | $296K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.66 | −0.025% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.74 | −0.012% | $368 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0138% | 8h | 615.63 | −0.030% | $6.6M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0141% | 8h | 615.88 | +0.011% | $20K | $164K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 615.95 | +0.022% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 615.66 | −0.025% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 619.05 | +0.526% | $2K | $57K | 12x | as long as short |
| Variational Omni AMDlong | +0.0314% | 8h | 615.81 | long leg | $2.5M | $3.3M | — | |
| Extended AMD_24_5-USD | +0.0392% | 1h | 615.75 | −0.011% | $459K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0394% | 8h | 615.75 | −0.010% | $71.4M | $199.5M | 25x | as long as short |
| BloFin AMD-USDT | +0.0413% | 8h | 615.74 | −0.012% | $6K | $547K | 20x | as long as short |
Nado AMD-PERP
Arcus AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Aster AMDUSDT
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT