Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h −0.010%

Price spread now: Aster against ApeX Omni+0.057%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.184%−$18 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.057%, 7d avg +0.008%

Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.050% dearer against ApeX Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% 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	ApeX Omni AMDUSDT	620.51	0.0100	pay 0.0013% / 1h	30m 54s	$80K	$258K	50x
Short	Aster AMDUSDT	620.87	0.0390	get 0.0390% / 8h	6h 30m	$72K	$416K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.057%Rate

Funding earned: $60.91
Price spread: +0.057% → +0.008%: $4.96
Slippage, 4 orders: −$30.2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $17.67
Costs to cover: 0.482%
Break-even: 5.0 days

Slippage from ApeX Omni: live order book, 36 min ago; Aster: live order book, 36 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 ApeX Omni live order book, 36 min ago	5.21 bp	10.2 bp −$10	38.4 bp −$384	doesn't fit	doesn't fit
Sell Aster live order book, 36 min ago	2.96 bp	12.8 bp −$13	doesn't fit	doesn't fit	doesn't fit

AMD on 30 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	−0.0170%	4h	620.45	−0.009%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	621.21	+0.113%	$4.6M	$13.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	621.02	+0.082%	$2K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.67	+0.026%	$121K	$598K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.18	+0.108%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.49	−0.003%	$842K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.417%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.62	+0.018%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.56	+0.008%	$396K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.69	−0.132%	$1.5M	$4.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0060%	1h	621.57	+0.171%	—	$924K	25x	as long as short
SoDEX AMD-USD	+0.0072%	1h	620.90	+0.063%	$25K	$24K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.91	+0.064%	$2.2M	$12.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.51	0.000%	$1.9M	$289K	20x	as long as short
ApeX Omni AMDUSDTlong	+0.0100%	1h	620.51	long leg	$80K	$258K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.62	+0.018%	$371	$6K	10x	as long as short
Lighter AMD	+0.0112%	1h	620.59	+0.013%	$549K	$2.4M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	620.08	−0.069%	$299K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0128%	1h	620.49	−0.003%	$25.0M	$93.5M	10x	as long as short
Phoenix AMD	+0.0244%	1h	619.90	−0.098%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.27	+0.122%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0273%	8h	621.04	+0.085%	$6.9M	$28.2M	25x	as long as short
Nado AMD-PERP	+0.0359%	1h	620.03	−0.078%	$268K	$204K	10x	as long as short
Aster AMDUSDTshort	+0.0390%	8h	620.87	+0.057%	$72K	$416K	50x
Bitget AMDUSDT	+0.0421%	8h	621.23	+0.116%	$10.3M	$17.3M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0702%	1h	620.52	+0.002%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0706%	8h	620.91	+0.064%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0760%	8h	621.27	+0.123%	$75.4M	$190.9M	25x	as long as short
Extended AMD_24_5-USD	+0.0760%	1h	620.96	+0.073%	$464K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0802%	8h	620.34	−0.027%	$17K	$132K	10x	as long as short