Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.050%

Price spread now: Binance against ApeX Omni+0.068%69s7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.333% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$10 on $10k

Price spread, last 2 days (all we have)−0.007%−$1 · spread now +0.068%, 7d avg +0.008%

Together, before fees−0.103%−$10 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 Binance is 0.060% dearer against ApeX Omni than usual: you sell high and buy low: +$6 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 −0.095%, so the current rate has only just turned in your favour. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% 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	615.51	0.0100	pay 0.0013% / 1h	32m 25s	$79K	$259K	50x
Short	Binance AMDUSDT	615.93	0.0416	get 0.0416% / 8h	2h 32m	$74.9M	$192.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.068%Rate

Funding earned: $66.35
Price spread: +0.068% → +0.008%: $6.05
Slippage, 4 orders: −$13.34
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: $39.06
Costs to cover: 0.333%
Break-even: 2.9 days

Slippage from ApeX Omni: live order book, 54 min ago; Binance: live order book, 11 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, 54 min ago	5.20 bp	10.2 bp −$10	33.2 bp −$332	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.08 bp	7.4 bp −$7	12.3 bp −$123	45.8 bp −$4,582	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	−0.0670%	4h	615.89	+0.062%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	615.60	+0.015%	$6.7M	$28.4M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	615.77	+0.042%	$4.3M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.00	+0.080%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	615.64	+0.021%	$127K	$582K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	615.86	+0.057%	$1.7M	$455K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.53	+0.003%	$881K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.616%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	616.40	+0.145%	—	$948K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	615.31	−0.032%	$24.9M	$95.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	615.56	+0.008%	$409K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	614.94	−0.093%	$1.4M	$4.7M	10x	as long as short
Aster AMDUSDT	+0.0071%	8h	615.94	+0.070%	$71K	$411K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	615.87	+0.058%	$2.3M	$13.1M	10x	as long as short
Lighter AMD	+0.0088%	1h	615.56	+0.008%	$600K	$2.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.22	−0.047%	$1.9M	$326K	20x	as long as short
ApeX Omni AMDUSDTlong	+0.0100%	1h	615.51	long leg	$79K	$259K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	615.74	+0.037%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.04	−0.076%	$311K	$1.8M	10x	as long as short
SoDEX AMD-USD	+0.0124%	1h	615.64	+0.021%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0156%	1h	615.49	−0.003%	$2K	$94K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0173%	1h	615.53	+0.003%	$77K	$163K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.15	+0.105%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0332%	1h	615.14	−0.059%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0343%	8h	615.91	+0.065%	$18K	$141K	10x	as long as short
Variational Omni AMD	+0.0356%	8h	615.85	+0.056%	$2.7M	$3.1M	—	as long as short
BloFin AMD-USDT	+0.0384%	8h	616.01	+0.081%	$6K	$540K	20x	as long as short
Binance AMDUSDTshort	+0.0416%	8h	615.93	+0.068%	$74.9M	$192.9M	25x
Extended AMD_24_5-USD	+0.0416%	1h	615.87	+0.058%	$456K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0460%	8h	615.82	+0.050%	$10.0M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	615.73	+0.036%	$142K	$282K	10x	as long as short