Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.02 per $10,000 · paid last 24h −0.014%
Price spread now: Coinbase International against ApeX Omni−0.034%75s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.034%, 7d avg −0.118%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.084% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.118%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.113% in total) that is about 5.2 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AMDUSDT620.550.0100pay 0.0013% / 1h2m 06s$80K$258K50x
ShortCoinbase International AMD-PERP-INTX620.340.0080get 0.0010% / 1h2m 06s$312K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$4.2
Price spread: −0.034% → −0.118%
$8.38
Slippage, 4 orders
−$14.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$30.45
Costs to cover
0.346%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 10 min ago; Coinbase International: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 10 min ago5.16 bp10.2 bp −$1031.6 bp −$316doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago0.08 bp6.2 bp −$611.9 bp −$119doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0155%4h620.52−0.004%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h621.01+0.074%$4.4M$13.7M50xas long as short
SunX AMD-USDT0.0000%8h620.93+0.061%$1K$8.9M10xas long as short
HTX AMD-USDT0.0000%8h620.87+0.052%$132K$579K20xas long as short
Phemex AMDUSDT0.0000%8h620.97+0.068%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.37−0.029%$839K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.423%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.63+0.174%$950K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h620.53−0.003%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.66−0.143%$1.5M$4.9M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.74+0.031%$2.3M$13.6M10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0080%1h620.34−0.034%$312K$1.8M10x
KuCoin AMDUSDTM+0.0100%8h620.61+0.010%$1.9M$313K20xas long as short
ApeX Omni AMDUSDTlong+0.0100%1h620.55long leg$80K$258K50x
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.69+0.023%$379$6K10xas long as short
SoDEX AMD-USD+0.0105%1h620.78+0.037%$25K$24K10xas long as short
tradeXYZ xyz:AMD+0.0132%1h620.35−0.032%$24.9M$94.5M10xas long as short
Lighter AMD+0.0136%1h620.46−0.015%$530K$2.5M10xas long as short
OKX AMD-USDT-SWAP+0.0173%8h620.72+0.027%$6.8M$28.7M25xas long as short
Phoenix AMD+0.0207%1h620.48−0.011%$2K$92K10xas long as short
Aster AMDUSDT+0.0210%8h620.91+0.058%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h621.18+0.101%$11K10xas long as short
Nado AMD-PERP+0.0455%1h620.09−0.074%$318K$167K10xas long as short
GRVT AMD_USDT_Perp+0.0471%8h620.74+0.031%$18K$133K10xas long as short
Variational Omni AMD+0.0498%8h620.77+0.036%$2.6M$3.2Mas long as short
BloFin AMD-USDT+0.0521%8h620.87+0.052%$6K$546K20xas long as short
Bitget AMDUSDT+0.0543%8h620.74+0.031%$10.1M$18.0M20xas long as short
Binance AMDUSDT+0.0551%8h620.86+0.050%$75.6M$192.7M25xas long as short
Extended AMD_24_5-USD+0.0552%1h620.77+0.035%$464K$1.5M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0831%1h620.62+0.011%$77K$160K10xas long as short
Arcus AMD-USD+0.0919%1h620.64+0.015%$145K$264K10xas long as short