Funding arb · Price arb /

AMD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1041%/8h= −114.0% APRpaid last 24h −0.102%

Price spread now: edgeX against ApeX Omni+0.053%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$430.431% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.255%−$26 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.053%, 7d avg +0.016%

Together, before fees−0.092%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.037% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.016%): +$4 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.255% in total) that is about 24 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% 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	621.01	0.0100	pay 0.0013% / 1h	34m 13s	$80K	$257K	50x
Short	edgeX AMDUSDC	621.34	−0.0941	pay 0.0471% / 4h	1h 34m	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$218.65
Price spread: +0.053% → +0.016%: $3.65
Slippage, 4 orders: −$24.13
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$258.13
Costs to cover: 0.431%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 28 min ago; edgeX: live order book, 5 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, 28 min ago	5.23 bp	10.2 bp −$10	35.5 bp −$355	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	5.15 bp	11.2 bp −$11	33.0 bp −$330	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 AMDUSDCshort	−0.0941%	4h	621.34	+0.053%	$81K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	621.36	+0.056%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.16	+0.024%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.33	+0.052%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0005%	8h	621.29	+0.045%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.71	−0.048%	$850K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.496%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.09	+0.013%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.69	−0.052%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.36	−0.105%	$1.5M	$4.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0055%	1h	621.91	+0.145%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0073%	8h	621.24	+0.037%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.04	+0.005%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.47	−0.087%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDTlong	+0.0100%	1h	621.01	long leg	$80K	$257K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.14	+0.021%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.052%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0147%	1h	620.66	−0.056%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0202%	1h	621.01	0.000%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0232%	1h	620.85	−0.026%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.00	−0.002%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.51	+0.080%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0302%	8h	620.96	−0.008%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0313%	1h	620.43	−0.093%	$268K	$213K	10x	as long as short
Aster AMDUSDT	+0.0405%	8h	620.65	−0.057%	$72K	$412K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0524%	1h	620.73	−0.045%	$77K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0709%	8h	621.43	+0.068%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0719%	8h	621.22	+0.034%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0776%	1h	621.10	+0.014%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0780%	8h	621.32	+0.049%	$75.6M	$190.0M	25x	as long as short
BloFin AMD-USDT	+0.0791%	8h	621.11	+0.016%	$7K	$548K	20x	as long as short