Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h −0.218%

Price spread now: edgeX against Arcus−0.002%7-day average +0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.226%−$23 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.002%, 7d avg +0.053%

Together, before fees−0.158%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and edgeX is 0.055% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.053%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.226% in total (about -24.0% 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	Arcus AMD-USD	623.20	0.0782	pay 0.0098% / 1h	39m 02s	$145K	$265K	10x
Short	edgeX AMDUSDC	623.19	−0.0117	pay 0.0059% / 4h	3h 39m	$82K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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 ArcusbpFee edgeXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$188.9
Price spread: −0.002% → +0.053%: −$5.46
Slippage, 4 orders: −$35.35
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$243.2
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from Arcus: live order book, 34 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 Arcus live order book, 34 min ago	3.71 bp	6.1 bp −$6	8.0 bp −$80	14.3 bp −$1,432	doesn't fit
Sell edgeX live order book, 5 min ago	10.35 bp	18.3 bp −$18	37.0 bp −$370	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	−0.0117%	4h	623.19	−0.002%	$82K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	622.64	−0.090%	$2K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.60	−0.096%	$1.8M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.92	−0.205%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.842%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0049%	1h	623.64	+0.071%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.63	−0.252%	$1.5M	$4.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.78	−0.067%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.10	−0.177%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.60	−0.096%	$372	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	−0.026%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.12	−0.173%	$539K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	−0.053%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0230%	8h	622.39	−0.130%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.74	−0.074%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0249%	8h	622.54	−0.106%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0293%	8h	621.48	−0.276%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0342%	1h	622.39	−0.130%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0406%	1h	621.74	−0.234%	$25.0M	$93.2M	10x	as long as short
Polymarket Perps AMD-USD	+0.0417%	1h	622.34	−0.138%	$397K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0425%	1h	622.10	−0.177%	$319K	$171K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0490%	1h	622.13	−0.172%	$77K	$151K	10x	as long as short
ApeX Omni AMDUSDT	+0.0498%	1h	622.80	−0.064%	$80K	$258K	50x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.001%	$2.6M	$3.2M	—	as long as short
HTX AMD-USDT	+0.0625%	8h	622.40	−0.128%	$132K	$579K	20x	as long as short
Extended AMD_24_5-USD	+0.0640%	1h	622.51	−0.111%	$466K	$2.2M	10x	as long as short
Binance AMDUSDT	+0.0644%	8h	622.52	−0.109%	$75.9M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0665%	8h	622.66	−0.087%	$6K	$550K	20x	as long as short
Bitget AMDUSDT	+0.0746%	8h	622.77	−0.069%	$10.2M	$17.6M	20x	as long as short
Arcus AMD-USDlong	+0.0782%	1h	623.20	long leg	$145K	$265K	10x
GRVT AMD_USDT_Perp	+0.1770%	8h	623.46	+0.041%	$18K	$131K	10x	as long as short