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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h −0.031%
Price spread now: Extended against Arcus−0.082%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.082%, 7d avg +0.031%
Together, before fees+0.251%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.113% cheaper against Arcus than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.031%). If the spread goes back, that is −$11 on $10k: about 30 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.033% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMD-USD614.040.0040pay 0.0005% / 1h59m 30s$137K$275K10x
ShortExtended AMD_24_5-USD613.540.0344get 0.0043% / 1h59m 30s$457K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$63.78
Price spread: −0.082% → +0.031%
−$11.28
Slippage, 4 orders
−$23.28
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$19.72
Costs to cover
0.328%
Break-even
4.8 days
Slippage from Arcus: live order book, 49 min ago; Extended: live order book, 4 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 Arcus live order book, 49 min ago1.05 bp5.3 bp −$510.7 bp −$107doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.65 bp6.8 bp −$752.3 bp −$523doesn'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−0.0368%4h614.16+0.019%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0260%8h614.18+0.023%$10.3M$17.4M20xas long as short
Gate AMD_USDT0.0000%8h614.10+0.010%$4.4M$14.2M50xas long as short
SunX AMD-USDT0.0000%8h614.39+0.057%$2K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h613.87−0.028%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h614.30+0.042%$105K$641K20xas long as short
Phemex AMDUSDT0.0000%8h613.64−0.065%$1.7M$462K10xas long as short
Aster AMDUSDT+0.0012%8h613.81−0.038%$70K$416K50xas long as short
Lighter AMD+0.0032%1h613.81−0.037%$526K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h613.55−0.080%$813K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0032%1h613.84−0.033%$2.1M$11.6M10xas long as short
Arcus AMD-USDlong+0.0040%1h614.04long leg$137K$275K10x
Vest AMD-USD-PERP+0.0046%1h614.81+0.125%$925K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.87−0.028%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h613.28−0.124%$1.4M$5.4M10xas long as short
Nado AMD-PERP+0.0056%1h613.45−0.096%$255K$241K10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h613.59−0.073%$317K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.58−0.075%$1.9M$293K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h614.00−0.007%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.94−0.016%$367$6K10xas long as short
OKX AMD-USDT-SWAP+0.0110%8h613.77−0.044%$6.6M$29.1M25xas long as short
SoDEX AMD-USD+0.0117%1h614.22+0.029%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0154%8h614.27+0.037%$19K$171K10xas long as short
tradeXYZ xyz:AMD+0.0158%1h613.59−0.073%$23.1M$95.1M10xas long as short
Aevo AMD-PERP+0.0168%1h614.33+0.048%$11K10xas long as short
Phoenix AMD+0.0195%1h613.90−0.023%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.231%$2K$59K12xas long as short
Variational Omni AMD+0.0255%8h614.42+0.061%$2.5M$3.3Mas long as short
Binance AMDUSDT+0.0342%8h613.72−0.053%$72.2M$203.4M25xas long as short
Extended AMD_24_5-USDshort+0.0344%1h613.54−0.082%$457K$3.1M10x
BloFin AMD-USDT+0.0365%8h614.32+0.046%$6K$550K20xas long as short