Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0919%/8h= −100.6% APRpaid last 24h −0.133%

Price spread now: Gate against Arcus+0.056%7-day average +0.036% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Arcus Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.195%−$20 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.056%, 7d avg +0.036%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.021% dearer against Arcus than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.036%): +$2 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 3 days (−0.195% in total) that is about 9 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.195% in total (about -21.0% 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	620.21	0.0919	pay 0.0115% / 1h	33m 12s	$145K	$265K	10x
Short	Gate AMD_USDT	620.56	0	get 0.0000% / 8h	33m 12s	$4.4M	$13.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.056%Rate

Funding earned: −$192.89
Price spread: +0.056% → +0.036%: $2.06
Slippage, 4 orders: −$18.15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$228.48
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from Arcus: live order book, 45 min ago; Gate: 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, 45 min ago	3.47 bp	5.9 bp −$6	8.2 bp −$82	11.7 bp −$1,168	doesn't fit
Sell Gate live order book, 5 min ago	1.37 bp	12.7 bp −$13	34.2 bp −$342	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 AMDUSDC	−0.0554%	4h	620.45	+0.039%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTshort	0.0000%	8h	620.56	+0.056%	$4.4M	$13.6M	50x
SunX AMD-USDT	0.0000%	8h	620.43	+0.035%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.20	−0.002%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.47	+0.042%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.03	−0.029%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.369%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.23	+0.164%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.00	−0.034%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.60	−0.098%	$1.5M	$4.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0080%	1h	620.23	+0.003%	$2.3M	$13.5M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.094%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.06	−0.024%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.20	−0.002%	$378	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0122%	1h	619.91	−0.048%	$24.8M	$94.6M	10x	as long as short
ApeX Omni AMDUSDT	+0.0129%	1h	620.18	−0.005%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0132%	1h	620.31	+0.016%	$25K	$24K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0138%	8h	620.26	+0.008%	$6.8M	$28.6M	25x	as long as short
Lighter AMD	+0.0184%	1h	620.12	−0.015%	$525K	$2.5M	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.01	−0.032%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0215%	8h	620.33	+0.020%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.64	+0.070%	$11K	—	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0379%	1h	620.04	−0.027%	$77K	$163K	10x	as long as short
Nado AMD-PERP	+0.0488%	1h	619.80	−0.066%	$317K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0490%	8h	620.50	+0.047%	$17K	$134K	10x	as long as short
Variational Omni AMD	+0.0500%	8h	620.42	+0.034%	$2.7M	$3.2M	—	as long as short
Bitget AMDUSDT	+0.0544%	8h	620.27	+0.010%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0548%	8h	620.37	+0.025%	$75.6M	$192.4M	25x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.19	−0.003%	$464K	$1.5M	10x	as long as short
BloFin AMD-USDT	+0.0569%	8h	620.45	+0.039%	$6K	$545K	20x	as long as short
Arcus AMD-USDlong	+0.0919%	1h	620.21	long leg	$145K	$265K	10x