Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0680%/8h= −74.4% APRpaid last 24h −0.094%

Price spread now: Orderly against Arcus+0.023%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.023% dearer against Arcus than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AMD-USD	619.47	0.0780	pay 0.0097% / 1h	22m 20s	$145K	$270K	10x
Short	Orderly PERP_AMD_USDC_mythos	619.61	0.0100	get 0.0100% / 8h	1h 22m	$378	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.023%Rate

Funding earned: −$142.76
Price spread: +0.023% → 0.000%: $2.26
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$151
Costs to cover: 0.105%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 61 min ago; Orderly: no order-book sample. Net counts fees only.

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, 61 min ago	3.00 bp	5.4 bp −$5	7.6 bp −$76	14.6 bp −$1,461	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0313%	4h	619.73	+0.043%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.77	+0.048%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.64	+0.027%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.27	−0.032%	$132K	$583K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	618.97	−0.081%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.32	−0.024%	$833K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.251%	$5K	$55K	12x	as long as short
OKX AMD-USDT-SWAP	+0.0041%	8h	619.40	−0.011%	$6.8M	$28.7M	25x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.43	+0.155%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.42	−0.008%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	618.37	−0.178%	$1.5M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.098%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.69	+0.036%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0080%	1h	619.20	−0.044%	$24.8M	$95.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.27	−0.032%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	619.61	+0.023%	$378	$6K	10x
Aster AMDUSDT	+0.0157%	8h	618.90	−0.091%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	619.56	+0.015%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	619.49	+0.003%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERP	+0.0200%	1h	619.81	+0.054%	$11K	—	10x	as long as short
ApeX Omni AMDUSDT	+0.0258%	1h	619.58	+0.018%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0289%	1h	619.39	−0.013%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0404%	1h	618.99	−0.077%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0436%	8h	619.64	+0.027%	$18K	$139K	10x	as long as short
Variational Omni AMD	+0.0439%	8h	620.26	+0.127%	$2.7M	$3.1M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0461%	1h	619.29	−0.029%	$77K	$163K	10x	as long as short
Binance AMDUSDT	+0.0494%	8h	619.80	+0.053%	$75.6M	$193.5M	25x	as long as short
Extended AMD_24_5-USD	+0.0496%	1h	619.62	+0.025%	$458K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0509%	8h	619.71	+0.039%	$10.1M	$18.2M	20x	as long as short
BloFin AMD-USDT	+0.0516%	8h	619.64	+0.027%	$6K	$543K	20x	as long as short
Arcus AMD-USDlong	+0.0780%	1h	619.47	long leg	$145K	$270K	10x