Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0508%/8h= +55.6% APRpaid last 24h +0.036%

Price spread now: Deribit against Aster+0.145%7-day average −0.033% · 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−$31as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.054%+$5 on $10k

Price spread, last 3 days (all we have)−0.219%−$22 · spread now +0.145%, 7d avg −0.033%

Together, before fees−0.165%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Deribit is 0.178% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.033%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.054% in total (about 4.2% 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	Aster AMDUSDT	622.14	0.0287	pay 0.0287% / 8h	7h 42m	$72K	$416K	50x
Short	Deribit AMD_USDC-PERPETUAL	623.04	0.0794	get 0.0099% / 1h	42m 43s	$78K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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 AsterbpFee DeribitbpOrdersPrice spread, now +0.145%Rate

Funding earned: $106.64
Price spread: +0.145% → −0.033%: $17.78
Slippage, 4 orders: −$33.42
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $76
Costs to cover: 0.484%
Break-even: 2.0 days

Slippage from Aster: live order book, 29 min ago; Deribit: live order book, 31 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 Aster live order book, 29 min ago	2.58 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 31 min ago	6.94 bp	12.0 bp −$12	16.3 bp −$163	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	−0.0467%	4h	625.15	+0.484%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.42	+0.206%	$1K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.89	+0.121%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.68	+0.087%	$855K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.675%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0048%	1h	624.43	+0.368%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.08	−0.010%	$1.5M	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.39	+0.201%	$2.3M	$13.4M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.84	+0.113%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.72	+0.254%	$373	$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	+0.145%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0184%	1h	623.04	+0.145%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.09	+0.153%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0225%	8h	623.30	+0.186%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.49	+0.218%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0266%	8h	623.39	+0.201%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDTlong	+0.0287%	8h	622.14	long leg	$72K	$416K	50x
Nado AMD-PERP	+0.0431%	1h	622.58	+0.070%	$319K	$170K	10x	as long as short
tradeXYZ xyz:AMD	+0.0488%	1h	622.55	+0.066%	$25.0M	$93.4M	10x	as long as short
ApeX Omni AMDUSDT	+0.0506%	1h	624.65	+0.403%	$80K	$258K	50x	as long as short
Polymarket Perps AMD-USD	+0.0509%	1h	623.00	+0.138%	$397K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0517%	1h	623.28	+0.183%	$26K	$24K	10x	as long as short
Variational Omni AMD	+0.0563%	8h	625.45	+0.532%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0607%	8h	623.47	+0.214%	$6K	$551K	20x	as long as short
Extended AMD_24_5-USD	+0.0632%	1h	623.33	+0.192%	$466K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0636%	8h	623.44	+0.209%	$75.9M	$192.1M	25x	as long as short
Bitget AMDUSDT	+0.0745%	8h	623.32	+0.190%	$10.1M	$17.5M	20x	as long as short
HTX AMD-USDT	+0.0781%	8h	623.04	+0.145%	$132K	$579K	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.98	+0.296%	$145K	$265K	10x	as long as short
Deribit AMD_USDC-PERPETUALshort	+0.0794%	1h	623.04	+0.145%	$78K	$151K	10x
GRVT AMD_USDT_Perp	+0.1875%	8h	625.15	+0.483%	$18K	$131K	10x	as long as short