Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0352%/8h= +38.6% APRpaid last 24h +0.096%

Price spread now: Extended against Aster+0.012%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$310.309% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)−0.287%−$29 · spread now +0.012%, 7d avg −0.024%

Together, before fees−0.171%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.036% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.024%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.0% 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	Aster AMDUSDT	622.49	0.0248	pay 0.0248% / 8h	4h 04m	$72K	$412K	50x
Short	Extended AMD_24_5-USD	622.56	0.0600	get 0.0075% / 1h	4m 11s	$464K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: $74.01
Price spread: +0.012% → −0.024%: $3.6
Slippage, 4 orders: −$17.88
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $46.73
Costs to cover: 0.309%
Break-even: 2.6 days

Slippage from Aster: live order book, 53 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 53 min ago	2.17 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.64 bp	7.0 bp −$7	48.5 bp −$485	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	−0.0590%	4h	623.34	+0.136%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	623.03	+0.086%	$4.5M	$13.7M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	622.96	+0.075%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.33	−0.026%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.69	+0.032%	$121K	$616K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.46	−0.005%	$1.8M	$459K	10x	as long as short
Bitget AMDUSDT	+0.0003%	8h	622.93	+0.070%	$10.3M	$17.1M	20x	as long as short
Lighter AMD	+0.0032%	1h	622.73	+0.038%	$555K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.66	+0.027%	$842K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.730%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	623.23	+0.119%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.67	+0.029%	$23.6M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.38	−0.018%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.82	+0.053%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.26	−0.037%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0064%	1h	624.25	+0.282%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.86	+0.059%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0087%	1h	622.43	−0.010%	$269K	$229K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.51	+0.003%	$1.9M	$291K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	623.28	+0.127%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.62	+0.021%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.30	−0.031%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.96	+0.075%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0232%	1h	622.93	+0.070%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0233%	8h	622.60	+0.017%	$6.9M	$28.2M	25x	as long as short
Aster AMDUSDTlong	+0.0248%	8h	622.49	long leg	$72K	$412K	50x
GRVT AMD_USDT_Perp	+0.0324%	8h	623.41	+0.147%	$17K	$149K	10x	as long as short
Variational Omni AMD	+0.0533%	8h	623.16	+0.107%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0599%	8h	622.88	+0.063%	$73.0M	$195.7M	25x	as long as short
BloFin AMD-USDT	+0.0600%	8h	623.05	+0.090%	$7K	$551K	20x	as long as short
Extended AMD_24_5-USDshort	+0.0600%	1h	622.56	+0.012%	$464K	$1.9M	10x