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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0215%/8h= +23.5% APRnext payment +$2.15 per $10,000 · paid last 24h +0.063%
Price spread now: GRVT against Aster+0.047%80s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.047%, 7d avg +0.015%
Together, before fees+0.027%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.032% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.15 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
LongAster AMDUSDT621.930.0362pay 0.0362% / 8h4h 54m$72K$412K50x
ShortGRVT AMD_USDT_Perp622.220.0577get 0.0577% / 8h4h 54m$17K$141K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$45.13
Price spread: +0.047% → +0.015%
$3.18
Slippage, 4 orders
−$15.83
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$15.49
Costs to cover
0.328%
Break-even
4.6 days
Slippage from Aster: live order book, 3 min ago; GRVT: live order book, 3 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 Aster live order book, 3 min ago2.17 bp10.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago0.80 bp8.3 bp −$811.8 bp −$118doesn'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−0.0239%4h622.12+0.030%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h622.45+0.084%$4.5M$13.3M50xas long as short
SunX AMD-USDT0.0000%8h622.31+0.061%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.73−0.032%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h622.10+0.028%$121K$604K20xas long as short
Phemex AMDUSDT0.0000%8h621.72−0.034%$1.8M$458K10xas long as short
Lighter RH AMD+0.0032%1h621.96+0.005%$853K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.641%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h622.30+0.060%$144K$263K10xas long as short
Lighter AMD+0.0048%1h621.96+0.005%$553K$2.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:AMD+0.0050%1h621.88−0.008%$24.4M$94.0M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.91−0.003%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.02+0.015%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.74−0.030%$1.5M$4.2M10xas long as short
Bitget AMDUSDT+0.0054%8h622.34+0.066%$10.3M$17.0M20xas long as short
Vest AMD-USD-PERP+0.0056%1h623.61+0.270%$923K25xas long as short
QFEX AMD-USD+0.0080%1h622.09+0.026%$2.1M$11.7M10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.90−0.005%$1.9M$281K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.09+0.026%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.08+0.024%$372$6K10xas long as short
Nado AMD-PERP+0.0119%1h621.89−0.006%$269K$220K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h621.78−0.024%$307K$1.8M10xas long as short
Phoenix AMD+0.0245%1h621.84−0.014%$2K$90K10xas long as short
Aevo AMD-PERP+0.0264%1h622.42+0.078%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0290%8h622.07+0.023%$7.0M$28.0M25xas long as short
Aster AMDUSDTlong+0.0362%8h621.93long leg$72K$412K50x
GRVT AMD_USDT_Perpshort+0.0577%8h622.22+0.047%$17K$141K10x
Variational Omni AMD+0.0675%8h622.20+0.044%$2.6M$3.3Mas long as short
BloFin AMD-USDT+0.0718%8h622.36+0.069%$7K$549K20xas long as short
Binance AMDUSDT+0.0736%8h622.25+0.051%$75.1M$191.1M25xas long as short
Extended AMD_24_5-USD+0.0736%1h622.02+0.015%$464K$1.9M10xas long as short