Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0513%/8h= −56.2% APRpaid last 24h −0.119%

Price spread now: Injective against Binance−1.364%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 1.364% cheaper against Binance than usual: you would sell low and buy high (−$136 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.1% 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	Binance AMDUSDT	620.18	0.0547	pay 0.0547% / 8h	27m 21s	$75.5M	$192.4M	25x
Short	Injective AMD/USDC PERP	611.72	0.0033	get 0.0004% / 1h	27m 21s	$5K	$55K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. 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 BinancebpFee InjectivebpOrdersPrice spread, now −1.364%Rate

Funding earned: −$107.8
Price spread: −1.364% → 0.000%: −$136.41
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$254.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Injective: 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 Binance live order book, 1 min ago	0.08 bp	6.1 bp −$6	14.2 bp −$142	59.7 bp −$5,965	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0608%	4h	620.14	−0.006%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.26	+0.013%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.15	−0.005%	$1K	$8.9M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.01	−0.027%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.21	+0.005%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.96	−0.035%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERPshort	+0.0033%	1h	611.72	−1.364%	$5K	$55K	12x
Vest AMD-USD-PERP	+0.0046%	1h	621.20	+0.164%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.83	−0.056%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.26	−0.148%	$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	620.15	−0.005%	$2.3M	$13.5M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.089%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.00	−0.029%	$1.9M	$314K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.12	−0.010%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.94	−0.039%	$378	$6K	10x	as long as short
SoDEX AMD-USD	+0.0111%	1h	619.99	−0.031%	$25K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0120%	1h	619.86	−0.052%	$24.8M	$94.6M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0146%	8h	620.09	−0.015%	$6.8M	$28.6M	25x	as long as short
Lighter AMD	+0.0160%	1h	619.93	−0.040%	$525K	$2.5M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0202%	1h	619.96	−0.035%	$77K	$163K	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.08	−0.016%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0212%	8h	620.31	+0.022%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.42	+0.038%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0478%	1h	619.74	−0.071%	$317K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0486%	8h	620.43	+0.041%	$17K	$134K	10x	as long as short
Variational Omni AMD	+0.0497%	8h	620.44	+0.043%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0521%	8h	620.20	+0.003%	$6K	$545K	20x	as long as short
Bitget AMDUSDT	+0.0543%	8h	620.15	−0.005%	$10.1M	$18.0M	20x	as long as short
Extended AMD_24_5-USD	+0.0544%	1h	619.99	−0.030%	$464K	$1.5M	10x	as long as short
Binance AMDUSDTlong	+0.0547%	8h	620.18	long leg	$75.5M	$192.4M	25x
Arcus AMD-USD	+0.0919%	1h	620.04	−0.023%	$145K	$265K	10x	as long as short