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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0490%/8h= −53.7% APRpaid last 24h −0.078%
Price spread now: Ondo Perps against Binance−0.186%46s7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 2 days (all we have)+0.037%+$4 · spread now −0.186%, 7d avg −0.112%
Together, before fees+0.011%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Ondo Perps is 0.074% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.112%). Swap the legs. The two prices were read 46 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 -0.026% in total (about -1.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMDUSDT620.920.0540pay 0.0540% / 8h52m 54s$75.7M$192.2M25x
ShortOndo Perps AMD-USD.P619.760.0050get 0.0006% / 1h52m 54s$1.5M$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$102.91
Price spread: −0.186% → −0.112%
−$7.43
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$125.34
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.08 bp7.5 bp −$816.4 bp −$16450.3 bp −$5,026doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0170%4h620.61−0.049%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.97+0.009%$4.4M$13.5M50xas long as short
SunX AMD-USDT0.0000%8h620.91−0.001%$1K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h620.53−0.062%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h620.38−0.086%$1.8M$459K10xas long as short
Lighter RH AMD+0.0032%1h620.37−0.088%$836K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.481%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.46+0.088%$950K25xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h619.76−0.186%$1.5M$4.8M10x
QFEX AMD-USD+0.0080%1h620.64−0.044%$2.3M$13.4M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMD-PERP-INTX+0.0080%1h619.63−0.207%$312K$1.8M10xas long as short
Polymarket Perps AMD-USD+0.0084%1h620.45−0.075%$395K$1.6M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.13−0.126%$1.9M$315K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.70−0.035%$379$6K10xas long as short
OKX AMD-USDT-SWAP+0.0100%8h620.78−0.022%$6.8M$28.6M25xas long as short
tradeXYZ xyz:AMD+0.0142%1h620.24−0.109%$24.8M$94.8M10xas long as short
ApeX Omni AMDUSDT+0.0186%1h619.72−0.192%$80K$259K50xas long as short
Phoenix AMD+0.0207%1h619.83−0.175%$2K$92K10xas long as short
Aster AMDUSDT+0.0209%8h621.05+0.022%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h621.13+0.035%$11K10xas long as short
Lighter AMD+0.0240%1h620.54−0.060%$533K$2.5M10xas long as short
SoDEX AMD-USD+0.0368%1h620.77−0.023%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0478%8h620.56−0.058%$17K$136K10xas long as short
Variational Omni AMD+0.0480%8h620.23−0.110%$2.7M$3.2Mas long as short
Nado AMD-PERP+0.0521%1h619.97−0.153%$318K$167K10xas long as short
BloFin AMD-USDT+0.0525%8h620.85−0.010%$6K$545K20xas long as short
Bitget AMDUSDT+0.0538%8h620.79−0.020%$10.1M$18.1M20xas long as short
Binance AMDUSDTlong+0.0540%8h620.92long leg$75.7M$192.2M25x
Extended AMD_24_5-USD+0.0544%1h620.81−0.016%$464K$1.5M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0750%1h620.56−0.057%$77K$163K10xas long as short
Arcus AMD-USD+0.0919%1h620.62−0.048%$145K$265K10xas long as short