Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1017%/8h= −111.3% APRpaid last 24h −0.088%

Price spread now: edgeX against Bitget−0.112%84s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.479% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.112%, 7d avg −0.001%

Together, before fees+0.053%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.111% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 84 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 -0.063% in total (about -3.3% 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	Bitget AMDUSDT	620.74	0.0537	pay 0.0537% / 8h	8m 12s	$10.1M	$18.0M	20x
Short	edgeX AMDUSDC	620.04	−0.0480	pay 0.0240% / 4h	8m 12s	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$213.5
Price spread: −0.112% → −0.001%: −$11.12
Slippage, 4 orders: −$26.87
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$272.49
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 1 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 Bitget live order book, 1 min ago	1.69 bp	11.4 bp −$11	20.7 bp −$207	41.8 bp −$4,179	doesn't fit
Sell edgeX live order book, 1 min ago	4.75 bp	10.4 bp −$10	30.3 bp −$303	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 AMDUSDCshort	−0.0480%	4h	620.04	−0.112%	$81K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	620.93	+0.031%	$4.4M	$13.7M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.60	−0.023%	$2K	$8.9M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.41	−0.053%	$132K	$579K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.89	+0.024%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.31	−0.069%	$837K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.453%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.57	+0.134%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.29	−0.072%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.00	−0.119%	$1.5M	$4.9M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMD-USD	+0.0078%	1h	620.59	−0.024%	$25K	$24K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.50	−0.039%	$2.3M	$13.6M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	620.38	−0.058%	$311K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.33	−0.066%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.05	−0.111%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.49	−0.040%	$378	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0123%	1h	620.28	−0.074%	$24.9M	$94.4M	10x	as long as short
Lighter AMD	+0.0128%	1h	620.37	−0.060%	$528K	$2.5M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0162%	8h	620.57	−0.027%	$6.8M	$28.6M	25x	as long as short
Aster AMDUSDT	+0.0201%	8h	620.65	−0.014%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0207%	1h	619.69	−0.169%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.96	+0.036%	$11K	—	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0427%	1h	620.42	−0.052%	$77K	$162K	10x	as long as short
Nado AMD-PERP	+0.0449%	1h	620.09	−0.105%	$318K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0470%	8h	620.37	−0.059%	$17K	$133K	10x	as long as short
Variational Omni AMD	+0.0493%	8h	620.28	−0.075%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0527%	8h	620.57	−0.027%	$6K	$546K	20x	as long as short
Bitget AMDUSDTlong	+0.0537%	8h	620.74	long leg	$10.1M	$18.0M	20x
Binance AMDUSDT	+0.0541%	8h	620.74	0.000%	$75.6M	$192.5M	25x	as long as short
Extended AMD_24_5-USD	+0.0544%	1h	620.67	−0.012%	$464K	$1.5M	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.48	−0.042%	$145K	$264K	10x	as long as short