Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.039%

Price spread now: Extended against Bitget−0.075%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days+0.144%+$14 · spread now −0.075%, 7d avg −0.053%

Together, before fees+0.163%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.022% cheaper against Bitget than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.053%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.019% in total) that is about 8.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% 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	Bitget AMDUSDT	615.12	0	get 0.0000% / 8h	2h 42m	$10.2M	$17.2M	20x
Short	Extended AMD_24_5-USD	614.66	0.0392	get 0.0049% / 1h	42m 45s	$459K	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.075%Rate

Funding earned: $82.32
Price spread: −0.075% → −0.053%: −$2.16
Slippage, 4 orders: −$25.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $37.65
Costs to cover: 0.425%
Break-even: 3.8 days

Slippage from Bitget: live order book, 1 min ago; Extended: 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	0.98 bp	13.9 bp −$14	28.0 bp −$280	71.9 bp −$7,189	doesn't fit
Sell Extended live order book, 1 min ago	0.65 bp	6.8 bp −$7	33.9 bp −$339	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	−0.0195%	4h	615.74	+0.100%	$77K	$1.7M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	−0.0108%	1h	614.21	−0.148%	$76K	$151K	10x	as long as short
Gate AMD_USDT	0.0000%	8h	614.97	−0.024%	$4.4M	$14.0M	50x	as long as short
Bitget AMDUSDTlong	0.0000%	8h	615.12	long leg	$10.2M	$17.2M	20x
SunX AMD-USDT	0.0000%	8h	614.64	−0.078%	$1K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	614.76	−0.059%	$114K	$623K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	614.12	−0.163%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	614.35	−0.125%	$532K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	614.41	−0.115%	$792K	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	614.91	−0.034%	$2.0M	$11.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AMD-PERP	+0.0033%	1h	614.58	−0.088%	$255K	$239K	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	615.51	+0.063%	$138K	$271K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	615.98	+0.140%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	614.35	−0.125%	$23.1M	$94.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	614.51	−0.099%	$402K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	614.76	−0.059%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	614.24	−0.143%	$1.3M	$5.0M	10x	as long as short
Aster AMDUSDT	+0.0058%	8h	614.70	−0.068%	$69K	$415K	50x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	615.35	+0.037%	$320K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	614.40	−0.117%	$1.9M	$297K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	615.27	+0.024%	$79K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	614.54	−0.094%	$367	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0133%	8h	614.34	−0.127%	$6.6M	$28.7M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0139%	8h	616.03	+0.148%	$20K	$165K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	614.66	−0.075%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	615.66	+0.088%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	619.05	+0.639%	$2K	$57K	12x	as long as short
Variational Omni AMD	+0.0314%	8h	615.81	+0.113%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0387%	8h	614.51	−0.099%	$71.3M	$200.1M	25x	as long as short
BloFin AMD-USDT	+0.0388%	8h	614.89	−0.037%	$6K	$547K	20x	as long as short
Extended AMD_24_5-USDshort	+0.0392%	1h	614.66	−0.075%	$459K	$3.1M	10x