Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0657%/8h= −71.9% APRpaid last 24h −0.078%

Price spread now: ApeX Omni against BloFin−0.103%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

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

costs, in and out, $10k−$370.370% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.103%, 7d avg −0.022%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and ApeX Omni is 0.081% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.022%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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	BloFin AMD-USDT	621.40	0.0757	pay 0.0757% / 8h	5h 33m	$7K	$548K	20x
Short	ApeX Omni AMDUSDT	620.76	0.0100	get 0.0013% / 1h	33m 07s	$80K	$257K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now −0.103%Rate

Funding earned: −$137.94
Price spread: −0.103% → −0.022%: −$8.11
Slippage, 4 orders: −$14.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$183.03
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; ApeX Omni: live order book, 29 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 BloFin live order book, 8 min ago	0.08 bp	6.7 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 29 min ago	5.23 bp	10.2 bp −$10	30.2 bp −$302	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	−0.0724%	4h	621.10	−0.048%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.36	−0.006%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.18	−0.035%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.88	−0.084%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0006%	8h	621.32	−0.013%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.54	−0.138%	$850K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.558%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.12	−0.045%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.80	−0.097%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.93	−0.237%	$1.5M	$4.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0056%	1h	621.91	+0.082%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0071%	8h	621.31	−0.014%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.13	−0.043%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.36	−0.167%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	620.76	−0.103%	$80K	$257K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.10	−0.048%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.114%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0155%	1h	620.66	−0.119%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0210%	1h	621.04	−0.058%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0240%	1h	620.70	−0.113%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.75	−0.105%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.55	+0.024%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0304%	8h	621.06	−0.055%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0317%	1h	620.18	−0.197%	$268K	$213K	10x	as long as short
Aster AMDUSDT	+0.0405%	8h	620.64	−0.122%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0711%	8h	621.15	−0.041%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0719%	8h	621.22	−0.028%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDTlong	+0.0757%	8h	621.40	long leg	$7K	$548K	20x
Binance AMDUSDT	+0.0781%	8h	621.30	−0.017%	$75.6M	$190.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	621.07	−0.053%	$463K	$1.9M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0943%	1h	620.80	−0.097%	$77K	$151K	10x	as long as short