Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0330%/8h= +36.2% APRpaid last 24h −0.099%

Price spread now: tradeXYZ against BloFin−0.141%48s7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as 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−$350.352% of the position

Long on BloFin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.141%, 7d avg −0.082%

Together, before fees+0.088%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.059% cheaper against BloFin than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.082%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour. The two prices were read 48 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 -0.093% in total (about -4.9% 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	623.19	0.0594	pay 0.0594% / 8h	7h 52m	$6K	$548K	20x
Short	tradeXYZ xyz:AMD	622.31	0.0925	get 0.0116% / 1h	52m 26s	$25.0M	$93.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.141%Rate

Funding earned: $69.39
Price spread: −0.141% → −0.082%: −$5.91
Slippage, 4 orders: −$5.18
Fee BloFin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $28.31
Costs to cover: 0.352%
Break-even: 4.1 days

Slippage from BloFin: live order book, 19 min ago; tradeXYZ: live order book, 7 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, 19 min ago	0.08 bp	8.7 bp −$9	12.0 bp −$120	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.16 bp	9.2 bp −$9	9.4 bp −$94	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	−0.0701%	4h	622.81	−0.061%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.10	−0.014%	$2K	$8.8M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.18	−0.002%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.26	−0.149%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.841%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	623.57	+0.061%	—	$924K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.40	−0.127%	$1.5M	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.82	−0.059%	$2.3M	$13.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.30	−0.143%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.78	−0.066%	$80K	$259K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.86	−0.053%	$380	$6K	10x	as long as short
Lighter AMD	+0.0104%	1h	622.34	−0.136%	$535K	$2.3M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.59	−0.096%	$312K	$1.8M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0200%	8h	622.74	−0.072%	$6.9M	$28.4M	25x	as long as short
Phoenix AMD	+0.0219%	1h	622.53	−0.106%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	621.72	−0.235%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0235%	8h	621.64	−0.249%	$72K	$416K	50x	as long as short
Gate AMD_USDT	+0.0309%	8h	623.04	−0.024%	$4.5M	$13.2M	50x	as long as short
Nado AMD-PERP	+0.0410%	1h	621.71	−0.238%	$318K	$166K	10x	as long as short
HTX AMD-USDT	+0.0457%	8h	622.93	−0.042%	$132K	$579K	20x	as long as short
Variational Omni AMD	+0.0513%	8h	622.74	−0.072%	$2.6M	$3.2M	—	as long as short
Binance AMDUSDT	+0.0575%	8h	623.12	−0.011%	$75.9M	$191.7M	25x	as long as short
Extended AMD_24_5-USD	+0.0576%	1h	622.85	−0.055%	$464K	$1.6M	10x	as long as short
BloFin AMD-USDTlong	+0.0594%	8h	623.19	long leg	$6K	$548K	20x
Bitget AMDUSDT	+0.0612%	8h	623.02	−0.027%	$10.1M	$17.6M	20x	as long as short
SoDEX AMD-USD	+0.0716%	1h	622.80	−0.063%	$26K	$24K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.69	−0.080%	$144K	$265K	10x	as long as short
tradeXYZ xyz:AMDshort	+0.0925%	1h	622.31	−0.141%	$25.0M	$93.1M	10x
Deribit AMD_USDC-PERPETUAL	+0.0940%	1h	622.80	−0.063%	$78K	$151K	10x	as long as short
Polymarket Perps AMD-USD	+0.0961%	1h	622.76	−0.069%	$397K	$1.5M	10x	as long as short
GRVT AMD_USDT_Perp	+0.1240%	8h	623.24	+0.007%	$17K	$132K	10x	as long as short