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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Coinbase International+0.085%75s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.085%, 7d avg +0.114%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.114%). If the spread goes back, that is −$3 on $10k: about 8.1 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.117% in total) that is about 42 hours. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMD-PERP-INTX621.550.0088pay 0.0011% / 1h56m 21s$316K$1.9M10x
ShortApeX Omni AMDUSDT622.080.0100get 0.0013% / 1h56m 21s$80K$258K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$2.52
Price spread: +0.085% → +0.114%
−$2.9
Slippage, 4 orders
−$18.48
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$38.86
Costs to cover
0.385%
Break-even
115.0 days
Slippage from Coinbase International: live order book, 2 min ago; ApeX Omni: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago3.94 bp8.9 bp −$913.2 bp −$132doesn't fitdoesn't fit
Sell ApeX Omni live order book, 60 min ago5.30 bp10.3 bp −$1010.4 bp −$104doesn't fitdoesn't fit

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−0.0021%4h622.40+0.136%$79K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h622.19+0.103%$4.5M$13.6M50xas long as short
Bitget AMDUSDT0.0000%8h622.32+0.124%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h622.14+0.095%$2K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.51−0.006%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h621.90+0.056%$118K$622K20xas long as short
Phemex AMDUSDT0.0000%8h622.16+0.098%$1.8M$460K10xas long as short
Lighter AMD+0.0032%1h621.90+0.056%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.83+0.045%$846K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.582%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.55+0.161%$145K$266K10xas long as short
QFEX AMD-USD+0.0049%1h622.19+0.103%$2.1M$11.6M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.80+0.040%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.98+0.069%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.50−0.008%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0065%1h623.59+0.328%$923K25xas long as short
Coinbase International AMD-PERP-INTXlong+0.0088%1h621.55long leg$316K$1.9M10x
Nado AMD-PERP+0.0096%1h621.91+0.058%$268K$230K10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.89+0.055%$1.9M$291K20xas long as short
ApeX Omni AMDUSDTshort+0.0100%1h622.08+0.085%$80K$258K50x
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.98+0.069%$372$6K10xas long as short
tradeXYZ xyz:AMD+0.0161%1h621.87+0.051%$23.6M$94.5M10xas long as short
Phoenix AMD+0.0206%1h622.28+0.117%$2K$90K10xas long as short
Aevo AMD-PERP+0.0224%1h622.30+0.120%$11K10xas long as short
Aster AMDUSDT+0.0228%8h621.83+0.046%$72K$412K50xas long as short
OKX AMD-USDT-SWAP+0.0230%8h621.97+0.068%$6.9M$28.2M25xas long as short
GRVT AMD_USDT_Perp+0.0303%8h622.56+0.162%$18K$151K10xas long as short
Variational Omni AMD+0.0526%8h622.92+0.221%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0582%8h622.01+0.074%$72.9M$195.9M25xas long as short
Extended AMD_24_5-USD+0.0584%1h621.94+0.063%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0601%8h622.52+0.156%$7K$550K20xas long as short