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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0464%/8h= +50.8% APRpaid last 24h +0.030%
Price spread now: Bitget against Coinbase International+0.103%47s7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.103%, 7d avg +0.130%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.027% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.103% now, against its 7-day average of +0.130%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). The two prices were read 47 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 -0.011% in total (about -0.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMD-PERP-INTX619.630.0080pay 0.0010% / 1h33m 27s$312K$1.8M10x
ShortBitget AMDUSDT620.270.0544get 0.0544% / 8h33m 27s$10.1M$18.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$97.44
Price spread: +0.103% → +0.130%
−$2.7
Slippage, 4 orders
−$14.19
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$58.55
Costs to cover
0.362%
Break-even
2.8 days
Slippage from Coinbase International: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago1.29 bp6.7 bp −$713.7 bp −$137doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.37 bp12.3 bp −$1224.7 bp −$247doesn'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−0.0554%4h620.45+0.133%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.51+0.142%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h620.26+0.102%$1K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h619.99+0.058%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h620.27+0.103%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.01+0.061%$835K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.277%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.23+0.258%$950K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h620.00+0.060%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.60−0.005%$1.5M$4.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.23+0.097%$2.3M$13.5M10xas long as short
Coinbase International AMD-PERP-INTXlong+0.0080%1h619.63long leg$312K$1.8M10x
KuCoin AMDUSDTM+0.0100%8h620.08+0.073%$1.9M$314K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.11+0.077%$378$6K10xas long as short
tradeXYZ xyz:AMD+0.0121%1h619.94+0.050%$24.8M$94.6M10xas long as short
ApeX Omni AMDUSDT+0.0129%1h620.18+0.089%$80K$259K50xas long as short
OKX AMD-USDT-SWAP+0.0137%8h620.26+0.102%$6.8M$28.6M25xas long as short
SoDEX AMD-USD+0.0139%1h620.05+0.068%$25K$24K10xas long as short
Lighter AMD+0.0184%1h620.07+0.071%$525K$2.5M10xas long as short
Phoenix AMD+0.0207%1h620.01+0.061%$2K$92K10xas long as short
Aster AMDUSDT+0.0215%8h620.35+0.116%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h620.41+0.126%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0347%1h620.02+0.063%$77K$163K10xas long as short
Nado AMD-PERP+0.0488%1h619.80+0.028%$317K$167K10xas long as short
GRVT AMD_USDT_Perp+0.0490%8h620.50+0.141%$17K$134K10xas long as short
Variational Omni AMD+0.0500%8h620.42+0.128%$2.7M$3.2Mas long as short
Bitget AMDUSDTshort+0.0544%8h620.27+0.103%$10.1M$18.0M20x
Binance AMDUSDT+0.0548%8h620.30+0.108%$75.6M$192.4M25xas long as short
Extended AMD_24_5-USD+0.0552%1h620.16+0.086%$464K$1.5M10xas long as short
BloFin AMD-USDT+0.0567%8h620.36+0.118%$6K$545K20xas long as short
Arcus AMD-USD+0.0919%1h620.21+0.094%$145K$265K10xas long as short