Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0473%/8h= +51.8% APRpaid last 24h −0.031%

Price spread now: HTX against Coinbase International+0.181%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$16 on $10k

Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.181%, 7d avg +0.125%

Together, before fees−0.253%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and HTX is 0.056% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.125%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% 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	Coinbase International AMD-PERP-INTX	623.02	0.0112	pay 0.0014% / 1h	6m 55s	$300K	$1.8M	10x
Short	HTX AMD-USDT	624.15	0.0585	get 0.0585% / 8h	7h 06m	$132K	$579K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HTXbpOrdersPrice spread, now +0.181%Rate

Funding earned: $99.33
Price spread: +0.181% → +0.125%: $5.62
Slippage, 4 orders: −$17.38
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $65.56
Costs to cover: 0.394%
Break-even: 2.4 days

Slippage from Coinbase International: live order book, 2 min ago; HTX: live order book, 2 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 Coinbase International live order book, 2 min ago	3.77 bp	8.8 bp −$9	11.4 bp −$114	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	3.05 bp	11.0 bp −$11	21.4 bp −$214	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	−0.0797%	4h	623.99	+0.156%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	624.38	+0.218%	$1K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	624.24	+0.196%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.41	+0.063%	$853K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.814%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.84	−0.029%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0059%	1h	624.97	+0.313%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	624.11	+0.175%	$2.2M	$12.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.62	+0.096%	$1.9M	$302K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	624.05	+0.165%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTXlong	+0.0112%	1h	623.02	long leg	$300K	$1.8M	10x
Lighter AMD	+0.0176%	1h	623.51	+0.079%	$546K	$2.4M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.71	+0.111%	$2K	$92K	10x	as long as short
Polymarket Perps AMD-USD	+0.0237%	1h	623.75	+0.117%	$398K	$1.5M	10x	as long as short
Gate AMD_USDT	+0.0238%	8h	624.11	+0.175%	$4.5M	$13.6M	50x	as long as short
tradeXYZ xyz:AMD	+0.0270%	1h	623.37	+0.056%	$25.3M	$93.2M	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	624.36	+0.215%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0283%	8h	623.47	+0.072%	$7.0M	$28.3M	25x	as long as short
SoDEX AMD-USD	+0.0344%	1h	623.83	+0.130%	$26K	$24K	10x	as long as short
Aster AMDUSDT	+0.0405%	8h	622.60	−0.067%	$72K	$416K	50x	as long as short
ApeX Omni AMDUSDT	+0.0411%	1h	623.11	+0.014%	$80K	$259K	50x	as long as short
Nado AMD-PERP	+0.0420%	1h	623.27	+0.041%	$318K	$174K	10x	as long as short
HTX AMD-USDTshort	+0.0585%	8h	624.15	+0.181%	$132K	$579K	20x
Variational Omni AMD	+0.0704%	8h	623.64	+0.100%	$2.6M	$3.2M	—	as long as short
Bitget AMDUSDT	+0.0713%	8h	624.17	+0.185%	$10.4M	$17.5M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0745%	1h	623.58	+0.090%	$78K	$151K	10x	as long as short
Extended AMD_24_5-USD	+0.0768%	1h	623.88	+0.137%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0770%	8h	623.72	+0.112%	$75.9M	$190.4M	25x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.88	+0.138%	$145K	$264K	10x	as long as short
BloFin AMD-USDT	+0.0784%	8h	624.19	+0.188%	$6K	$552K	20x	as long as short
GRVT AMD_USDT_Perp	+0.1482%	8h	623.88	+0.139%	$18K	$131K	10x	as long as short