Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.024%

Price spread now: SunX against Coinbase International+0.173%7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2752.753% of the position

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.173%, 7d avg +0.133%

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

The price spread pays, funding is against you. SunX is 0.039% dearer against Coinbase International than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.133%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMD-PERP-INTX	619.97	0.0136	pay 0.0017% / 1h	39m 02s	$300K	$1.8M	10x
Short	SunX AMD-USDT	621.04	0	get 0.0000% / 8h	5h 39m	$2K	$8.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.173%Rate

Funding earned: −$28.56
Price spread: +0.173% → +0.133%: $3.94
Slippage, 4 orders: −$257.3
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$299.92
Costs to cover: 2.753%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; SunX: live order book, 10 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, 5 min ago	2.66 bp	9.0 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	45.00 bp	130.4 bp −$130	doesn't fit	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	−0.0923%	4h	620.60	+0.102%	$81K	$1.6M	10x	as long as short
SunX AMD-USDTshort	0.0000%	8h	621.04	+0.173%	$2K	$8.3M	10x
HTX AMD-USDT	0.0000%	8h	621.00	+0.166%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.18	+0.195%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0001%	8h	621.31	+0.216%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.61	+0.103%	$844K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.331%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.56	+0.095%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.60	+0.102%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.78	−0.031%	$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	+0.0055%	1h	621.72	+0.282%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0077%	8h	621.24	+0.205%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.95	+0.158%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.47	+0.081%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.27	+0.048%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.09	+0.181%	$371	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0129%	1h	620.66	+0.111%	$25.1M	$93.5M	10x	as long as short
Coinbase International AMD-PERP-INTXlong	+0.0136%	1h	619.97	long leg	$300K	$1.8M	10x
SoDEX AMD-USD	+0.0145%	1h	620.96	+0.160%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0208%	1h	620.71	+0.119%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.22	+0.040%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.44	+0.238%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0298%	8h	621.04	+0.173%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0298%	1h	620.29	+0.051%	$268K	$213K	10x	as long as short
Aster AMDUSDT	+0.0402%	8h	620.72	+0.121%	$72K	$412K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0524%	1h	620.66	+0.111%	$77K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0713%	8h	620.49	+0.085%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0716%	8h	620.48	+0.082%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0775%	8h	621.30	+0.215%	$7K	$548K	20x	as long as short
Extended AMD_24_5-USD	+0.0776%	1h	621.03	+0.171%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0776%	8h	621.31	+0.216%	$75.6M	$190.0M	25x	as long as short