Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.049%

Price spread now: OKX against Deribit+0.042%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on Deribit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.123%−$12 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now +0.042%, 7d avg −0.013%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.055% dearer against Deribit than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.013%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 5 days (−0.123% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	620.69	0.0476	pay 0.0059% / 1h	35m 01s	$77K	$151K	10x
Short	OKX AMD-USDT-SWAP	620.95	0.0302	get 0.0302% / 8h	5h 35m	$6.9M	$27.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Deribit. 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 DeribitbpFee OKXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$36.55
Price spread: +0.042% → −0.013%: $5.52
Slippage, 4 orders: −$16.9
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.93
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from Deribit: live order book, 28 min ago; OKX: live order book, 4 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 Deribit live order book, 28 min ago	4.27 bp	7.8 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.16 bp	7.6 bp −$8	10.5 bp −$105	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	−0.0941%	4h	621.34	+0.104%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.18	+0.079%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.06	+0.060%	$122K	$597K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.25	+0.090%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0004%	8h	621.26	+0.092%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.67	−0.003%	$850K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.445%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.08	+0.063%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.76	+0.011%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.36	−0.053%	$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	621.91	+0.197%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0075%	8h	621.24	+0.089%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.98	+0.047%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.47	−0.035%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.01	+0.052%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.16	+0.076%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	0.000%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0145%	1h	620.64	−0.008%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0201%	1h	620.98	+0.047%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0224%	1h	620.83	+0.023%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.00	+0.050%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.47	+0.126%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAPshort	+0.0302%	8h	620.95	+0.042%	$6.9M	$27.9M	25x
Nado AMD-PERP	+0.0313%	1h	620.47	−0.035%	$268K	$213K	10x	as long as short
Aster AMDUSDT	+0.0405%	8h	620.66	−0.004%	$72K	$412K	50x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0476%	1h	620.69	long leg	$77K	$151K	10x
GRVT AMD_USDT_Perp	+0.0709%	8h	621.43	+0.119%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0719%	8h	621.22	+0.086%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0776%	1h	621.00	+0.050%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0780%	8h	621.17	+0.078%	$75.6M	$190.0M	25x	as long as short
BloFin AMD-USDT	+0.0791%	8h	621.11	+0.068%	$7K	$548K	20x	as long as short