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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRnext payment $0.26 per $10,000 · paid last 24h −0.045%
Price spread now: Ondo Perps against Deribit−0.109%7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.109%, 7d avg −0.069%
Together, before fees+0.066%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.040% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.046% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMD_USDC-PERPETUAL613.540.0256pay 0.0032% / 1h17m 49s$76K$151K10x
ShortOndo Perps AMD-USD.P612.870.0050get 0.0006% / 1h17m 49s$1.3M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$43.08
Price spread: −0.109% → −0.069%
−$4.04
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$59.11
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 31 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 31 min ago3.49 bp8.0 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0813%4h612.40−0.186%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0317%8h613.82+0.046%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h613.52−0.003%$4.4M$14.2M50xas long as short
SunX AMD-USDT0.0000%8h613.62+0.013%$1K$8.1M10xas long as short
HTX AMD-USDT0.0000%8h613.84+0.049%$107K$639K20xas long as short
Phemex AMDUSDT0.0000%8h613.42−0.020%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h613.62+0.013%$526K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h613.37−0.028%$823K$4.7M10xas long as short
QFEX AMD-USD+0.0032%1h613.62+0.013%$2.1M$11.6M10xas long as short
Aster AMDUSDT+0.0035%8h613.74+0.032%$69K$415K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h612.59−0.155%$137K$273K10xas long as short
Vest AMD-USD-PERP+0.0046%1h614.16+0.101%$925K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.47−0.011%$394K$1.6M10xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h612.87−0.109%$1.3M$5.3M10x
tradeXYZ xyz:AMD+0.0050%1h613.15−0.064%$23.1M$95.0M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h613.16−0.062%$317K$1.9M10xas long as short
Nado AMD-PERP+0.0090%1h612.79−0.121%$255K$240K10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.03−0.083%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h610.52−0.492%$78K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.83+0.047%$367$6K10xas long as short
SoDEX AMD-USD+0.0110%1h613.93+0.064%$25K$24K10xas long as short
OKX AMD-USDT-SWAP+0.0120%8h613.41−0.021%$6.5M$29.0M25xas long as short
GRVT AMD_USDT_Perp+0.0143%8h611.22−0.378%$20K$168K10xas long as short
Aevo AMD-PERP+0.0176%1h614.24+0.114%$11K10xas long as short
Phoenix AMD+0.0195%1h610.83−0.442%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.150%$2K$59K12xas long as short
Deribit AMD_USDC-PERPETUALlong+0.0256%1h613.54long leg$76K$151K10x
Variational Omni AMD+0.0275%8h612.62−0.149%$2.5M$3.3Mas long as short
BloFin AMD-USDT+0.0354%8h613.50−0.007%$6K$546K20xas long as short
Binance AMDUSDT+0.0368%8h613.45−0.015%$72.0M$202.9M25xas long as short
Extended AMD_24_5-USD+0.0368%1h613.37−0.027%$457K$3.1M10xas long as short