Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0390%/8h= −42.7% APRpaid last 24h −0.033%

Price spread now: Orderly against Deribit+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.076% dearer against Deribit than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	622.13	0.0490	pay 0.0061% / 1h	38m 44s	$77K	$151K	10x
Short	Orderly PERP_AMD_USDC_mythos	622.60	0.0100	get 0.0100% / 8h	7h 38m	$372	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.076%Rate

Funding earned: −$81.89
Price spread: +0.076% → 0.000%: $7.55
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$87.33
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 35 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 35 min ago	6.94 bp	10.4 bp −$10	14.6 bp −$146	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0117%	4h	623.19	+0.170%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.64	+0.082%	$2K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.60	+0.076%	$1.8M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.08	−0.008%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.673%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0049%	1h	623.64	+0.243%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.63	−0.080%	$1.5M	$4.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.78	+0.104%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.06	−0.011%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	622.60	+0.076%	$372	$6K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+0.146%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.13	0.000%	$539K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	+0.119%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0232%	8h	622.42	+0.047%	$6.9M	$28.3M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.74	+0.098%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0249%	8h	622.61	+0.077%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0295%	8h	621.47	−0.107%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0342%	1h	622.39	+0.042%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0403%	1h	621.84	−0.047%	$25.0M	$93.2M	10x	as long as short
Polymarket Perps AMD-USD	+0.0417%	1h	622.34	+0.034%	$397K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0425%	1h	622.10	−0.005%	$319K	$171K	10x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0490%	1h	622.13	long leg	$77K	$151K	10x
ApeX Omni AMDUSDT	+0.0498%	1h	622.80	+0.108%	$80K	$258K	50x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.173%	$2.6M	$3.2M	—	as long as short
HTX AMD-USDT	+0.0625%	8h	622.40	+0.043%	$132K	$579K	20x	as long as short
Extended AMD_24_5-USD	+0.0640%	1h	622.51	+0.062%	$466K	$2.3M	10x	as long as short
Binance AMDUSDT	+0.0647%	8h	622.62	+0.079%	$75.9M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0665%	8h	622.66	+0.085%	$6K	$550K	20x	as long as short
Bitget AMDUSDT	+0.0746%	8h	622.60	+0.076%	$10.2M	$17.6M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.20	+0.172%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1770%	8h	623.46	+0.213%	$18K	$131K	10x	as long as short