Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0879%/8h= +96.2% APRpaid last 24h +0.145%

Price spread now: Binance against edgeX+0.005%50s7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.359% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 2 days (all we have)+0.047%+$5 · spread now +0.005%, 7d avg −0.018%

Together, before fees+0.139%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Binance is 0.023% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.018%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% 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	edgeX AMDUSDC	616.54	−0.0461	get 0.0230% / 4h	2h 02m	$81K	$1.6M	10x
Short	Binance AMDUSDT	616.57	0.0418	get 0.0418% / 8h	2h 02m	$74.9M	$193.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.005%Rate

Funding earned: $184.53
Price spread: +0.005% → −0.018%: $2.3
Slippage, 4 orders: −$16.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $150.91
Costs to cover: 0.359%
Break-even: 1.3 days

Slippage from edgeX: live order book, 1 min ago; Binance: live order book, 11 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 edgeX live order book, 1 min ago	4.22 bp	11.9 bp −$12	31.5 bp −$315	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.08 bp	7.5 bp −$8	13.8 bp −$138	58.2 bp −$5,817	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 AMDUSDClong	−0.0461%	4h	616.54	long leg	$81K	$1.6M	10x
OKX AMD-USDT-SWAP	0.0000%	8h	616.39	−0.024%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	616.48	−0.010%	$4.3M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.58	+0.006%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.21	−0.054%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.07	−0.076%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.13	−0.067%	$866K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.782%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.09	+0.089%	—	$949K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	616.07	−0.076%	$24.9M	$95.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	616.24	−0.049%	$405K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.69	−0.138%	$1.4M	$4.8M	10x	as long as short
SoDEX AMD-USD	+0.0054%	1h	616.38	−0.026%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0056%	1h	616.27	−0.044%	$574K	$2.7M	10x	as long as short
Aster AMDUSDT	+0.0075%	8h	616.68	+0.023%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.45	−0.015%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.02	−0.084%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.13	−0.067%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.47	−0.011%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.128%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	615.96	−0.094%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.81	+0.043%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0298%	1h	615.82	−0.117%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0348%	8h	616.55	+0.002%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0366%	8h	616.51	−0.005%	$2.7M	$3.1M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0367%	1h	616.33	−0.034%	$77K	$163K	10x	as long as short
BloFin AMD-USDT	+0.0409%	8h	616.61	+0.011%	$6K	$541K	20x	as long as short
Extended AMD_24_5-USD	+0.0416%	1h	616.49	−0.007%	$456K	$1.5M	10x	as long as short
Binance AMDUSDTshort	+0.0418%	8h	616.57	+0.005%	$74.9M	$193.0M	25x
Bitget AMDUSDT	+0.0464%	8h	616.57	+0.005%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.46	−0.013%	$142K	$282K	10x	as long as short