Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0712%/8h= +78.0% APRpaid last 24h +0.214%

Price spread now: Extended against edgeX−0.110%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 7 days+0.211%+$21 · spread now −0.110%, 7d avg −0.026%

Together, before fees+0.452%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.084% cheaper against edgeX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.026%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.240% in total) that is about 2.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% 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	614.16	−0.0368	get 0.0184% / 4h	1h 59m	$72K	$1.7M	10x
Short	Extended AMD_24_5-USD	613.48	0.0344	get 0.0043% / 1h	59m 11s	$457K	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.110%Rate

Funding earned: $149.56
Price spread: −0.110% → −0.026%: −$8.41
Slippage, 4 orders: −$22.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $104.21
Costs to cover: 0.369%
Break-even: 2.1 days

Slippage from edgeX: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago	5.86 bp	11.0 bp −$11	31.4 bp −$314	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.65 bp	6.8 bp −$7	52.3 bp −$523	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 AMDUSDClong	−0.0368%	4h	614.16	long leg	$72K	$1.7M	10x
Bitget AMDUSDT	−0.0260%	8h	614.01	−0.024%	$10.3M	$17.4M	20x	as long as short
Gate AMD_USDT	0.0000%	8h	614.07	−0.014%	$4.4M	$14.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.85	−0.050%	$2K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	613.02	−0.185%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.66	−0.081%	$105K	$641K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.18	−0.159%	$1.7M	$462K	10x	as long as short
Aster AMDUSDT	+0.0012%	8h	613.72	−0.072%	$70K	$416K	50x	as long as short
Lighter AMD	+0.0032%	1h	613.48	−0.110%	$525K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.34	−0.133%	$812K	$4.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0032%	1h	613.84	−0.052%	$2.1M	$11.6M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	614.04	−0.019%	$137K	$275K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.62	+0.075%	—	$925K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.52	−0.104%	$395K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	613.55	−0.099%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	613.28	−0.143%	$1.4M	$5.4M	10x	as long as short
Nado AMD-PERP	+0.0056%	1h	613.45	−0.115%	$255K	$241K	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.80	−10.153%	$2K	$59K	12x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	613.50	−0.107%	$1.9M	$293K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	614.00	−0.026%	$79K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.46	−0.113%	$367	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0110%	8h	613.52	−0.104%	$6.6M	$29.1M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	613.59	−0.092%	$317K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0154%	8h	614.27	+0.018%	$19K	$171K	10x	as long as short
Aevo AMD-PERP	+0.0168%	1h	613.73	−0.070%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	613.90	−0.042%	$2K	$89K	10x	as long as short
tradeXYZ xyz:AMD	+0.0198%	1h	613.52	−0.104%	$23.1M	$95.1M	10x	as long as short
Variational Omni AMD	+0.0255%	8h	614.42	+0.042%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0342%	8h	613.74	−0.068%	$72.2M	$203.4M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0344%	1h	613.48	−0.110%	$457K	$3.1M	10x
BloFin AMD-USDT	+0.0353%	8h	613.68	−0.078%	$6K	$549K	20x	as long as short