Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.3% APRpaid last 24h +0.066%

Price spread now: Phemex against edgeX+0.046%78s7-day average −0.003% · you sell dearer than you buy

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

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.046%, 7d avg −0.003%

Together, before fees−0.216%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phemex is 0.049% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMDUSDC	621.64	−0.0104	get 0.0052% / 4h	25m 55s	$79K	$1.6M	10x
Short	Phemex AMDUSDT	621.93	0	get 0.0000% / 8h	4h 25m	$1.8M	$458K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.046%Rate

Funding earned: $21.76
Price spread: +0.046% → −0.003%: $4.95
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: $5.7
Costs to cover: 0.210%
Break-even: 5.2 days

Slippage unknown: edgeX: live order book, 3 min ago; Phemex: live order book, 2 min ago. 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 edgeX live order book, 3 min ago	5.55 bp	11.9 bp −$12	34.5 bp −$345	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	13.38 bp	doesn't fit	doesn't fit	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	−0.0104%	4h	621.64	long leg	$79K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	621.88	+0.038%	$4.5M	$13.5M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	621.88	+0.038%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	621.31	−0.054%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.16	−0.078%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.38	−0.042%	$121K	$614K	20x	as long as short
Phemex AMDUSDTshort	0.0000%	8h	621.93	+0.046%	$1.8M	$458K	10x
Lighter AMD	+0.0032%	1h	621.58	−0.010%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.57	−0.012%	$839K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.596%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	621.46	−0.029%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	621.43	−0.034%	$23.7M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.20	−0.071%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	621.57	−0.012%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.60	−0.168%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	622.75	+0.178%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.21	−0.070%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0085%	1h	621.36	−0.046%	$269K	$225K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.46	−0.029%	$1.9M	$287K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.75	−0.144%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.59	−0.009%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	621.21	−0.070%	$316K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	621.30	−0.055%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	621.93	+0.046%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0251%	8h	621.56	−0.013%	$6.9M	$28.1M	25x	as long as short
Aster AMDUSDT	+0.0293%	8h	621.53	−0.019%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0409%	8h	621.69	+0.008%	$18K	$145K	10x	as long as short
Variational Omni AMD	+0.0588%	8h	621.72	+0.013%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0648%	1h	621.51	−0.022%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0651%	8h	621.75	+0.017%	$73.3M	$194.6M	25x	as long as short
BloFin AMD-USDT	+0.0674%	8h	621.53	−0.018%	$7K	$549K	20x	as long as short