Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h +0.094%

Price spread now: Polymarket Perps against edgeX+0.032%64s7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as 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−$500.499% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.403%+$40 · spread now +0.032%, 7d avg −0.061%

Together, before fees+0.498%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Polymarket Perps is 0.093% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 64 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 0.095% in total (about 5.0% 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	620.88	−0.0242	get 0.0121% / 4h	2h 28m	$81K	$1.6M	10x
Short	Polymarket Perps AMD-USD	621.08	0.0050	get 0.0006% / 1h	28m 11s	$396K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.032%Rate

Funding earned: $61.34
Price spread: +0.032% → −0.061%: $9.31
Slippage, 4 orders: −$32.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $20.73
Costs to cover: 0.499%
Break-even: 4.6 days

Slippage from edgeX: live order book, 1 min ago; Polymarket Perps: 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, 1 min ago	9.66 bp	15.5 bp −$16	36.9 bp −$369	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.86 bp	6.3 bp −$6	6.6 bp −$66	10.2 bp −$1,016	doesn't fit

AMD on 30 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	−0.0242%	4h	620.88	long leg	$81K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	621.86	+0.158%	$1K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.47	+0.095%	$122K	$598K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.27	+0.063%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0018%	8h	621.68	+0.129%	$4.6M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.62	−0.042%	$842K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.475%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.12	+0.039%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USDshort	+0.0050%	1h	621.08	+0.032%	$396K	$1.5M	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	619.69	−0.191%	$1.5M	$4.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0061%	1h	622.05	+0.189%	—	$924K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.40	+0.084%	$2.2M	$12.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.75	−0.021%	$1.9M	$289K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.09	+0.034%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.30	+0.068%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	620.37	−0.082%	$310K	$1.8M	10x	as long as short
Lighter AMD	+0.0128%	1h	620.74	−0.022%	$550K	$2.4M	10x	as long as short
tradeXYZ xyz:AMD	+0.0155%	1h	621.04	+0.026%	$25.1M	$93.6M	10x	as long as short
SoDEX AMD-USD	+0.0169%	1h	621.50	+0.100%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0244%	1h	620.68	−0.032%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.89	+0.163%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0279%	8h	621.25	+0.060%	$6.9M	$28.2M	25x	as long as short
Nado AMD-PERP	+0.0382%	1h	620.17	−0.115%	$268K	$204K	10x	as long as short
Aster AMDUSDT	+0.0396%	8h	621.42	+0.088%	$72K	$415K	50x	as long as short
Bitget AMDUSDT	+0.0400%	8h	621.77	+0.144%	$10.3M	$17.3M	20x	as long as short
Variational Omni AMD	+0.0706%	8h	620.91	+0.005%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0767%	8h	621.67	+0.127%	$75.5M	$190.9M	25x	as long as short
Extended AMD_24_5-USD	+0.0768%	1h	621.46	+0.093%	$464K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0802%	8h	620.34	−0.086%	$17K	$132K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.1347%	1h	621.05	+0.028%	$77K	$151K	10x	as long as short