Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0866%/8h= +94.8% APRpaid last 24h +0.092%

Price spread now: SunX against edgeX+0.183%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$281as in the Funding arb table

Net, price: spread back to 7d avg − costs−$265as in the Price arb table

costs, in and out, $10k−$2832.829% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.183%, 7d avg +0.002%

Together, before fees−0.255%+ Points / potential airdropedgeX: Active · farm board−$25 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 SunX is 0.181% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.002%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% 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	618.51	−0.0866	get 0.0433% / 4h	3h 30m	$78K	$1.7M	10x
Short	SunX AMD-USDT	619.64	0	get 0.0000% / 8h	3h 30m	$1K	$8.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.183%Rate

Funding earned: $181.86
Price spread: +0.183% → +0.002%: $18.1
Slippage, 4 orders: −$265.89
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$82.92
Costs to cover: 2.829%
Break-even: 10.2 days

Slippage from edgeX: live order book, 3 min ago; SunX: live order book, 8 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, 3 min ago	5.34 bp	10.7 bp −$11	34.7 bp −$347	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	45.26 bp	132.0 bp −$132	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	−0.0866%	4h	618.51	long leg	$78K	$1.7M	10x
Gate AMD_USDT	0.0000%	8h	619.86	+0.219%	$4.5M	$13.7M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	619.87	+0.220%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDTshort	0.0000%	8h	619.64	+0.183%	$1K	$8.2M	10x
HTX AMD-USDT	0.0000%	8h	619.52	+0.164%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.11	+0.098%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.16	+0.106%	$831K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	+0.088%	$2K	$57K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	619.06	+0.089%	$144K	$265K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	619.33	+0.133%	$2.1M	$11.6M	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	619.12	+0.099%	$397K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	619.43	+0.149%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.52	+0.002%	$1.3M	$4.4M	10x	as long as short
Lighter AMD	+0.0056%	1h	619.45	+0.152%	$547K	$2.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	620.25	+0.282%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0082%	1h	618.58	+0.012%	$265K	$234K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	617.90	−0.098%	$313K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.11	+0.098%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	618.88	+0.060%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.45	+0.152%	$370	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0121%	1h	619.47	+0.156%	$23.5M	$94.4M	10x	as long as short
Phoenix AMD	+0.0141%	1h	618.73	+0.036%	$2K	$90K	10x	as long as short
Aster AMDUSDT	+0.0173%	8h	619.16	+0.105%	$69K	$414K	50x	as long as short
OKX AMD-USDT-SWAP	+0.0208%	8h	619.64	+0.183%	$6.8M	$28.2M	25x	as long as short
Aevo AMD-PERP	+0.0216%	1h	619.67	+0.188%	$11K	—	10x	as long as short
GRVT AMD_USDT_Perp	+0.0238%	8h	618.78	+0.044%	$17K	$157K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0267%	1h	619.02	+0.083%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0452%	8h	619.69	+0.191%	$2.5M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0519%	8h	619.85	+0.217%	$6K	$549K	20x	as long as short
Binance AMDUSDT	+0.0524%	8h	619.78	+0.206%	$72.7M	$196.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0528%	1h	619.60	+0.177%	$461K	$1.9M	10x	as long as short