Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0543%/8h= +59.5% APRpaid last 24h +0.075%

Price spread now: tradeXYZ against edgeX−0.090%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on edgeX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.090%, 7d avg −0.074%

Together, before fees+0.124%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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	617.00	−0.0456	get 0.0228% / 4h	1h 48m	$81K	$1.6M	10x
Short	tradeXYZ xyz:AMD	616.44	0.0087	get 0.0011% / 1h	48m 56s	$24.9M	$95.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.090%Rate

Funding earned: $114.11
Price spread: −0.090% → −0.074%: −$1.58
Slippage, 4 orders: −$12.99
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $72.55
Costs to cover: 0.400%
Break-even: 2.5 days

Slippage from edgeX: live order book, 5 min ago; tradeXYZ: 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, 5 min ago	4.13 bp	11.5 bp −$12	31.0 bp −$310	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.08 bp	9.5 bp −$9	10.7 bp −$107	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	−0.0456%	4h	617.00	long leg	$81K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	616.89	−0.017%	$4.3M	$13.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	617.06	+0.010%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.61	−0.062%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.91	−0.014%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0005%	8h	616.74	−0.041%	$6.8M	$28.5M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	616.36	−0.103%	$826K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.855%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.38	+0.062%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	616.55	−0.072%	$406K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	615.97	−0.166%	$1.4M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.41	−0.095%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.88	−0.019%	$2.3M	$13.2M	10x	as long as short
Aster AMDUSDT	+0.0082%	8h	616.93	−0.011%	$71K	$414K	50x	as long as short
tradeXYZ xyz:AMDshort	+0.0087%	1h	616.44	−0.090%	$24.9M	$95.7M	10x
KuCoin AMDUSDTM	+0.0100%	8h	616.28	−0.116%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.89	−0.017%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.73	−0.043%	$376	$6K	10x	as long as short
Phoenix AMD	+0.0169%	1h	616.50	−0.080%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	617.10	+0.017%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0210%	1h	616.79	−0.033%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0216%	1h	616.50	−0.080%	$539K	$2.6M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0360%	8h	616.98	−0.002%	$18K	$140K	10x	as long as short
Variational Omni AMD	+0.0374%	8h	617.01	+0.003%	$2.7M	$3.1M	—	as long as short
BloFin AMD-USDT	+0.0407%	8h	617.04	+0.007%	$6K	$541K	20x	as long as short
Nado AMD-PERP	+0.0421%	1h	615.96	−0.167%	$314K	$166K	10x	as long as short
Binance AMDUSDT	+0.0429%	8h	617.11	+0.019%	$75.0M	$192.9M	25x	as long as short
Extended AMD_24_5-USD	+0.0432%	1h	617.00	+0.001%	$456K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0478%	8h	616.85	−0.024%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	616.69	−0.050%	$142K	$282K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0854%	1h	616.67	−0.053%	$77K	$163K	10x	as long as short