Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0767%/8h= +84.0% APRpaid last 24h +0.129%

Price spread now: Variational Omni against edgeX+0.027%7-day average −0.009% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.122%+$12 on $10k

Price spread, last 3 days (all we have)−0.121%−$12 · spread now +0.027%, 7d avg −0.009%

Together, before fees+0.001%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Variational Omni is 0.036% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.009%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.122% in total (about 13.4% 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	620.28	−0.0270	get 0.0135% / 4h	29m 16s	$81K	$1.6M	10x
Short	Variational Omni AMD	620.44	0.0497	get 0.0497% / 8h	29m 16s	$2.7M	$3.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.027%Rate

Funding earned: $161.07
Price spread: +0.027% → −0.009%: $3.62
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $155.69
Costs to cover: 0.090%
Break-even: 0.2 days

Slippage unknown: edgeX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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, 5 min ago	4.43 bp	12.0 bp −$12	32.6 bp −$326	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.48 bp	doesn't fit	10.4 bp −$104	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	−0.0270%	4h	620.28	long leg	$81K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	620.41	+0.021%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.13	−0.024%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.97	−0.050%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.30	+0.004%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.89	−0.062%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.380%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.11	+0.134%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.82	−0.074%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.26	−0.164%	$1.5M	$4.8M	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	+0.0080%	1h	620.21	−0.011%	$2.3M	$13.5M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.104%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.96	−0.051%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.98	−0.048%	$378	$6K	10x	as long as short
ApeX Omni AMDUSDT	+0.0108%	1h	620.00	−0.045%	$80K	$258K	50x	as long as short
SoDEX AMD-USD	+0.0115%	1h	620.03	−0.040%	$25K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0122%	1h	619.75	−0.085%	$24.8M	$94.6M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0144%	8h	620.17	−0.017%	$6.8M	$28.6M	25x	as long as short
Lighter AMD	+0.0168%	1h	619.98	−0.048%	$525K	$2.5M	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.08	−0.032%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0212%	8h	620.19	−0.013%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.45	+0.028%	$11K	—	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0428%	1h	619.99	−0.046%	$77K	$163K	10x	as long as short
Nado AMD-PERP	+0.0483%	1h	619.56	−0.116%	$317K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0486%	8h	620.43	+0.025%	$17K	$134K	10x	as long as short
Variational Omni AMDshort	+0.0497%	8h	620.44	+0.027%	$2.7M	$3.2M	—
Bitget AMDUSDT	+0.0544%	8h	620.17	−0.017%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0548%	8h	620.14	−0.022%	$75.5M	$192.4M	25x	as long as short
BloFin AMD-USDT	+0.0551%	8h	620.52	+0.039%	$6K	$545K	20x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.03	−0.041%	$464K	$1.5M	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.01	−0.043%	$145K	$265K	10x	as long as short