Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1703%/8h= −186.5% APRpaid last 24h −0.192%

Price spread now: edgeX against Extended−0.119%93s7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as 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−$350.352% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.119%, 7d avg +0.026%

Together, before fees−0.026%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and edgeX is 0.145% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.026%). Swap the legs. The two prices were read 93 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 -0.148% in total (about -7.7% 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	Extended AMD_24_5-USD	622.82	0.0776	pay 0.0097% / 1h	49m 48s	$463K	$1.9M	10x
Short	edgeX AMDUSDC	622.08	−0.0927	pay 0.0463% / 4h	2h 49m	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$357.62
Price spread: −0.119% → +0.026%: −$14.46
Slippage, 4 orders: −$21.16
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$407.23
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; edgeX: live order book, 4 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 Extended live order book, 4 min ago	0.48 bp	6.5 bp −$6	31.7 bp −$317	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	5.14 bp	11.3 bp −$11	33.4 bp −$334	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 AMDUSDCshort	−0.0927%	4h	622.08	−0.119%	$81K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	622.94	+0.020%	$1K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.92	+0.017%	$1.8M	$460K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.54	−0.044%	$536K	$2.4M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.52	−0.048%	$839K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.782%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	622.72	−0.016%	$145K	$264K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.67	−0.024%	$397K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.06	−0.121%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0063%	1h	624.14	+0.212%	—	$924K	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMD-USD	+0.0071%	1h	622.75	−0.011%	$26K	$24K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.94	+0.020%	$2.2M	$12.6M	10x	as long as short
Gate AMD_USDT	+0.0100%	8h	622.95	+0.021%	$4.5M	$13.2M	50x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.53	−0.046%	$1.9M	$295K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.23	−0.094%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.85	+0.005%	$372	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0108%	1h	622.42	−0.064%	$25.1M	$93.3M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	623.02	+0.033%	$300K	$1.8M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0152%	1h	622.46	−0.057%	$77K	$151K	10x	as long as short
HTX AMD-USDT	+0.0184%	8h	622.86	+0.007%	$132K	$579K	20x	as long as short
Phoenix AMD	+0.0244%	1h	621.52	−0.208%	$2K	$90K	10x	as long as short
Nado AMD-PERP	+0.0269%	1h	622.51	−0.049%	$276K	$197K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	623.19	+0.061%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0277%	8h	622.81	−0.001%	$6.9M	$28.3M	25x	as long as short
Aster AMDUSDT	+0.0416%	8h	622.45	−0.059%	$72K	$416K	50x	as long as short
Bitget AMDUSDT	+0.0634%	8h	622.99	+0.028%	$10.3M	$17.3M	20x	as long as short
Variational Omni AMD	+0.0728%	8h	622.86	+0.007%	$2.6M	$3.2M	—	as long as short
Extended AMD_24_5-USDlong	+0.0776%	1h	622.82	long leg	$463K	$1.9M	10x
Binance AMDUSDT	+0.0777%	8h	622.95	+0.021%	$75.7M	$190.5M	25x	as long as short
BloFin AMD-USDT	+0.0783%	8h	622.98	+0.026%	$7K	$551K	20x	as long as short
GRVT AMD_USDT_Perp	+0.1159%	8h	622.09	−0.117%	$18K	$131K	10x	as long as short