Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0384%/8h= −42.0% APRpaid last 24h −0.123%

Price spread now: Gate against Extended+0.120%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.217%−$22 on $10k

Price spread, last 7 days−0.211%−$21 · spread now +0.120%, 7d avg +0.042%

Together, before fees−0.428%+ Points / potential airdropExtended: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.078% dearer against Extended than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of +0.042%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.217% in total) that is about 2.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.217% in total (about -11.3% 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	613.47	0.0384	pay 0.0048% / 1h	41m 57s	$459K	$3.1M	10x
Short	Gate AMD_USDT	614.20	0	get 0.0000% / 8h	2h 41m	$4.4M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.120%Rate

Funding earned: −$80.64
Price spread: +0.120% → +0.042%: $7.8
Slippage, 4 orders: −$30.53
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$123.37
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago	0.65 bp	6.8 bp −$7	64.1 bp −$641	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.81 bp	23.3 bp −$23	59.7 bp −$597	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 AMDUSDC	−0.0195%	4h	615.74	+0.370%	$77K	$1.7M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	−0.0125%	1h	613.39	−0.013%	$76K	$151K	10x	as long as short
Gate AMD_USDTshort	0.0000%	8h	614.20	+0.120%	$4.4M	$14.0M	50x
Bitget AMDUSDT	0.0000%	8h	614.14	+0.110%	$10.2M	$17.3M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	614.62	+0.188%	$2K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	614.31	+0.137%	$114K	$623K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.99	+0.085%	$1.7M	$462K	10x	as long as short
Nado AMD-PERP	+0.0032%	1h	613.92	+0.074%	$255K	$239K	10x	as long as short
Lighter AMD	+0.0032%	1h	613.58	+0.018%	$531K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.62	+0.025%	$791K	$4.6M	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	+0.0032%	1h	614.52	+0.172%	$2.0M	$11.5M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	615.21	+0.284%	$138K	$271K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	615.31	+0.300%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	613.41	−0.009%	$23.1M	$94.9M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.96	+0.080%	$401K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	613.96	+0.080%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	614.24	+0.126%	$1.3M	$5.0M	10x	as long as short
Aster AMDUSDT	+0.0058%	8h	613.70	+0.039%	$69K	$415K	50x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	615.35	+0.307%	$320K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	613.64	+0.028%	$1.9M	$297K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	615.27	+0.294%	$79K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.85	+0.062%	$367	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0130%	8h	613.58	+0.018%	$6.6M	$28.7M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0139%	8h	616.03	+0.418%	$20K	$165K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	613.94	+0.077%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	615.66	+0.358%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	619.05	+0.910%	$2K	$57K	12x	as long as short
Variational Omni AMD	+0.0314%	8h	615.81	+0.382%	$2.5M	$3.3M	—	as long as short
Extended AMD_24_5-USDlong	+0.0384%	1h	613.47	long leg	$459K	$3.1M	10x
Binance AMDUSDT	+0.0387%	8h	613.59	+0.020%	$71.2M	$200.2M	25x	as long as short
BloFin AMD-USDT	+0.0388%	8h	614.89	+0.232%	$6K	$547K	20x	as long as short