Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.101%

Price spread now: OKX against Extended+0.004%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 7 days−0.155%−$16 · spread now +0.004%, 7d avg +0.024%

Together, before fees−0.309%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$11 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 -0.153% in total (about -8.0% 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	Extended AMD_24_5-USD	621.94	0.0584	pay 0.0073% / 1h	56m 20s	$464K	$1.9M	10x
Short	OKX AMD-USDT-SWAP	621.97	0.0230	get 0.0230% / 8h	3h 56m	$6.9M	$28.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$74.4
Price spread: +0.004% → +0.024%: −$1.95
Slippage, 4 orders: −$13.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$104.85
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; OKX: 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	0.40 bp	6.4 bp −$6	59.0 bp −$590	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.72 bp	7.8 bp −$8	10.3 bp −$103	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	−0.0021%	4h	622.40	+0.073%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.19	+0.040%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.32	+0.061%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.14	+0.032%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.51	−0.069%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.90	−0.007%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.16	+0.035%	$1.8M	$460K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.90	−0.007%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.83	−0.018%	$846K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.644%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.55	+0.098%	$145K	$266K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	622.19	+0.040%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.80	−0.023%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	621.98	+0.006%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.50	−0.071%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0065%	1h	623.59	+0.265%	—	$923K	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	621.55	−0.063%	$316K	$1.9M	10x	as long as short
Nado AMD-PERP	+0.0096%	1h	621.91	−0.005%	$268K	$230K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.89	−0.008%	$1.9M	$291K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.08	+0.022%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.98	+0.006%	$372	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0161%	1h	621.87	−0.012%	$23.6M	$94.5M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.28	+0.054%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	622.30	+0.057%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0228%	8h	621.83	−0.017%	$72K	$412K	50x	as long as short
OKX AMD-USDT-SWAPshort	+0.0230%	8h	621.97	+0.004%	$6.9M	$28.2M	25x
GRVT AMD_USDT_Perp	+0.0303%	8h	622.56	+0.099%	$18K	$151K	10x	as long as short
Variational Omni AMD	+0.0526%	8h	622.92	+0.157%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0582%	8h	622.01	+0.011%	$72.9M	$195.9M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0584%	1h	621.94	long leg	$464K	$1.9M	10x
BloFin AMD-USDT	+0.0601%	8h	622.52	+0.093%	$7K	$550K	20x	as long as short