Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0368%/8h= −40.3% APRpaid last 24h −0.123%

Price spread now: Phemex against Extended+0.045%7-day average +0.025% · you sell dearer than you buy

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

Long on Extended Short on Phemex

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.045%, 7d avg +0.025%

Together, before fees−0.340%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, 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 -0.217% 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	613.05	0.0368	pay 0.0046% / 1h	16m 39s	$457K	$3.1M	10x
Short	Phemex AMDUSDT	613.32	0	get 0.0000% / 8h	2h 16m	$1.7M	$462K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$77.28
Price spread: +0.045% → +0.025%: $1.93
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$92.35
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; Phemex: live order book, 2 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 Extended live order book, 2 min ago	0.33 bp	6.8 bp −$7	54.9 bp −$549	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	11.42 bp	doesn't fit	doesn't fit	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	−0.0813%	4h	612.40	−0.106%	$72K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0317%	8h	613.60	+0.090%	$10.3M	$17.3M	20x	as long as short
Gate AMD_USDT	0.0000%	8h	613.49	+0.072%	$4.4M	$14.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.32	+0.045%	$1K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	612.90	−0.024%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.32	+0.045%	$107K	$639K	20x	as long as short
Phemex AMDUSDTshort	0.0000%	8h	613.32	+0.045%	$1.7M	$462K	10x
Lighter AMD	+0.0032%	1h	612.94	−0.017%	$525K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	612.82	−0.037%	$823K	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	613.40	+0.058%	$2.1M	$11.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMDUSDT	+0.0032%	8h	613.46	+0.067%	$69K	$415K	50x	as long as short
Arcus AMD-USD	+0.0040%	1h	612.91	−0.022%	$137K	$274K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.03	+0.160%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.74	−0.050%	$23.0M	$95.1M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.04	−0.001%	$394K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.46	−0.096%	$1.4M	$5.3M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	613.16	+0.018%	$317K	$1.9M	10x	as long as short
Nado AMD-PERP	+0.0091%	1h	612.94	−0.017%	$255K	$240K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.83	−0.035%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	613.47	+0.069%	$79K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.11	+0.010%	$367	$6K	10x	as long as short
SoDEX AMD-USD	+0.0105%	1h	613.07	+0.004%	$25K	$24K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0117%	8h	613.17	+0.020%	$6.5M	$29.0M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0155%	8h	613.69	+0.104%	$19K	$169K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	613.54	+0.080%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	613.03	−0.003%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	612.62	−0.070%	$2K	$59K	12x	as long as short
Variational Omni AMD	+0.0275%	8h	612.62	−0.069%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0364%	8h	613.18	+0.022%	$72.0M	$202.9M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0368%	1h	613.05	long leg	$457K	$3.1M	10x
BloFin AMD-USDT	+0.0395%	8h	613.31	+0.043%	$6K	$546K	20x	as long as short