Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment $0.62 per $10,000 · paid last 24h −0.086%
Price spread now: Polymarket Perps against Extended−0.058%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.058%, 7d avg −0.036%
Together, before fees+0.084%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Polymarket Perps is 0.022% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AMD_24_5-USD620.790.0544pay 0.0068% / 1h4m 20s$464K$1.5M10x
ShortPolymarket Perps AMD-USD620.430.0050get 0.0006% / 1h4m 20s$395K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
−$103.74
Price spread: −0.058% → −0.036%
−$2.22
Slippage, 4 orders
−$14.03
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$132.99
Costs to cover
0.270%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.24 bp6.3 bp −$662.9 bp −$629doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 4 min ago0.48 bp6.7 bp −$76.9 bp −$699.5 bp −$952doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0155%4h620.52−0.043%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h621.04+0.041%$4.4M$13.7M50xas long as short
SunX AMD-USDT0.0000%8h620.81+0.004%$2K$8.9M10xas long as short
HTX AMD-USDT0.0000%8h620.59−0.032%$132K$579K20xas long as short
Phemex AMDUSDT0.0000%8h620.49−0.048%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.37−0.067%$839K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.461%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.59+0.129%$950K25xas long as short
Polymarket Perps AMD-USDshort+0.0050%1h620.43−0.058%$395K$1.6M10x
Ondo Perps AMD-USD.P+0.0050%1h619.87−0.148%$1.5M$4.9M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.76−0.005%$2.3M$13.6M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h620.60−0.030%$312K$1.8M10xas long as short
SoDEX AMD-USD+0.0089%1h620.75−0.006%$25K$24K10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.51−0.045%$1.9M$313K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.51−0.045%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.73−0.009%$379$6K10xas long as short
tradeXYZ xyz:AMD+0.0128%1h620.34−0.072%$24.9M$94.4M10xas long as short
Lighter AMD+0.0128%1h620.44−0.056%$530K$2.5M10xas long as short
OKX AMD-USDT-SWAP+0.0169%8h620.74−0.008%$6.8M$28.7M25xas long as short
Phoenix AMD+0.0207%1h620.48−0.050%$2K$92K10xas long as short
Aster AMDUSDT+0.0207%8h620.89+0.017%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h621.13+0.056%$11K10xas long as short
Nado AMD-PERP+0.0451%1h620.02−0.124%$318K$167K10xas long as short
GRVT AMD_USDT_Perp+0.0468%8h620.44−0.056%$18K$133K10xas long as short
Variational Omni AMD+0.0498%8h620.77−0.003%$2.6M$3.2Mas long as short
BloFin AMD-USDT+0.0533%8h620.87+0.013%$6K$546K20xas long as short
Bitget AMDUSDT+0.0540%8h620.87+0.013%$10.1M$18.0M20xas long as short
Extended AMD_24_5-USDlong+0.0544%1h620.79long leg$464K$1.5M10x
Binance AMDUSDT+0.0546%8h620.91+0.020%$75.6M$192.7M25xas long as short
Deribit AMD_USDC-PERPETUAL+0.0718%1h620.61−0.029%$77K$160K10xas long as short
Arcus AMD-USD+0.0919%1h620.62−0.027%$145K$264K10xas long as short