Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0776%/8h= −85.0% APRpaid last 24h −0.121%

Price spread now: SunX against Extended+0.026%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$292as in the Funding arb table

Net, price: spread back to 7d avg − costs−$273as in the Price arb table

costs, in and out, $10k−$2722.722% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$20 on $10k

Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.026%, 7d avg +0.030%

Together, before fees−0.569%+ Points / potential airdropExtended: Active · farm board−$57 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$23 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 -0.195% in total (about -10.2% 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	621.40	0.0776	pay 0.0097% / 1h	13m 42s	$464K	$1.9M	10x
Short	SunX AMD-USDT	621.56	0	get 0.0000% / 8h	5h 13m	$1K	$8.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$162.96
Price spread: +0.026% → +0.030%: −$0.42
Slippage, 4 orders: −$259.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$435.55
Costs to cover: 2.722%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; SunX: live order book, 5 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, 5 min ago	0.73 bp	6.7 bp −$7	42.2 bp −$422	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	45.20 bp	130.9 bp −$131	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	−0.0058%	4h	621.59	+0.031%	$81K	$1.6M	10x	as long as short
SunX AMD-USDTshort	0.0000%	8h	621.56	+0.026%	$1K	$8.3M	10x
HTX AMD-USDT	0.0000%	8h	621.33	−0.011%	$122K	$597K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.65	+0.040%	$1.8M	$459K	10x	as long as short
Gate AMD_USDT	+0.0013%	8h	621.76	+0.058%	$4.5M	$13.3M	50x	as long as short
Bitget AMDUSDT	+0.0021%	8h	621.61	+0.034%	$10.3M	$17.0M	20x	as long as short
Lighter RH AMD	+0.0032%	1h	621.11	−0.047%	$854K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.558%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.41	+0.002%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.12	−0.045%	$398K	$1.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	620.71	−0.111%	$1.5M	$4.1M	10x	as long as short
Vest AMD-USD-PERP	+0.0053%	1h	622.55	+0.185%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.45	+0.008%	$2.1M	$11.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.00	−0.064%	$1.9M	$281K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.24	−0.026%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.45	+0.008%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.114%	$300K	$1.8M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0153%	1h	621.01	−0.063%	$77K	$151K	10x	as long as short
tradeXYZ xyz:AMD	+0.0166%	1h	621.12	−0.045%	$25.1M	$93.7M	10x	as long as short
SoDEX AMD-USD	+0.0209%	1h	621.44	+0.006%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0232%	1h	621.31	−0.015%	$544K	$2.5M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.30	−0.016%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	621.78	+0.061%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0309%	8h	621.52	+0.019%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0321%	1h	620.85	−0.088%	$269K	$217K	10x	as long as short
Aster AMDUSDT	+0.0394%	8h	621.00	−0.064%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0692%	8h	621.63	+0.037%	$18K	$138K	10x	as long as short
Variational Omni AMD	+0.0718%	8h	621.62	+0.036%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USDlong	+0.0776%	1h	621.40	long leg	$464K	$1.9M	10x
Binance AMDUSDT	+0.0777%	8h	621.61	+0.034%	$75.6M	$189.9M	25x	as long as short
BloFin AMD-USDT	+0.0801%	8h	621.73	+0.053%	$7K	$548K	20x	as long as short