Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h +0.031%

Price spread now: Coinbase International against Gate−0.066%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Gate Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.155%+$16 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.066%, 7d avg −0.109%

Together, before fees+0.153%+$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.044% dearer against Gate than usual: you sell high and buy low (spread −0.066% now, against its 7-day average of −0.109%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.155%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AMD_USDT	623.45	0.0266	pay 0.0266% / 8h	7h 42m	$4.5M	$13.4M	50x
Short	Coinbase International AMD-PERP-INTX	623.04	0.0112	get 0.0014% / 1h	42m 07s	$312K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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 GatebpFee Coinbase InternationalbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$32.34
Price spread: −0.066% → −0.109%: $4.35
Slippage, 4 orders: −$20.92
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$73.9
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Coinbase International: 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 Gate live order book, 1 min ago	2.24 bp	11.6 bp −$12	67.4 bp −$674	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	3.05 bp	8.1 bp −$8	11.3 bp −$113	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	−0.0467%	4h	625.15	+0.273%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.49	+0.006%	$1K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.41	−0.006%	$1.8M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.89	−0.090%	$855K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.881%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0048%	1h	624.37	+0.148%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.08	−0.220%	$1.5M	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.46	+0.002%	$2.3M	$13.4M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.97	−0.077%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.40	−0.008%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTXshort	+0.0112%	1h	623.04	−0.066%	$312K	$1.8M	10x
Lighter AMD	+0.0176%	1h	623.03	−0.067%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.09	−0.058%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0225%	8h	622.99	−0.074%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.61	+0.026%	$11K	—	10x	as long as short
Gate AMD_USDTlong	+0.0266%	8h	623.45	long leg	$4.5M	$13.4M	50x
Aster AMDUSDT	+0.0287%	8h	622.26	−0.190%	$72K	$416K	50x	as long as short
Nado AMD-PERP	+0.0432%	1h	622.58	−0.139%	$319K	$170K	10x	as long as short
SoDEX AMD-USD	+0.0459%	1h	623.19	−0.042%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0472%	1h	622.83	−0.099%	$25.1M	$93.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0485%	1h	622.96	−0.079%	$397K	$1.5M	10x	as long as short
ApeX Omni AMDUSDT	+0.0506%	1h	624.65	+0.192%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0521%	1h	623.04	−0.066%	$78K	$151K	10x	as long as short
Variational Omni AMD	+0.0563%	8h	625.45	+0.320%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0607%	8h	623.47	+0.003%	$6K	$551K	20x	as long as short
Extended AMD_24_5-USD	+0.0632%	1h	623.31	−0.023%	$466K	$2.0M	10x	as long as short
Binance AMDUSDT	+0.0636%	8h	623.42	−0.005%	$75.9M	$191.7M	25x	as long as short
HTX AMD-USDT	+0.0744%	8h	623.07	−0.061%	$132K	$578K	20x	as long as short
Bitget AMDUSDT	+0.0745%	8h	623.32	−0.021%	$10.1M	$17.5M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.98	+0.085%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1875%	8h	625.15	+0.272%	$18K	$131K	10x	as long as short