Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0338%/8h= −37.0% APRpaid last 24h −0.092%

Price spread now: edgeX against Gate−0.135%112s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.496% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.118%+$12 · spread now −0.135%, 7d avg −0.016%

Together, before fees+0.095%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and edgeX is 0.119% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% 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	Gate AMD_USDT	619.43	0	get 0.0000% / 8h	3h 31m	$4.5M	$13.7M	50x
Short	edgeX AMDUSDC	618.60	−0.0338	pay 0.0169% / 4h	3h 31m	$78K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$70.93
Price spread: −0.135% → −0.016%: −$11.91
Slippage, 4 orders: −$25.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$132.4
Costs to cover: 0.496%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; edgeX: 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, 2 min ago	1.37 bp	13.2 bp −$13	67.5 bp −$675	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	5.34 bp	10.7 bp −$11	29.5 bp −$295	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 AMDUSDCshort	−0.0338%	4h	618.60	−0.135%	$78K	$1.7M	10x
Gate AMD_USDTlong	0.0000%	8h	619.43	long leg	$4.5M	$13.7M	50x
Bitget AMDUSDT	0.0000%	8h	619.70	+0.044%	$10.2M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	619.45	+0.003%	$2K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.22	−0.034%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	618.70	−0.118%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	618.76	−0.108%	$831K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	−0.061%	$2K	$57K	12x	as long as short
Lighter AMD	+0.0040%	1h	618.85	−0.094%	$546K	$2.5M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	619.06	−0.060%	$144K	$265K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0049%	1h	619.17	−0.042%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.04	−0.063%	$397K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	619.09	−0.055%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.52	−0.147%	$1.3M	$4.4M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0057%	1h	618.98	−0.073%	$77K	$151K	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	620.10	+0.108%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0082%	1h	618.62	−0.131%	$265K	$234K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	617.90	−0.247%	$313K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	618.71	−0.116%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	618.31	−0.181%	$79K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.26	−0.027%	$370	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0113%	1h	618.78	−0.105%	$23.5M	$94.4M	10x	as long as short
Phoenix AMD	+0.0141%	1h	618.73	−0.113%	$2K	$90K	10x	as long as short
Aster AMDUSDT	+0.0173%	8h	618.67	−0.122%	$69K	$414K	50x	as long as short
OKX AMD-USDT-SWAP	+0.0207%	8h	619.32	−0.018%	$6.8M	$28.2M	25x	as long as short
Aevo AMD-PERP	+0.0216%	1h	619.50	+0.011%	$11K	—	10x	as long as short
GRVT AMD_USDT_Perp	+0.0238%	8h	618.60	−0.134%	$18K	$156K	10x	as long as short
Variational Omni AMD	+0.0454%	8h	618.73	−0.114%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0524%	8h	619.36	−0.012%	$72.7M	$195.9M	25x	as long as short
BloFin AMD-USDT	+0.0527%	8h	618.87	−0.090%	$6K	$548K	20x	as long as short
Extended AMD_24_5-USD	+0.0528%	1h	619.25	−0.029%	$461K	$1.9M	10x	as long as short