Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.053%

Price spread now: tradeXYZ against Gate−0.089%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.140%+$14 on $10k

Price spread, last 7 days+0.035%+$4 · spread now −0.089%, 7d avg −0.064%

Together, before fees+0.176%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.064%). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AMD_USDT	616.42	0	get 0.0000% / 8h	2h 05m	$4.3M	$13.4M	50x
Short	tradeXYZ xyz:AMD	615.87	0.0050	get 0.0006% / 1h	5m 37s	$24.9M	$95.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.089%Rate

Funding earned: $10.5
Price spread: −0.089% → −0.064%: −$2.53
Slippage, 4 orders: −$15.78
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$40.81
Costs to cover: 0.488%
Break-even: 34.2 days

Slippage from Gate: live order book, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago	1.78 bp	13.3 bp −$13	43.6 bp −$436	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.81 bp	10.3 bp −$10	13.1 bp −$131	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	−0.0327%	4h	616.70	+0.046%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.23	−0.031%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDTlong	0.0000%	8h	616.42	long leg	$4.3M	$13.4M	50x
SunX AMD-USDT	0.0000%	8h	616.52	+0.016%	$912	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.14	−0.045%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.04	−0.062%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.97	−0.073%	$870K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.762%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.01	+0.096%	—	$948K	25x	as long as short
tradeXYZ xyz:AMDshort	+0.0050%	1h	615.87	−0.089%	$24.9M	$95.7M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	616.17	−0.041%	$405K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.29	−0.021%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.79	−0.102%	$1.4M	$4.8M	10x	as long as short
Lighter AMD	+0.0056%	1h	616.14	−0.045%	$575K	$2.6M	10x	as long as short
Aster AMDUSDT	+0.0077%	8h	616.44	+0.003%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.41	−0.002%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.97	−0.073%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.04	−0.062%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.33	−0.015%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.109%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	616.45	+0.005%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.68	+0.042%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0295%	1h	615.81	−0.099%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0350%	8h	616.52	+0.016%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0371%	8h	617.05	+0.102%	$2.7M	$3.1M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0416%	1h	616.36	−0.010%	$77K	$163K	10x	as long as short
Extended AMD_24_5-USD	+0.0416%	1h	616.47	+0.009%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0419%	8h	616.58	+0.026%	$74.9M	$193.0M	25x	as long as short
BloFin AMD-USDT	+0.0445%	8h	616.42	0.000%	$6K	$540K	20x	as long as short
Bitget AMDUSDT	+0.0462%	8h	616.40	−0.003%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.41	−0.002%	$142K	$282K	10x	as long as short