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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0286%/8h= +31.4% APRnext payment +$2.86 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against GRVT+0.119%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.444%+$44 · spread now +0.119%, 7d avg +0.025%
Together, before fees+0.502%+ Points / potential airdropGRVT: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.094% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.86 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
LongGRVT AMD_USDT_Perp618.780.0238pay 0.0238% / 8h3h 31m$17K$157K10x
ShortBinance AMDUSDT619.510.0524get 0.0524% / 8h3h 31m$72.7M$195.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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
$60.14
Price spread: +0.119% → +0.025%
$9.38
Slippage, 4 orders
−$11.85
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$38.67
Costs to cover
0.308%
Break-even
2.5 days
Slippage from GRVT: live order book, 21 min ago; Binance: live order book, 12 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 GRVT live order book, 21 min ago1.21 bp8.9 bp −$914.6 bp −$14686477.9 bp −$8.65Mdoesn't fit
Sell Binance live order book, 12 min ago0.56 bp7.0 bp −$711.4 bp −$11447.6 bp −$4,762doesn'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−0.0866%4h618.51−0.044%$78K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h619.68+0.145%$4.5M$13.7M50xas long as short
Bitget AMDUSDT0.0000%8h619.89+0.179%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h619.64+0.139%$1K$8.2M10xas long as short
HTX AMD-USDT0.0000%8h619.52+0.120%$118K$622K20xas long as short
Phemex AMDUSDT0.0000%8h619.11+0.053%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h618.76−0.003%$831K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h619.05+0.044%$2K$57K12xas long as short
Lighter AMD+0.0040%1h618.85+0.011%$546K$2.5M10xas long as short
Arcus AMD-USD+0.0040%1h619.06+0.045%$144K$265K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0049%1h619.33+0.089%$2.1M$11.6M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h619.12+0.055%$397K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h619.43+0.105%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h618.52−0.042%$1.3M$4.4M10xas long as short
Vest AMD-USD-PERP+0.0062%1h620.25+0.238%$923K25xas long as short
Nado AMD-PERP+0.0082%1h618.58−0.032%$265K$234K10xas long as short
Coinbase International AMD-PERP-INTX+0.0088%1h617.90−0.142%$313K$1.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h618.92+0.023%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h618.88+0.016%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h619.45+0.108%$370$6K10xas long as short
tradeXYZ xyz:AMD+0.0117%1h619.09+0.050%$23.5M$94.4M10xas long as short
Phoenix AMD+0.0141%1h618.73−0.008%$2K$90K10xas long as short
Aster AMDUSDT+0.0173%8h618.89+0.018%$69K$414K50xas long as short
OKX AMD-USDT-SWAP+0.0208%8h619.64+0.139%$6.8M$28.2M25xas long as short
Aevo AMD-PERP+0.0216%1h619.67+0.144%$11K10xas long as short
GRVT AMD_USDT_Perplong+0.0238%8h618.78long leg$17K$157K10x
Deribit AMD_USDC-PERPETUAL+0.0267%1h619.02+0.039%$77K$151K10xas long as short
Variational Omni AMD+0.0454%8h618.73−0.009%$2.5M$3.3Mas long as short
Binance AMDUSDTshort+0.0524%8h619.51+0.119%$72.7M$195.9M25x
BloFin AMD-USDT+0.0527%8h618.87+0.015%$6K$548K20xas long as short
Extended AMD_24_5-USD+0.0528%1h619.43+0.106%$461K$1.9M10xas long as short