Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h +0.012%

Price spread now: Extended against GRVT+0.006%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on GRVT Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.006%, 7d avg −0.034%

Together, before fees+0.027%+ Points / potential airdropGRVT: Active · Extended: Active · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.040% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AMD_USDT_Perp	619.68	0.0453	pay 0.0453% / 8h	1h 11m	$17K	$137K	10x
Short	Extended AMD_24_5-USD	619.72	0.0512	get 0.0064% / 1h	11m 00s	$458K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee GRVTbpFee ExtendedbpOrdersPrice spread, now +0.006%Rate

Funding earned: $12.39
Price spread: +0.006% → −0.034%: $3.99
Slippage, 4 orders: −$19.26
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$16.87
Costs to cover: 0.333%
Break-even: 16.5 days

Slippage from GRVT: live order book, 5 min ago; Extended: 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 GRVT live order book, 5 min ago	1.13 bp	10.1 bp −$10	18284.3 bp −$182.8K	272758.3 bp −$27.28M	doesn't fit
Sell Extended live order book, 2 min ago	0.48 bp	6.7 bp −$7	63.0 bp −$630	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	−0.0033%	4h	619.68	−0.001%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.85	+0.027%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.78	+0.016%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.53	−0.024%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.81	+0.021%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.38	−0.048%	$834K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.284%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.41	+0.118%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.75	−0.150%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0052%	1h	619.42	−0.042%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0062%	8h	619.71	+0.005%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.132%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.65	−0.005%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0092%	1h	619.21	−0.076%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.41	−0.044%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.54	−0.023%	$378	$6K	10x	as long as short
Phoenix AMD	+0.0169%	1h	619.21	−0.076%	$2K	$94K	10x	as long as short
Aster AMDUSDT	+0.0176%	8h	618.86	−0.131%	$72K	$416K	50x	as long as short
Lighter AMD	+0.0192%	1h	619.52	−0.026%	$535K	$2.6M	10x	as long as short
ApeX Omni AMDUSDT	+0.0194%	1h	619.34	−0.055%	$80K	$259K	50x	as long as short
Aevo AMD-PERP	+0.0208%	1h	620.00	+0.052%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0261%	1h	619.72	+0.007%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0410%	1h	619.01	−0.108%	$315K	$166K	10x	as long as short
Variational Omni AMD	+0.0453%	8h	619.32	−0.058%	$2.7M	$3.2M	—	as long as short
GRVT AMD_USDT_Perplong	+0.0453%	8h	619.68	long leg	$17K	$137K	10x
Deribit AMD_USDC-PERPETUAL	+0.0461%	1h	619.40	−0.045%	$77K	$163K	10x	as long as short
Binance AMDUSDT	+0.0509%	8h	619.83	+0.024%	$75.6M	$193.1M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0512%	1h	619.72	+0.006%	$458K	$1.5M	10x
BloFin AMD-USDT	+0.0513%	8h	619.99	+0.050%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0518%	8h	619.70	+0.003%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.53	−0.024%	$145K	$267K	10x	as long as short