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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0293%/8h= −32.0% APRpaid last 24h −0.035%
Price spread now: Ondo Perps against GRVT−0.157%53s7-day average −0.118% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.157%, 7d avg −0.118%
Together, before fees+0.089%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.039% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.118%). Swap the legs. The two prices were read 53 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 0.024% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AMD_USDT_Perp615.910.0343pay 0.0343% / 8h2h 31m$18K$141K10x
ShortOndo Perps AMD-USD.P614.940.0050get 0.0006% / 1h31m 54s$1.4M$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$61.45
Price spread: −0.157% → −0.118%
−$3.91
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$79.35
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 54 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 54 min ago0.98 bp7.4 bp −$713154.8 bp −$131.5K221477.9 bp −$22.15Mdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0670%4h615.89−0.003%$81K$1.6M10xas long as short
OKX AMD-USDT-SWAP0.0000%8h615.66−0.041%$6.7M$28.4M25xas long as short
Gate AMD_USDT0.0000%8h615.79−0.019%$4.3M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h615.910.000%$2K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h615.64−0.044%$127K$581K20xas long as short
Phemex AMDUSDT0.0000%8h615.85−0.010%$1.7M$454K10xas long as short
Lighter RH AMD+0.0032%1h615.52−0.063%$881K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.680%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h616.40+0.080%$948K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h615.32−0.096%$24.9M$95.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h615.56−0.057%$409K$1.6M10xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h614.94−0.157%$1.4M$4.7M10x
Aster AMDUSDT+0.0071%8h615.93+0.003%$71K$411K50xas long as short
QFEX AMD-USD+0.0080%1h615.87−0.006%$2.3M$13.1M10xas long as short
Lighter AMD+0.0088%1h615.55−0.058%$600K$2.6M10xas long as short
KuCoin AMDUSDTM+0.0100%8h615.15−0.123%$1.9M$326K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h615.51−0.065%$79K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h615.74−0.028%$376$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h615.04−0.141%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0123%1h615.66−0.041%$25K$24K10xas long as short
Phoenix AMD+0.0156%1h615.49−0.068%$2K$94K10xas long as short
Aevo AMD-PERP+0.0184%1h616.10+0.030%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0189%1h615.51−0.065%$77K$163K10xas long as short
Nado AMD-PERP+0.0332%1h615.14−0.124%$314K$166K10xas long as short
GRVT AMD_USDT_Perplong+0.0343%8h615.91long leg$18K$141K10x
Variational Omni AMD+0.0356%8h615.85−0.009%$2.7M$3.1Mas long as short
BloFin AMD-USDT+0.0384%8h616.01+0.016%$6K$540K20xas long as short
Binance AMDUSDT+0.0416%8h615.90−0.001%$74.9M$192.9M25xas long as short
Extended AMD_24_5-USD+0.0416%1h615.85−0.009%$456K$1.5M10xas long as short
Bitget AMDUSDT+0.0460%8h615.65−0.042%$10.0M$18.2M20xas long as short
Arcus AMD-USD+0.1053%1h615.73−0.029%$142K$282K10xas long as short