Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0544%/8h= +59.6% APRpaid last 24h +0.117%

Price spread now: Extended against HTX+0.047%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.047%, 7d avg −0.021%

Together, before fees+0.164%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Extended is 0.068% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% 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	HTX AMD-USDT	620.41	0	get 0.0000% / 8h	7m 47s	$132K	$579K	20x
Short	Extended AMD_24_5-USD	620.70	0.0544	get 0.0068% / 1h	7m 47s	$464K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now +0.047%Rate

Funding earned: $114.24
Price spread: +0.047% → −0.021%: $6.79
Slippage, 4 orders: −$13.53
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $90.5
Costs to cover: 0.305%
Break-even: 1.5 days

Slippage from HTX: live order book, 6 min ago; Extended: live order book, 1 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 HTX live order book, 6 min ago	0.81 bp	8.9 bp −$9	18.5 bp −$185	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.24 bp	6.7 bp −$7	45.5 bp −$455	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	−0.0480%	4h	620.04	−0.059%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	621.00	+0.095%	$4.4M	$13.7M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.60	+0.031%	$2K	$8.9M	10x	as long as short
HTX AMD-USDTlong	0.0000%	8h	620.41	long leg	$132K	$579K	20x
Phemex AMDUSDT	0.0000%	8h	620.89	+0.077%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.26	−0.024%	$837K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.401%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.57	+0.187%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.29	−0.019%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.00	−0.066%	$1.5M	$4.9M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMD-USD	+0.0078%	1h	620.59	+0.029%	$25K	$24K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.50	+0.015%	$2.3M	$13.6M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	620.38	−0.005%	$311K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.35	−0.010%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.05	−0.058%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.49	+0.013%	$378	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0123%	1h	620.17	−0.039%	$24.9M	$94.4M	10x	as long as short
Lighter AMD	+0.0128%	1h	620.30	−0.018%	$528K	$2.5M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0162%	8h	620.68	+0.044%	$6.8M	$28.6M	25x	as long as short
Aster AMDUSDT	+0.0202%	8h	620.61	+0.032%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0207%	1h	619.69	−0.116%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.96	+0.089%	$11K	—	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0427%	1h	620.42	+0.002%	$77K	$162K	10x	as long as short
Nado AMD-PERP	+0.0449%	1h	620.09	−0.052%	$318K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0470%	8h	620.37	−0.006%	$17K	$133K	10x	as long as short
Variational Omni AMD	+0.0493%	8h	620.28	−0.022%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0527%	8h	620.57	+0.026%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0537%	8h	620.74	+0.053%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0542%	8h	620.56	+0.024%	$75.6M	$192.5M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0544%	1h	620.70	+0.047%	$464K	$1.5M	10x
Arcus AMD-USD	+0.0919%	1h	620.48	+0.011%	$145K	$264K	10x	as long as short