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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0196%/8h= +21.4% APRnext payment +$1.96 per $10,000 · paid last 24h +0.071%
Price spread now: BloFin against KuCoin+0.107%65s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2302.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.373%−$37 · spread now +0.107%, 7d avg +0.070%
Together, before fees−0.323%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.070%. The two prices were read 65 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 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.96 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
LongKuCoin AMDUSDTM609.970.0100pay 0.0100% / 8h6h 58m$1.9M$379K20x
ShortBloFin AMD-USDT610.620.0296get 0.0296% / 8h6h 58m$6K$561K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$41.13
Price spread: +0.107% → +0.070%
$3.62
Slippage, 4 orders
−$206.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$185.71
Costs to cover
2.305%
Break-even
38.6 days
Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 13 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 KuCoin live order book, 8 min ago6.14 bp47.6 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago0.16 bp8.7 bp −$912.3 bp −$123doesn't fitdoesn'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−0.0336%4h610.33+0.059%$73K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h610.52+0.090%$69K$417K50xas long as short
Gate AMD_USDT0.0000%8h610.63+0.108%$4.7M$14.4M50xas long as short
Bitget AMDUSDT0.0000%8h610.66+0.113%$10.2M$16.6M20xas long as short
SunX AMD-USDT0.0000%8h610.52+0.090%$2K$7.6M10xas long as short
HTX AMD-USDT0.0000%8h610.51+0.089%$93K$659K20xas long as short
Phemex AMDUSDT0.0000%8h610.37+0.066%$1.7M$465K10xas long as short
Lighter RH AMD+0.0032%1h610.16+0.031%$804K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h551.13−9.646%$2K$58K12xas long as short
Vest AMD-USD-PERP+0.0046%1h610.74+0.126%$924K25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h610.25+0.046%$393K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h609.98+0.002%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0076%1h610.24+0.044%$2.0M$11.4M10xas long as short
OKX AMD-USDT-SWAP+0.0098%8h610.38+0.067%$6.7M$29.7M25xas long as short
KuCoin AMDUSDTMlong+0.0100%8h609.97long leg$1.9M$379K20x
ApeX Omni AMDUSDT+0.0100%1h609.32−0.107%$79K$254K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h610.28+0.051%$365$6K10xas long as short
Phoenix AMD+0.0118%1h609.90−0.011%$2K$75K10xas long as short
Aevo AMD-PERP+0.0152%1h610.42+0.074%$11K10xas long as short
Coinbase International AMD-PERP-INTX+0.0168%1h609.57−0.066%$304K$1.9M10xas long as short
Lighter AMD+0.0184%1h610.23+0.043%$522K$2.3M10xas long as short
SoDEX AMD-USD+0.0196%1h610.34+0.061%$25K$20K10xas long as short
tradeXYZ xyz:AMD+0.0198%1h609.83−0.023%$21.1M$97.3M10xas long as short
Variational Omni AMD+0.0215%8h610.06+0.014%$2.0M$3.8Mas long as short
Nado AMD-PERP+0.0276%1h609.80−0.028%$250K$246K10xas long as short
Extended AMD_24_5-USD+0.0288%1h610.11+0.024%$457K$3.4M10xas long as short
Binance AMDUSDT+0.0289%8h610.32+0.057%$72.2M$205.5M25xas long as short
BloFin AMD-USDTshort+0.0296%8h610.62+0.107%$6K$561K20x
Deribit AMD_USDC-PERPETUAL+0.0521%1h610.12+0.025%$76K$151K10xas long as short
Arcus AMD-USD+0.0623%1h610.25+0.046%$122K$280K10xas long as short
GRVT AMD_USDT_Perp+0.0696%8h610.43+0.075%$19K$192K10xas long as short