Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0636%/8h= −69.6% APRpaid last 24h −0.096%

Price spread now: edgeX against KuCoin−0.104%98s7-day average +0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$251as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2322.321% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.188%−$19 on $10k

Price spread, last 7 days+0.216%+$22 · spread now −0.104%, 7d avg +0.061%

Together, before fees+0.028%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.165% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.061%). Swap the legs. The two prices were read 98 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 -0.188% in total (about -9.8% 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	KuCoin AMDUSDTM	621.96	0.0100	pay 0.0100% / 8h	4h 23m	$1.9M	$288K	20x
Short	edgeX AMDUSDC	621.31	−0.0536	pay 0.0268% / 4h	23m 57s	$79K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee KuCoinbpFee edgeXbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$133.51
Price spread: −0.104% → +0.061%: −$16.49
Slippage, 4 orders: −$211.05
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$382.06
Costs to cover: 2.321%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 5 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 KuCoin live order book, 2 min ago	7.72 bp	79.2 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	5.55 bp	12.3 bp −$12	35.0 bp −$350	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 AMDUSDCshort	−0.0536%	4h	621.31	−0.104%	$79K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	622.49	+0.085%	$4.5M	$13.5M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.39	+0.069%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.24	+0.045%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.79	−0.027%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.16	+0.032%	$121K	$614K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.36	+0.064%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.92	−0.006%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.91	−0.008%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.646%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	621.75	−0.034%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	621.76	−0.032%	$23.7M	$94.3M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.75	−0.034%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.15	+0.031%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.02	−0.151%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	623.35	+0.223%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.95	−0.002%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0083%	1h	621.73	−0.037%	$269K	$225K	10x	as long as short
KuCoin AMDUSDTMlong	+0.0100%	8h	621.96	long leg	$1.9M	$288K	20x
ApeX Omni AMDUSDT	+0.0100%	1h	621.35	−0.098%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.07	+0.018%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	621.21	−0.121%	$316K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	621.30	−0.106%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.37	+0.067%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0249%	8h	622.33	+0.059%	$6.9M	$28.1M	25x	as long as short
Aster AMDUSDT	+0.0290%	8h	621.97	+0.002%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0389%	8h	621.59	−0.060%	$18K	$146K	10x	as long as short
Variational Omni AMD	+0.0588%	8h	621.72	−0.038%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0643%	8h	621.97	+0.002%	$7K	$550K	20x	as long as short
Binance AMDUSDT	+0.0646%	8h	622.36	+0.065%	$73.3M	$194.7M	25x	as long as short
Extended AMD_24_5-USD	+0.0648%	1h	622.20	+0.038%	$463K	$1.9M	10x	as long as short