Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.086%

Price spread now: Extended against KuCoin+0.069%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1871.870% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.069%, 7d avg +0.048%

Together, before fees+0.059%+ Points / potential airdropExtended: Active · farm board+$6 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 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.048%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% 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	622.56	0.0100	pay 0.0100% / 8h	7h 37m	$1.9M	$313K	20x
Short	Extended AMD_24_5-USD	622.99	0.0648	get 0.0081% / 1h	37m 07s	$467K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.069%Rate

Funding earned: $115.08
Price spread: +0.069% → +0.048%: $2.13
Slippage, 4 orders: −$170.03
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$69.81
Costs to cover: 1.870%
Break-even: 11.2 days

Slippage from KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago	11.29 bp	52.4 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.80 bp	6.8 bp −$7	38.5 bp −$385	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	−0.0150%	4h	622.79	+0.037%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.24	+0.109%	$2K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.43	−0.021%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.49	−0.011%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.741%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0049%	1h	623.86	+0.209%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.53	−0.165%	$1.5M	$4.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.89	+0.053%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTMlong	+0.0100%	8h	622.56	long leg	$1.9M	$313K	20x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.99	+0.069%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+0.077%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.72	+0.026%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	+0.050%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0235%	8h	623.11	+0.088%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.39	+0.133%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0283%	8h	623.29	+0.117%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0299%	8h	621.86	−0.113%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0335%	1h	622.87	+0.050%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0388%	1h	622.31	−0.040%	$25.1M	$93.2M	10x	as long as short
Polymarket Perps AMD-USD	+0.0394%	1h	622.82	+0.042%	$397K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0426%	1h	622.33	−0.037%	$319K	$171K	10x	as long as short
ApeX Omni AMDUSDT	+0.0491%	1h	621.44	−0.180%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0570%	1h	622.74	+0.029%	$78K	$151K	10x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.103%	$2.6M	$3.2M	—	as long as short
HTX AMD-USDT	+0.0617%	8h	623.04	+0.077%	$132K	$579K	20x	as long as short
Extended AMD_24_5-USDshort	+0.0648%	1h	622.99	+0.069%	$467K	$2.3M	10x
Binance AMDUSDT	+0.0652%	8h	623.09	+0.085%	$76.0M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0680%	8h	623.30	+0.119%	$6K	$551K	20x	as long as short
Bitget AMDUSDT	+0.0742%	8h	623.24	+0.109%	$10.3M	$17.6M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.88	+0.051%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1587%	8h	622.87	+0.050%	$18K	$131K	10x	as long as short