Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%

Price spread now: Injective against KuCoin−1.746%115s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.746% cheaper against KuCoin than usual: you would sell low and buy high (−$175 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMDUSDTM	622.59	0.0100	pay 0.0100% / 8h	7h 37m	$1.9M	$313K	20x
Short	Injective AMD/USDC PERP	611.72	0.0033	get 0.0004% / 1h	37m 30s	$5K	$55K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −1.746%Rate

Funding earned: −$14
Price spread: −1.746% → 0.000%: −$174.59
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$200.61
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; Injective: 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

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 Injective no order-book sample	—	—	—	—	—

Injective: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0150%	4h	622.79	+0.032%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.59	0.000%	$2K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.88	−0.114%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.71	+0.019%	$855K	$4.3M	10x	as long as short
Injective AMD/USDC PERPshort	+0.0033%	1h	611.72	−1.746%	$5K	$55K	12x
Vest AMD-USD-PERP	+0.0049%	1h	623.86	+0.204%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.53	−0.170%	$1.5M	$4.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.89	+0.048%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTMlong	+0.0100%	8h	622.59	long leg	$1.9M	$313K	20x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.58	−0.002%	$372	$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	+0.072%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.84	+0.040%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	+0.045%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0232%	8h	623.11	+0.084%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.84	+0.040%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0283%	8h	623.19	+0.096%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0299%	8h	621.83	−0.122%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0320%	1h	622.40	−0.031%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0391%	1h	622.57	−0.003%	$25.1M	$93.2M	10x	as long as short
Polymarket Perps AMD-USD	+0.0394%	1h	622.82	+0.037%	$397K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0426%	1h	622.33	−0.042%	$319K	$171K	10x	as long as short
ApeX Omni AMDUSDT	+0.0491%	1h	621.44	−0.185%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0554%	1h	622.25	−0.055%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.099%	$2.6M	$3.2M	—	as long as short
HTX AMD-USDT	+0.0604%	8h	622.34	−0.040%	$132K	$579K	20x	as long as short
Extended AMD_24_5-USD	+0.0648%	1h	622.91	+0.051%	$466K	$2.3M	10x	as long as short
Binance AMDUSDT	+0.0652%	8h	623.10	+0.081%	$76.0M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0665%	8h	622.66	+0.011%	$6K	$550K	20x	as long as short
Bitget AMDUSDT	+0.0742%	8h	623.16	+0.092%	$10.3M	$17.6M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.88	+0.047%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1587%	8h	622.87	+0.045%	$18K	$131K	10x	as long as short