Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h +0.014%

Price spread now: ApeX Omni against OKX−0.016%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$350.352% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.016%, 7d avg +0.038%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.054% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMD-USDT-SWAP	621.96	0.0228	pay 0.0228% / 8h	3h 53m	$6.9M	$28.2M	25x
Short	ApeX Omni AMDUSDT	621.86	0.0100	get 0.0013% / 1h	53m 01s	$80K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.016%Rate

Funding earned: −$26.79
Price spread: −0.016% → +0.038%: −$5.4
Slippage, 4 orders: −$15.18
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$67.37
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; ApeX Omni: live order book, 64 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 OKX live order book, 1 min ago	0.24 bp	7.5 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 64 min ago	5.30 bp	10.3 bp −$10	10.4 bp −$104	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	−0.0779%	4h	621.91	−0.009%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.01	+0.008%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.17	+0.034%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	621.90	−0.010%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.44	−0.084%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.78	−0.029%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.00	+0.006%	$1.8M	$460K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.70	−0.042%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.63	−0.053%	$846K	$4.4M	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	622.21	+0.040%	$145K	$266K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	621.83	−0.021%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.52	−0.071%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	621.83	−0.021%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.05	−0.146%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0066%	1h	623.19	+0.198%	—	$923K	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	621.55	−0.066%	$316K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.67	−0.047%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	621.86	−0.016%	$80K	$258K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.79	−0.027%	$372	$6K	10x	as long as short
Nado AMD-PERP	+0.0116%	1h	621.42	−0.087%	$268K	$231K	10x	as long as short
Phoenix AMD	+0.0141%	1h	622.28	+0.051%	$2K	$90K	10x	as long as short
tradeXYZ xyz:AMD	+0.0166%	1h	621.65	−0.050%	$23.6M	$94.3M	10x	as long as short
Aster AMDUSDT	+0.0222%	8h	621.68	−0.045%	$72K	$412K	50x	as long as short
Aevo AMD-PERP	+0.0224%	1h	622.11	+0.025%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAPlong	+0.0228%	8h	621.96	long leg	$6.9M	$28.2M	25x
GRVT AMD_USDT_Perp	+0.0299%	8h	622.39	+0.069%	$18K	$151K	10x	as long as short
Variational Omni AMD	+0.0512%	8h	622.03	+0.011%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0574%	8h	621.95	−0.002%	$72.9M	$196.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0576%	1h	621.78	−0.028%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0587%	8h	621.94	−0.003%	$7K	$550K	20x	as long as short