Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h −0.016%

Price spread now: Injective against OKX−0.090%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.090% cheaper against OKX than usual: you would sell low and buy high (spread −0.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMD-USDT-SWAP	613.17	0.0119	pay 0.0119% / 8h	2h 18m	$6.5M	$29.0M	25x
Short	Injective AMD/USDC PERP	612.62	0.0220	get 0.0028% / 1h	18m 42s	$2K	$59K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.090%Rate

Funding earned: $21.27
Price spread: −0.090% → 0.000%: −$8.97
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $2.28
Costs to cover: 0.100%
Break-even: 6.3 days

Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago	0.25 bp	7.1 bp −$7	11.7 bp −$117	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	−0.0813%	4h	612.40	−0.126%	$72K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0317%	8h	613.74	+0.093%	$10.3M	$17.3M	20x	as long as short
Gate AMD_USDT	0.0000%	8h	613.50	+0.054%	$4.4M	$14.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.75	+0.095%	$2K	$8.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.66	+0.080%	$107K	$639K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.51	+0.055%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	613.13	−0.007%	$526K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.00	−0.028%	$823K	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	613.65	+0.078%	$2.1M	$11.6M	10x	as long as short
Aster AMDUSDT	+0.0035%	8h	613.64	+0.077%	$69K	$415K	50x	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	612.26	−0.148%	$137K	$273K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.90	+0.119%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	613.00	−0.028%	$23.1M	$95.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.34	+0.028%	$394K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.87	−0.049%	$1.3M	$5.3M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	613.16	−0.002%	$317K	$1.9M	10x	as long as short
Nado AMD-PERP	+0.0089%	1h	612.92	−0.040%	$255K	$240K	10x	as long as short
SoDEX AMD-USD	+0.0095%	1h	613.31	+0.023%	$25K	$24K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.97	−0.033%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	610.52	−0.432%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.38	+0.034%	$367	$6K	10x	as long as short
OKX AMD-USDT-SWAPlong	+0.0119%	8h	613.17	long leg	$6.5M	$29.0M	25x
GRVT AMD_USDT_Perp	+0.0143%	8h	611.22	−0.318%	$20K	$168K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	613.80	+0.103%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	610.83	−0.382%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERPshort	+0.0220%	1h	612.62	−0.090%	$2K	$59K	12x
Deribit AMD_USDC-PERPETUAL	+0.0256%	1h	613.18	+0.002%	$76K	$151K	10x	as long as short
Variational Omni AMD	+0.0275%	8h	612.62	−0.089%	$2.5M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0354%	8h	613.50	+0.054%	$6K	$546K	20x	as long as short
Binance AMDUSDT	+0.0368%	8h	613.51	+0.055%	$71.8M	$202.7M	25x	as long as short
Extended AMD_24_5-USD	+0.0368%	1h	613.36	+0.032%	$457K	$3.1M	10x	as long as short