Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0125%/8h= −13.6% APRpaid last 24h +0.009%

Price spread now: Polymarket Perps against OKX−0.031%47s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as 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−$270.267% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.031%, 7d avg −0.007%

Together, before fees+0.247%+$25 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 Polymarket Perps is 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you. The two prices were read 47 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	OKX AMD-USDT-SWAP	620.59	0.0175	pay 0.0175% / 8h	0m 36s	$6.8M	$28.6M	25x
Short	Polymarket Perps AMD-USD	620.40	0.0050	get 0.0006% / 1h	0m 36s	$395K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$26.16
Price spread: −0.031% → −0.007%: −$2.34
Slippage, 4 orders: −$8.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$55.25
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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, 3 min ago	0.40 bp	5.8 bp −$6	12.9 bp −$129	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.58 bp	8.2 bp −$8	8.6 bp −$86	10.8 bp −$1,082	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	−0.0174%	4h	620.85	+0.041%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	621.01	+0.068%	$4.4M	$13.7M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.69	+0.016%	$1K	$8.9M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.64	+0.008%	$132K	$579K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.86	+0.044%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.43	−0.026%	$839K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.429%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.59	+0.161%	—	$950K	25x	as long as short
Polymarket Perps AMD-USDshort	+0.0050%	1h	620.40	−0.031%	$395K	$1.6M	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	619.66	−0.150%	$1.5M	$4.9M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0080%	1h	620.65	+0.010%	$2.3M	$13.6M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	620.34	−0.040%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.59	0.000%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.44	−0.024%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.50	−0.015%	$379	$6K	10x	as long as short
SoDEX AMD-USD	+0.0106%	1h	620.62	+0.005%	$25K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0133%	1h	620.41	−0.029%	$24.9M	$94.5M	10x	as long as short
Lighter AMD	+0.0136%	1h	620.48	−0.018%	$530K	$2.5M	10x	as long as short
OKX AMD-USDT-SWAPlong	+0.0175%	8h	620.59	long leg	$6.8M	$28.6M	25x
Phoenix AMD	+0.0207%	1h	620.52	−0.011%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0212%	8h	620.91	+0.052%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	621.01	+0.068%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0456%	1h	620.04	−0.088%	$318K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0471%	8h	620.74	+0.024%	$18K	$133K	10x	as long as short
Variational Omni AMD	+0.0506%	8h	620.66	+0.011%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0538%	8h	620.77	+0.029%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0544%	8h	620.77	+0.029%	$10.1M	$17.9M	20x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.67	+0.013%	$464K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0553%	8h	620.76	+0.027%	$75.6M	$192.7M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0573%	1h	620.52	−0.011%	$77K	$160K	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.54	−0.008%	$145K	$264K	10x	as long as short