Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against Ondo Perps+0.159%7-day average +0.105% · you sell dearer than you buy

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

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.159%, 7d avg +0.105%

Together, before fees−0.503%+ Points / potential airdropOndo Perps: Active · farm board−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.054% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.159% now, against its 7-day average of +0.105%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps AMD-USD.P	609.53	0.0050	pay 0.0006% / 1h	58m 45s	$1.4M	$5.4M	10x
Short	HTX AMD-USDT	610.50	0	get 0.0000% / 8h	6h 58m	$94K	$659K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Ondo Perps. 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 Ondo PerpsbpFee HTXbpOrdersPrice spread, now +0.159%Rate

Funding earned: −$10.58
Price spread: +0.159% → +0.105%: $5.42
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.16
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 35 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 35 min ago	0.08 bp	21.0 bp −$21	26.7 bp −$267	doesn't fit	doesn't fit

Ondo Perps: 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	−0.0336%	4h	610.33	+0.131%	$73K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	610.01	+0.079%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	610.79	+0.207%	$4.7M	$14.4M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	610.66	+0.185%	$10.2M	$16.7M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	610.42	+0.146%	$1K	$7.6M	10x	as long as short
HTX AMD-USDTshort	0.0000%	8h	610.50	+0.159%	$94K	$659K	20x
Phemex AMDUSDT	0.0000%	8h	610.72	+0.195%	$1.7M	$465K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	610.13	+0.098%	$804K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	551.13	−9.581%	$2K	$58K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	610.59	+0.174%	—	$924K	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.Plong	+0.0050%	1h	609.53	long leg	$1.4M	$5.4M	10x
Polymarket Perps AMD-USD	+0.0073%	1h	610.20	+0.110%	$393K	$1.6M	10x	as long as short
QFEX AMD-USD	+0.0076%	1h	610.23	+0.115%	$2.0M	$11.4M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0096%	8h	610.73	+0.197%	$6.7M	$29.9M	25x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	609.96	+0.071%	$1.9M	$378K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	609.32	−0.034%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	610.28	+0.123%	$365	$6K	10x	as long as short
Phoenix AMD	+0.0118%	1h	609.90	+0.061%	$2K	$75K	10x	as long as short
Aevo AMD-PERP	+0.0152%	1h	610.39	+0.141%	$11K	—	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0168%	1h	609.57	+0.007%	$304K	$1.9M	10x	as long as short
tradeXYZ xyz:AMD	+0.0175%	1h	609.92	+0.064%	$21.1M	$97.3M	10x	as long as short
Lighter AMD	+0.0184%	1h	610.19	+0.108%	$522K	$2.3M	10x	as long as short
Variational Omni AMD	+0.0215%	8h	610.06	+0.086%	$2.0M	$3.8M	—	as long as short
Extended AMD_24_5-USD	+0.0288%	1h	610.46	+0.153%	$457K	$3.4M	10x	as long as short
Binance AMDUSDT	+0.0289%	8h	610.45	+0.151%	$72.2M	$205.5M	25x	as long as short
SoDEX AMD-USD	+0.0295%	1h	610.44	+0.149%	$25K	$20K	10x	as long as short
BloFin AMD-USDT	+0.0296%	8h	610.62	+0.179%	$6K	$561K	20x	as long as short
Nado AMD-PERP	+0.0386%	1h	609.62	+0.014%	$250K	$246K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0570%	1h	610.18	+0.107%	$76K	$151K	10x	as long as short
Arcus AMD-USD	+0.0623%	1h	610.15	+0.102%	$122K	$280K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0696%	8h	610.43	+0.148%	$19K	$192K	10x	as long as short