Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps+0.171%7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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)−0.150%−$15 · spread now +0.171%, 7d avg +0.108%
Together, before fees−0.297%+ Points / potential airdropOndo Perps: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.063% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.108%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AMD-USD.P613.520.0050pay 0.0006% / 1h40m 38s$1.4M$5.4M10x
ShortPhemex AMDUSDT614.570get 0.0000% / 8h40m 38s$1.7M$465K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$10.58
Price spread: +0.171% → +0.108%
$6.27
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$21.31
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Phemex live order book, 3 min ago12.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMDUSDT−0.0296%8h614.41+0.145%$10.4M$17.4M20xas long as short
edgeX AMDUSDC−0.0230%4h614.22+0.115%$72K$1.7M10xas long as short
Injective AMD/USDC PERP−0.0220%1h551.98−10.031%$2K$59K12xas long as short
Aster AMDUSDT0.0000%8h614.02+0.081%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h614.40+0.143%$4.5M$14.4M50xas long as short
SunX AMD-USDT0.0000%8h614.37+0.139%$2K$8.0M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h613.88+0.059%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h614.26+0.121%$101K$637K20xas long as short
Phemex AMDUSDTshort0.0000%8h614.57+0.171%$1.7M$465K10x
Lighter AMD+0.0032%1h613.83+0.051%$521K$2.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AMD+0.0032%1h613.81+0.047%$798K$4.7M10xas long as short
Arcus AMD-USD+0.0040%1h614.04+0.085%$129K$284K10xas long as short
Vest AMD-USD-PERP+0.0046%1h615.10+0.258%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h613.59+0.011%$22.1M$96.1M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h614.00+0.078%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.Plong+0.0050%1h613.52long leg$1.4M$5.4M10x
QFEX AMD-USD+0.0069%1h614.21+0.112%$2.1M$11.5M10xas long as short
OKX AMD-USDT-SWAP+0.0072%8h614.19+0.109%$6.7M$29.6M25xas long as short
Nado AMD-PERP+0.0092%1h613.96+0.072%$255K$241K10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.73+0.034%$1.9M$297K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h613.44−0.013%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h614.09+0.093%$367$6K10xas long as short
SoDEX AMD-USD+0.0116%1h614.25+0.119%$25K$24K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h614.04+0.085%$312K$1.9M10xas long as short
Aevo AMD-PERP+0.0152%1h614.55+0.167%$11K10xas long as short
Phoenix AMD+0.0157%1h613.57+0.008%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0168%8h613.38−0.023%$19K$180K10xas long as short
Variational Omni AMD+0.0181%8h614.29+0.126%$2.1M$3.8Mas long as short
Binance AMDUSDT+0.0270%8h614.16+0.104%$72.1M$204.7M25xas long as short
Extended AMD_24_5-USD+0.0272%1h613.96+0.072%$458K$3.4M10xas long as short
BloFin AMD-USDT+0.0276%8h614.31+0.129%$6K$554K20xas long as short