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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.042%
Price spread now: Variational Omni against Ondo Perps+0.305%7-day average +0.099% · 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 3 days (all we have)+0.017%+$2 on $10k
Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.305%, 7d avg +0.099%
Together, before fees−0.327%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.206% dearer against Ondo Perps than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.099%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.017% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AMD-USD.P618.370.0050pay 0.0006% / 1h22m 32s$1.5M$4.8M10x
ShortVariational Omni AMD620.260.0439get 0.0439% / 8h1h 22m$2.7M$3.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$81.57
Price spread: +0.305% → +0.099%
$20.6
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$97.17
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago2.48 bpdoesn't fit13.2 bp −$132doesn'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
edgeX AMDUSDC−0.0313%4h619.73+0.220%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h619.74+0.222%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h619.64+0.205%$2K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h619.27+0.146%$132K$583K20xas long as short
Phemex AMDUSDT0.0000%8h618.97+0.097%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h619.32+0.154%$833K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.075%$5K$55K12xas long as short
OKX AMD-USDT-SWAP+0.0041%8h619.40+0.167%$6.8M$28.7M25xas long as short
Vest AMD-USD-PERP+0.0046%1h620.27+0.307%$950K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h619.24+0.141%$395K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.Plong+0.0050%1h618.37long leg$1.5M$4.8M10x
Coinbase International AMD-PERP-INTX+0.0072%1h618.86+0.079%$311K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0080%1h619.21+0.136%$24.8M$95.5M10xas long as short
QFEX AMD-USD+0.0080%1h619.69+0.213%$2.3M$13.3M10xas long as short
KuCoin AMDUSDTM+0.0100%8h619.25+0.142%$1.9M$322K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h619.37+0.162%$378$6K10xas long as short
Aster AMDUSDT+0.0157%8h618.89+0.084%$72K$416K50xas long as short
Phoenix AMD+0.0169%1h619.56+0.192%$2K$94K10xas long as short
Lighter AMD+0.0192%1h619.49+0.181%$535K$2.6M10xas long as short
Aevo AMD-PERP+0.0200%1h619.81+0.232%$11K10xas long as short
ApeX Omni AMDUSDT+0.0258%1h619.58+0.196%$80K$259K50xas long as short
SoDEX AMD-USD+0.0289%1h619.39+0.165%$25K$24K10xas long as short
Nado AMD-PERP+0.0405%1h618.86+0.078%$315K$166K10xas long as short
GRVT AMD_USDT_Perp+0.0436%8h619.64+0.205%$18K$139K10xas long as short
Variational Omni AMDshort+0.0439%8h620.26+0.305%$2.7M$3.1M
Deribit AMD_USDC-PERPETUAL+0.0461%1h619.29+0.149%$77K$163K10xas long as short
Binance AMDUSDT+0.0494%8h619.76+0.226%$75.6M$193.5M25xas long as short
Extended AMD_24_5-USD+0.0496%1h619.62+0.203%$458K$1.5M10xas long as short
Bitget AMDUSDT+0.0509%8h619.71+0.217%$10.1M$18.2M20xas long as short
BloFin AMD-USDT+0.0516%8h619.64+0.205%$6K$543K20xas long as short
Arcus AMD-USD+0.0780%1h619.47+0.178%$145K$270K10xas long as short