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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.036%
Price spread now: ApeX Omni against Phemex+0.103%77s7-day average −0.012% · 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+0.271%+$27 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.103%, 7d avg −0.012%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.115% dearer against Phemex than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT621.220get 0.0000% / 8h3h 52m$1.8M$460K10x
ShortApeX Omni AMDUSDT621.860.0100get 0.0013% / 1h52m 03s$80K$258K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$21
Price spread: +0.103% → −0.012%
$11.52
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$10.52
Costs to cover
0.220%
Break-even
3.5 days
Slippage unknown: Phemex: live order book, 1 min ago; ApeX Omni: live order book, 65 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 Phemex live order book, 1 min ago17.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago5.30 bp10.3 bp −$1010.4 bp −$104doesn't fitdoesn't fit

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−0.0779%4h621.91+0.110%$79K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h621.82+0.097%$4.5M$13.7M50xas long as short
Bitget AMDUSDT0.0000%8h621.91+0.111%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h621.85+0.101%$2K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.44+0.035%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h621.69+0.076%$118K$622K20xas long as short
Phemex AMDUSDTlong0.0000%8h621.22long leg$1.8M$460K10x
Lighter AMD+0.0032%1h621.61+0.063%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.63+0.066%$846K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.529%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.14+0.148%$145K$265K10xas long as short
QFEX AMD-USD+0.0049%1h621.72+0.080%$2.1M$11.6M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.46+0.039%$398K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.61+0.063%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.05−0.027%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0066%1h623.08+0.299%$923K25xas long as short
Coinbase International AMD-PERP-INTX+0.0088%1h621.55+0.053%$316K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.59+0.060%$1.9M$292K20xas long as short
ApeX Omni AMDUSDTshort+0.0100%1h621.86+0.103%$80K$258K50x
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.69+0.076%$372$6K10xas long as short
Nado AMD-PERP+0.0124%1h621.42+0.032%$268K$231K10xas long as short
Phoenix AMD+0.0141%1h622.28+0.171%$2K$90K10xas long as short
tradeXYZ xyz:AMD+0.0160%1h621.57+0.056%$23.6M$94.3M10xas long as short
Aster AMDUSDT+0.0219%8h621.58+0.058%$72K$412K50xas long as short
Aevo AMD-PERP+0.0224%1h621.98+0.122%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0226%8h621.67+0.072%$6.9M$28.1M25xas long as short
GRVT AMD_USDT_Perp+0.0299%8h622.39+0.188%$18K$151K10xas long as short
Variational Omni AMD+0.0512%8h622.03+0.130%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0568%1h621.63+0.065%$464K$1.9M10xas long as short
Binance AMDUSDT+0.0570%8h621.79+0.092%$72.9M$196.0M25xas long as short
BloFin AMD-USDT+0.0587%8h621.94+0.116%$7K$550K20xas long as short