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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0538%/8h= +58.9% APRnext payment +$5.38 per $10,000 · paid last 24h +0.068%
Price spread now: Bitget against Phemex+0.034%56s7-day average +0.001% · 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+0.145%+$15 on $10k
Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.034%, 7d avg +0.001%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.033% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT620.640get 0.0000% / 8h6m 21s$1.8M$460K10x
ShortBitget AMDUSDT620.850.0538get 0.0538% / 8h6m 21s$10.1M$18.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$112.98
Price spread: +0.034% → +0.001%
$3.27
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$92.25
Costs to cover
0.240%
Break-even
1.3 days
Slippage unknown: Phemex: live order book, 2 min ago; Bitget: live order book, 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 Phemex live order book, 2 min ago7.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.69 bp13.0 bp −$1325.2 bp −$252doesn'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−0.0602%4h620.36−0.046%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.99+0.056%$4.4M$13.7M50xas long as short
SunX AMD-USDT0.0000%8h620.86+0.035%$2K$8.9M10xas long as short
HTX AMD-USDT0.0000%8h620.28−0.058%$132K$579K20xas long as short
Phemex AMDUSDTlong0.0000%8h620.64long leg$1.8M$460K10x
Lighter RH AMD+0.0032%1h620.42−0.035%$838K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.437%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.59+0.153%$950K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h620.40−0.039%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h620.02−0.100%$1.5M$4.9M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.65+0.002%$2.3M$13.6M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h620.04−0.097%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0084%1h620.76+0.019%$25K$24K10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.42−0.035%$1.9M$313K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.31−0.053%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.52−0.019%$379$6K10xas long as short
tradeXYZ xyz:AMD+0.0124%1h620.36−0.045%$24.9M$94.4M10xas long as short
Lighter AMD+0.0128%1h620.48−0.026%$529K$2.5M10xas long as short
OKX AMD-USDT-SWAP+0.0165%8h620.72+0.013%$6.8M$28.7M25xas long as short
Aster AMDUSDT+0.0203%8h620.70+0.010%$72K$416K50xas long as short
Phoenix AMD+0.0207%1h620.32−0.052%$2K$92K10xas long as short
Aevo AMD-PERP+0.0216%1h621.03+0.064%$11K10xas long as short
Nado AMD-PERP+0.0448%1h620.10−0.087%$318K$167K10xas long as short
GRVT AMD_USDT_Perp+0.0468%8h620.44−0.032%$18K$133K10xas long as short
Variational Omni AMD+0.0498%8h620.77+0.021%$2.6M$3.2Mas long as short
Bitget AMDUSDTshort+0.0538%8h620.85+0.034%$10.1M$18.0M20x
BloFin AMD-USDT+0.0542%8h620.48−0.026%$6K$546K20xas long as short
Binance AMDUSDT+0.0543%8h620.85+0.034%$75.6M$192.6M25xas long as short
Extended AMD_24_5-USD+0.0544%1h620.75+0.017%$464K$1.5M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0669%1h620.61−0.005%$77K$160K10xas long as short
Arcus AMD-USD+0.0919%1h620.59−0.008%$145K$264K10xas long as short