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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.024%
Price spread now: Coinbase International against Phemex−0.098%7-day average −0.127% · you buy dearer than you sell
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+0.154%+$15 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.098%, 7d avg −0.127%
Together, before fees+0.180%+$18 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 Coinbase International is 0.029% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT622.160get 0.0000% / 8h3h 56m$1.8M$460K10x
ShortCoinbase International AMD-PERP-INTX621.550.0088get 0.0011% / 1h56m 04s$316K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$18.48
Price spread: −0.098% → −0.127%
$2.87
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$0.65
Costs to cover
0.220%
Break-even
7.2 days
Slippage unknown: Phemex: live order book, 2 min ago; Coinbase International: 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 Phemex live order book, 2 min ago8.04 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.94 bp8.9 bp −$912.4 bp −$124doesn'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−0.0021%4h622.40+0.038%$79K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h622.17+0.002%$4.5M$13.6M50xas long as short
Bitget AMDUSDT0.0000%8h622.32+0.026%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h622.14−0.003%$2K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.51−0.104%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h621.90−0.042%$118K$622K20xas long as short
Phemex AMDUSDTlong0.0000%8h622.16long leg$1.8M$460K10x
Lighter AMD+0.0032%1h621.90−0.042%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.83−0.053%$846K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.678%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.55+0.063%$145K$266K10xas long as short
QFEX AMD-USD+0.0049%1h622.19+0.005%$2.1M$11.6M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.80−0.058%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.98−0.029%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.50−0.106%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0065%1h623.59+0.230%$923K25xas long as short
Coinbase International AMD-PERP-INTXshort+0.0088%1h621.55−0.098%$316K$1.9M10x
Nado AMD-PERP+0.0096%1h621.91−0.041%$268K$230K10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.85−0.050%$1.9M$291K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.08−0.013%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.98−0.029%$372$6K10xas long as short
tradeXYZ xyz:AMD+0.0160%1h621.81−0.056%$23.6M$94.5M10xas long as short
Phoenix AMD+0.0206%1h622.28+0.019%$2K$90K10xas long as short
Aevo AMD-PERP+0.0224%1h622.30+0.022%$11K10xas long as short
Aster AMDUSDT+0.0228%8h621.83−0.052%$72K$412K50xas long as short
OKX AMD-USDT-SWAP+0.0230%8h622.06−0.016%$6.9M$28.2M25xas long as short
GRVT AMD_USDT_Perp+0.0303%8h622.56+0.064%$18K$151K10xas long as short
Variational Omni AMD+0.0512%8h622.03−0.022%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0582%8h622.06−0.015%$72.9M$195.9M25xas long as short
Extended AMD_24_5-USD+0.0584%1h621.94−0.035%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0601%8h622.52+0.058%$7K$550K20xas long as short