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+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.090%
Price spread now: GRVT against Phemex+0.043%7-day average +0.009% · 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+0.170%+$17 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.043%, 7d avg +0.009%
Together, before fees+0.222%+ Points / potential airdropGRVT: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.035% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT613.420get 0.0000% / 8h2h 17m$1.7M$462K10x
ShortGRVT AMD_USDT_Perp613.690.0155get 0.0155% / 8h2h 17m$19K$169K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$32.55
Price spread: +0.043% → +0.009%
$3.46
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$15.01
Costs to cover
0.210%
Break-even
3.8 days
Slippage unknown: Phemex: live order book, 1 min ago; GRVT: live order book, 30 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 ago11.42 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 30 min ago1.54 bp9.5 bp −$1013.6 bp −$136doesn'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−0.0813%4h612.40−0.166%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0316%8h613.56+0.023%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h613.58+0.026%$4.4M$14.2M50xas long as short
SunX AMD-USDT0.0000%8h613.62+0.033%$1K$8.1M10xas long as short
HTX AMD-USDT0.0000%8h613.84+0.068%$107K$639K20xas long as short
Phemex AMDUSDTlong0.0000%8h613.42long leg$1.7M$462K10x
Lighter AMD+0.0032%1h613.07−0.057%$526K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h612.93−0.080%$823K$4.7M10xas long as short
QFEX AMD-USD+0.0032%1h613.40−0.003%$2.1M$11.6M10xas long as short
Aster AMDUSDT+0.0035%8h613.76+0.055%$69K$415K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h612.87−0.090%$137K$274K10xas long as short
Vest AMD-USD-PERP+0.0046%1h614.03+0.099%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.95−0.077%$23.0M$95.0M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.04−0.062%$394K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h612.87−0.090%$1.3M$5.3M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h613.16−0.042%$317K$1.9M10xas long as short
Nado AMD-PERP+0.0091%1h612.94−0.078%$255K$240K10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.04−0.062%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h613.47+0.008%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.83+0.067%$367$6K10xas long as short
SoDEX AMD-USD+0.0110%1h613.93+0.083%$25K$24K10xas long as short
OKX AMD-USDT-SWAP+0.0120%8h613.30−0.020%$6.5M$29.0M25xas long as short
GRVT AMD_USDT_Perpshort+0.0155%8h613.69+0.043%$19K$169K10x
Aevo AMD-PERP+0.0176%1h614.24+0.133%$11K10xas long as short
Phoenix AMD+0.0195%1h610.83−0.422%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.130%$2K$59K12xas long as short
Deribit AMD_USDC-PERPETUAL+0.0256%1h613.54+0.020%$76K$151K10xas long as short
Variational Omni AMD+0.0275%8h612.62−0.130%$2.5M$3.3Mas long as short
BloFin AMD-USDT+0.0354%8h613.50+0.013%$6K$546K20xas long as short
Binance AMDUSDT+0.0367%8h613.41−0.002%$72.0M$202.9M25xas long as short
Extended AMD_24_5-USD+0.0368%1h613.24−0.030%$457K$3.1M10xas long as short