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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.046%
Price spread now: Polymarket Perps against Phemex−0.032%46s7-day average −0.067% · 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+0.131%+$13 on $10k
Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.032%, 7d avg −0.067%
Together, before fees+0.299%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps 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 −0.067%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT615.780get 0.0000% / 8h2h 25m$1.7M$455K10x
ShortPolymarket Perps AMD-USD615.580.0050get 0.0006% / 1h25m 30s$409K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: −0.032% → −0.067%
$3.46
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$6.04
Costs to cover
0.200%
Break-even
11.0 days
Slippage unknown: Phemex: live order book, 3 min ago; Polymarket Perps: 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, 3 min ago13.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.11 bp6.3 bp −$66.3 bp −$63doesn'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−0.0139%4h615.93+0.025%$81K$1.6M10xas long as short
OKX AMD-USDT-SWAP0.0000%8h615.65−0.021%$6.7M$28.4M25xas long as short
Gate AMD_USDT0.0000%8h615.79+0.002%$4.3M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h615.84+0.010%$2K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h615.62−0.026%$127K$581K20xas long as short
Phemex AMDUSDTlong0.0000%8h615.78long leg$1.7M$455K10x
Lighter RH AMD+0.0032%1h615.69−0.015%$880K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.659%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h616.59+0.132%$948K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h615.47−0.050%$24.9M$95.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USDshort+0.0050%1h615.58−0.032%$409K$1.6M10x
Ondo Perps AMD-USD.P+0.0050%1h615.05−0.119%$1.4M$4.7M10xas long as short
Aster AMDUSDT+0.0075%8h616.00+0.036%$71K$411K50xas long as short
QFEX AMD-USD+0.0080%1h615.87+0.015%$2.3M$13.1M10xas long as short
Lighter AMD+0.0088%1h615.63−0.024%$599K$2.6M10xas long as short
KuCoin AMDUSDTM+0.0100%8h615.39−0.063%$1.9M$325K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h615.68−0.016%$376$6K10xas long as short
ApeX Omni AMDUSDT+0.0104%1h615.82+0.006%$79K$259K50xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h615.33−0.073%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0122%1h615.57−0.034%$25K$24K10xas long as short
Phoenix AMD+0.0156%1h615.53−0.041%$2K$94K10xas long as short
Aevo AMD-PERP+0.0184%1h616.04+0.042%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0205%1h615.55−0.037%$77K$163K10xas long as short
Nado AMD-PERP+0.0326%1h615.37−0.066%$314K$166K10xas long as short
GRVT AMD_USDT_Perp+0.0356%8h615.91+0.020%$17K$142K10xas long as short
Variational Omni AMD+0.0361%8h615.89+0.017%$2.7M$3.1Mas long as short
BloFin AMD-USDT+0.0396%8h615.96+0.029%$6K$540K20xas long as short
Binance AMDUSDT+0.0422%8h615.90+0.019%$74.9M$192.9M25xas long as short
Extended AMD_24_5-USD+0.0424%1h615.84+0.009%$456K$1.5M10xas long as short
Bitget AMDUSDT+0.0468%8h615.88+0.016%$10.0M$18.2M20xas long as short
Arcus AMD-USD+0.1053%1h615.86+0.013%$142K$282K10xas long as short