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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0556%/8h= +60.8% APRpaid last 24h +0.075%
Price spread now: BloFin against Phoenix+0.069%7-day average · 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−0.038%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BloFin is 0.069% dearer against Phoenix than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMD621.300.0245pay 0.0031% / 1h14m 34s$2K$90K10x
ShortBloFin AMD-USDT621.730.0801get 0.0801% / 8h5h 14m$7K$548K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Phoenix. 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
$116.67
Price spread: +0.069% → 0.000%
$6.92
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$104.59
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 27 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 Phoenix no order-book sample
Sell BloFin live order book, 27 min ago0.08 bp9.8 bp −$1014.5 bp −$145doesn't fitdoesn't fit
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0058%4h621.59+0.047%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.60+0.048%$2K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h621.46+0.026%$122K$597K20xas long as short
Phemex AMDUSDT0.0000%8h621.78+0.077%$1.8M$459K10xas long as short
Gate AMD_USDT+0.0013%8h621.71+0.066%$4.5M$13.3M50xas long as short
Bitget AMDUSDT+0.0021%8h621.53+0.037%$10.3M$17.0M20xas long as short
Lighter RH AMD+0.0032%1h621.05−0.040%$854K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.542%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.41+0.018%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.18−0.019%$398K$1.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h620.71−0.095%$1.5M$4.1M10xas long as short
Vest AMD-USD-PERP+0.0053%1h622.59+0.208%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.45+0.024%$2.1M$11.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.97−0.053%$1.9M$281K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.24−0.010%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.56+0.042%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h620.69−0.098%$300K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0166%1h621.00−0.048%$25.1M$93.7M10xas long as short
SoDEX AMD-USD+0.0215%1h621.41+0.018%$25K$24K10xas long as short
Lighter AMD+0.0232%1h621.20−0.016%$544K$2.5M10xas long as short
Phoenix AMDlong+0.0245%1h621.30long leg$2K$90K10x
Deribit AMD_USDC-PERPETUAL+0.0266%1h621.08−0.035%$77K$151K10xas long as short
Aevo AMD-PERP+0.0272%1h621.84+0.087%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0309%8h621.300.000%$6.9M$27.9M25xas long as short
Nado AMD-PERP+0.0322%1h620.98−0.052%$269K$217K10xas long as short
Aster AMDUSDT+0.0397%8h621.00−0.049%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0692%8h621.63+0.053%$18K$138K10xas long as short
Variational Omni AMD+0.0718%8h621.62+0.052%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0776%1h621.38+0.013%$464K$1.9M10xas long as short
Binance AMDUSDT+0.0778%8h621.53+0.036%$75.6M$189.9M25xas long as short
BloFin AMD-USDTshort+0.0801%8h621.73+0.069%$7K$548K20x