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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0195%/8h= −21.4% APRnext payment $0.24 per $10,000 · paid last 24h +0.024%
Price spread now: Deribit against Phoenix−0.005%50s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMD613.900.0195pay 0.0024% / 1h59m 19s$2K$89K10x
ShortDeribit AMD_USDC-PERPETUAL613.870get 0.0000% / 1h59m 19s$76K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$40.98
Price spread: −0.005% → 0.000%
−$0.49
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$55.47
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Deribit: live order book, 49 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 Deribit live order book, 49 min ago3.49 bp11.1 bp −$1113.7 bp −$137doesn'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−0.0368%4h614.16+0.042%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0260%8h614.10+0.033%$10.3M$17.4M20xas long as short
Gate AMD_USDT0.0000%8h614.07+0.028%$4.4M$14.2M50xas long as short
SunX AMD-USDT0.0000%8h614.39+0.080%$2K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUALshort0.0000%1h613.87−0.005%$76K$151K10x
HTX AMD-USDT0.0000%8h614.30+0.065%$105K$641K20xas long as short
Phemex AMDUSDT0.0000%8h613.64−0.042%$1.7M$462K10xas long as short
Aster AMDUSDT+0.0012%8h613.85−0.008%$70K$416K50xas long as short
Lighter AMD+0.0032%1h613.81−0.015%$526K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h613.55−0.057%$813K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0032%1h613.84−0.010%$2.1M$11.6M10xas long as short
Arcus AMD-USD+0.0040%1h614.04+0.023%$137K$275K10xas long as short
Vest AMD-USD-PERP+0.0046%1h614.62+0.117%$925K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.52−0.062%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h613.28−0.101%$1.4M$5.4M10xas long as short
Nado AMD-PERP+0.0056%1h613.45−0.073%$255K$241K10xas long as short
Injective AMD/USDC PERP+0.0067%1h551.80−10.116%$2K$59K12xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h613.59−0.050%$317K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.60−0.049%$1.9M$293K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h614.00+0.016%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.46−0.072%$367$6K10xas long as short
OKX AMD-USDT-SWAP+0.0110%8h613.68−0.036%$6.6M$29.1M25xas long as short
SoDEX AMD-USD+0.0117%1h614.22+0.052%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0154%8h614.27+0.060%$19K$171K10xas long as short
Aevo AMD-PERP+0.0168%1h613.73−0.028%$11K10xas long as short
Phoenix AMDlong+0.0195%1h613.90long leg$2K$89K10x
tradeXYZ xyz:AMD+0.0198%1h613.52−0.062%$23.1M$95.1M10xas long as short
Variational Omni AMD+0.0255%8h614.42+0.084%$2.5M$3.3Mas long as short
Binance AMDUSDT+0.0342%8h613.81−0.015%$72.2M$203.4M25xas long as short
Extended AMD_24_5-USD+0.0344%1h613.54−0.059%$457K$3.1M10xas long as short
BloFin AMD-USDT+0.0365%8h614.32+0.068%$6K$550K20xas long as short