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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Ondo Perps against Phoenix−0.089%48s7-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 7 days−0.121%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.089% cheaper against Phoenix than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMD615.490.0156pay 0.0020% / 1h31m 51s$2K$94K10x
ShortOndo Perps AMD-USD.P614.940.0050get 0.0006% / 1h31m 51s$1.4M$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$22.19
Price spread: −0.089% → 0.000%
−$8.94
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$43.13
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample
Phoenix and Ondo Perps: 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−0.0670%4h615.89+0.065%$81K$1.6M10xas long as short
OKX AMD-USDT-SWAP0.0000%8h615.66+0.028%$6.7M$28.4M25xas long as short
Gate AMD_USDT0.0000%8h615.79+0.049%$4.3M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h615.91+0.068%$2K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h615.64+0.024%$127K$581K20xas long as short
Phemex AMDUSDT0.0000%8h615.85+0.058%$1.7M$454K10xas long as short
Lighter RH AMD+0.0032%1h615.52+0.005%$881K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.613%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h616.40+0.148%$948K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h615.32−0.028%$24.9M$95.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h615.56+0.011%$409K$1.6M10xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h614.94−0.089%$1.4M$4.7M10x
Aster AMDUSDT+0.0071%8h615.93+0.072%$71K$411K50xas long as short
QFEX AMD-USD+0.0080%1h615.87+0.062%$2.3M$13.1M10xas long as short
Lighter AMD+0.0088%1h615.55+0.010%$600K$2.6M10xas long as short
KuCoin AMDUSDTM+0.0100%8h615.15−0.055%$1.9M$326K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h615.51+0.003%$79K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h615.74+0.041%$376$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h615.04−0.073%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0123%1h615.66+0.028%$25K$24K10xas long as short
Phoenix AMDlong+0.0156%1h615.49long leg$2K$94K10x
Aevo AMD-PERP+0.0184%1h616.10+0.099%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0189%1h615.51+0.003%$77K$163K10xas long as short
Nado AMD-PERP+0.0332%1h615.14−0.056%$314K$166K10xas long as short
GRVT AMD_USDT_Perp+0.0343%8h615.91+0.068%$18K$141K10xas long as short
Variational Omni AMD+0.0356%8h615.85+0.059%$2.7M$3.1Mas long as short
BloFin AMD-USDT+0.0384%8h616.01+0.084%$6K$540K20xas long as short
Binance AMDUSDT+0.0416%8h615.90+0.067%$74.9M$192.9M25xas long as short
Extended AMD_24_5-USD+0.0416%1h615.85+0.059%$456K$1.5M10xas long as short
Bitget AMDUSDT+0.0460%8h615.65+0.026%$10.0M$18.2M20xas long as short
Arcus AMD-USD+0.1053%1h615.73+0.039%$142K$282K10xas long as short