Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0368%/8h= +40.3% APRpaid last 24h +0.079%

Price spread now: Binance against Polymarket Perps+0.060%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 2 days (all we have)+0.073%+$7 · spread now +0.060%, 7d avg +0.067%

Together, before fees+0.115%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	616.24	0.0050	pay 0.0006% / 1h	2m 51s	$405K	$1.6M	10x
Short	Binance AMDUSDT	616.61	0.0418	get 0.0418% / 8h	2h 02m	$74.9M	$193.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.060%Rate

Funding earned: $77.31
Price spread: +0.060% → +0.067%: −$0.68
Slippage, 4 orders: −$9.72
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $48.91
Costs to cover: 0.277%
Break-even: 2.6 days

Slippage from Polymarket Perps: live order book, 1 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 1 min ago	2.19 bp	6.4 bp −$6	7.3 bp −$73	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.08 bp	7.5 bp −$8	13.8 bp −$138	58.2 bp −$5,817	doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0461%	4h	616.54	+0.049%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.39	+0.024%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	616.48	+0.039%	$4.3M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.58	+0.055%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.21	−0.005%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.07	−0.028%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.12	−0.019%	$866K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.733%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.09	+0.138%	—	$949K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	616.07	−0.028%	$24.9M	$95.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USDlong	+0.0050%	1h	616.24	long leg	$405K	$1.6M	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	615.69	−0.089%	$1.4M	$4.8M	10x	as long as short
SoDEX AMD-USD	+0.0054%	1h	616.38	+0.023%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0056%	1h	616.18	−0.010%	$574K	$2.7M	10x	as long as short
Aster AMDUSDT	+0.0076%	8h	616.66	+0.069%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.45	+0.034%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.00	−0.039%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.13	−0.018%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.47	+0.037%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.080%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	615.96	−0.045%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.81	+0.092%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0298%	1h	615.82	−0.068%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0348%	8h	616.55	+0.051%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0366%	8h	616.51	+0.043%	$2.7M	$3.1M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0367%	1h	616.33	+0.015%	$77K	$163K	10x	as long as short
BloFin AMD-USDT	+0.0409%	8h	616.61	+0.060%	$6K	$541K	20x	as long as short
Extended AMD_24_5-USD	+0.0416%	1h	616.54	+0.049%	$456K	$1.5M	10x	as long as short
Binance AMDUSDTshort	+0.0418%	8h	616.61	+0.060%	$74.9M	$193.0M	25x
Bitget AMDUSDT	+0.0464%	8h	616.61	+0.060%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.46	+0.036%	$142K	$282K	10x	as long as short