Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.022%

Price spread now: Bitget against Polymarket Perps+0.045%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.045%, 7d avg +0.062%

Together, before fees−0.119%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$13 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 0.014% in total (about 0.8% 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	617.09	0.0050	pay 0.0006% / 1h	40m 04s	$406K	$1.6M	10x
Short	Bitget AMDUSDT	617.37	0.0492	get 0.0492% / 8h	1h 40m	$10.1M	$18.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.045%Rate

Funding earned: $92.82
Price spread: +0.045% → +0.062%: −$1.66
Slippage, 4 orders: −$17.82
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $53.34
Costs to cover: 0.378%
Break-even: 3.0 days

Slippage from Polymarket Perps: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago	2.03 bp	6.0 bp −$6	6.0 bp −$60	8.4 bp −$845	doesn't fit
Sell Bitget live order book, 4 min ago	1.38 bp	12.6 bp −$13	28.9 bp −$289	doesn't fit	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	−0.0729%	4h	617.25	+0.025%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	617.41	+0.052%	$4.4M	$13.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	617.48	+0.063%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	617.17	+0.013%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	617.37	+0.045%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0018%	8h	617.25	+0.026%	$6.8M	$28.6M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	617.06	−0.005%	$828K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.870%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	618.00	+0.147%	—	$949K	25x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	617.09	long leg	$406K	$1.6M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	616.01	−0.175%	$1.4M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.60	−0.079%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	617.30	+0.034%	$2.3M	$13.2M	10x	as long as short
tradeXYZ xyz:AMD	+0.0081%	1h	616.78	−0.050%	$24.8M	$95.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.69	−0.065%	$1.9M	$323K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	617.28	+0.031%	$377	$6K	10x	as long as short
Aster AMDUSDT	+0.0106%	8h	616.96	−0.021%	$71K	$416K	50x	as long as short
ApeX Omni AMDUSDT	+0.0156%	1h	616.82	−0.044%	$79K	$259K	50x	as long as short
Phoenix AMD	+0.0169%	1h	616.47	−0.100%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0192%	1h	617.78	+0.112%	$11K	—	10x	as long as short
Lighter AMD	+0.0216%	1h	617.22	+0.021%	$533K	$2.6M	10x	as long as short
SoDEX AMD-USD	+0.0255%	1h	617.27	+0.029%	$25K	$24K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0374%	8h	617.06	−0.005%	$17K	$140K	10x	as long as short
Variational Omni AMD	+0.0398%	8h	617.34	+0.041%	$2.7M	$3.1M	—	as long as short
Nado AMD-PERP	+0.0429%	1h	616.52	−0.092%	$314K	$166K	10x	as long as short
BloFin AMD-USDT	+0.0448%	8h	617.41	+0.052%	$6K	$541K	20x	as long as short
Extended AMD_24_5-USD	+0.0448%	1h	617.44	+0.056%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0451%	8h	617.53	+0.071%	$75.3M	$193.3M	25x	as long as short
Bitget AMDUSDTshort	+0.0492%	8h	617.37	+0.045%	$10.1M	$18.2M	20x
Deribit AMD_USDC-PERPETUAL	+0.0610%	1h	617.14	+0.008%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	617.17	+0.013%	$142K	$275K	10x	as long as short