Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.046%

Price spread now: Gate against Polymarket Perps+0.067%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 3 days (all we have)−0.182%−$18 · spread now +0.067%, 7d avg +0.040%

Together, before fees−0.312%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.027% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	616.54	0.0050	pay 0.0006% / 1h	50m 25s	$406K	$1.6M	10x
Short	Gate AMD_USDT	616.95	0	get 0.0000% / 8h	1h 50m	$4.3M	$13.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.067%Rate

Funding earned: −$10.5
Price spread: +0.067% → +0.040%: $2.67
Slippage, 4 orders: −$11.81
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$42.63
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Gate: live order book, 3 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	1.46 bp	5.5 bp −$5	5.7 bp −$57	8.4 bp −$835	doesn't fit
Sell Gate live order book, 3 min ago	1.78 bp	12.6 bp −$13	42.4 bp −$424	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	−0.0342%	4h	617.02	+0.078%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTshort	0.0000%	8h	616.95	+0.067%	$4.3M	$13.2M	50x
SunX AMD-USDT	0.0000%	8h	617.10	+0.091%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.70	+0.026%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.89	+0.057%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0003%	8h	616.82	+0.045%	$6.8M	$28.5M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	616.59	+0.008%	$828K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.782%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.49	+0.154%	—	$949K	25x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	616.54	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	615.97	−0.092%	$1.4M	$4.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0072%	1h	616.33	−0.034%	$24.9M	$95.7M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	615.86	−0.110%	$311K	$1.8M	10x	as long as short
Aster AMDUSDT	+0.0079%	8h	616.93	+0.063%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.98	+0.071%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.30	−0.039%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.89	+0.057%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.83	+0.047%	$376	$6K	10x	as long as short
Lighter AMD	+0.0168%	1h	616.75	+0.034%	$539K	$2.6M	10x	as long as short
Phoenix AMD	+0.0169%	1h	616.54	0.000%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	617.18	+0.103%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0212%	1h	616.82	+0.045%	$25K	$24K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0351%	8h	616.62	+0.013%	$17K	$141K	10x	as long as short
Variational Omni AMD	+0.0374%	8h	617.01	+0.077%	$2.7M	$3.1M	—	as long as short
Nado AMD-PERP	+0.0412%	1h	616.25	−0.047%	$314K	$166K	10x	as long as short
Extended AMD_24_5-USD	+0.0424%	1h	616.93	+0.063%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0427%	8h	617.03	+0.080%	$75.0M	$193.0M	25x	as long as short
BloFin AMD-USDT	+0.0444%	8h	617.14	+0.097%	$6K	$541K	20x	as long as short
Bitget AMDUSDT	+0.0476%	8h	616.92	+0.062%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0529%	1h	616.60	+0.010%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	616.84	+0.049%	$142K	$282K	10x	as long as short