Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0222%/8h= +24.4% APRpaid last 24h −0.019%

Price spread now: HTX against Polymarket Perps+0.035%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on Polymarket Perps Short on HTX

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)−0.036%−$4 · spread now +0.035%, 7d avg +0.062%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.062%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% 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	622.82	0.0394	pay 0.0049% / 1h	37m 02s	$397K	$1.5M	10x
Short	HTX AMD-USDT	623.04	0.0617	get 0.0617% / 8h	7h 37m	$132K	$579K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $46.72
Price spread: +0.035% → +0.062%: −$2.69
Slippage, 4 orders: −$10.38
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $13.66
Costs to cover: 0.304%
Break-even: 5.0 days

Slippage from Polymarket Perps: live order book, 1 min ago; HTX: live order book, 36 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	1.53 bp	5.7 bp −$6	5.8 bp −$58	8.3 bp −$833	doesn't fit
Sell HTX live order book, 36 min ago	0.81 bp	8.7 bp −$9	12.7 bp −$127	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	−0.0150%	4h	622.79	−0.005%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.24	+0.067%	$2K	$8.7M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.43	−0.063%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.49	−0.053%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.782%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0049%	1h	623.86	+0.167%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.53	−0.207%	$1.5M	$4.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.89	+0.011%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.35	−0.075%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.99	+0.027%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+0.035%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.72	−0.016%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	+0.008%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0235%	8h	623.11	+0.047%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.39	+0.091%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0283%	8h	623.29	+0.075%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0299%	8h	621.84	−0.157%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0335%	1h	622.87	+0.008%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0388%	1h	622.31	−0.082%	$25.1M	$93.2M	10x	as long as short
Polymarket Perps AMD-USDlong	+0.0394%	1h	622.82	long leg	$397K	$1.5M	10x
Nado AMD-PERP	+0.0426%	1h	622.33	−0.079%	$319K	$171K	10x	as long as short
ApeX Omni AMDUSDT	+0.0491%	1h	621.44	−0.222%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0570%	1h	622.74	−0.013%	$78K	$151K	10x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.062%	$2.6M	$3.2M	—	as long as short
HTX AMD-USDTshort	+0.0617%	8h	623.04	+0.035%	$132K	$579K	20x
Extended AMD_24_5-USD	+0.0648%	1h	622.79	−0.005%	$466K	$2.3M	10x	as long as short
Binance AMDUSDT	+0.0652%	8h	622.86	+0.006%	$75.9M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0680%	8h	623.30	+0.077%	$6K	$551K	20x	as long as short
Bitget AMDUSDT	+0.0742%	8h	623.16	+0.055%	$10.3M	$17.6M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.88	+0.010%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1587%	8h	622.87	+0.008%	$18K	$131K	10x	as long as short