Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.006%

Price spread now: Aster against QFEX−0.026%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on QFEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.026%, 7d avg +0.019%

Together, before fees+0.325%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.046% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.019%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AMD-USD	611.69	0.0067	pay 0.0008% / 1h	42m 56s	$2.1M	$11.6M	10x
Short	Aster AMDUSDT	611.53	0	get 0.0000% / 8h	1h 42m	$69K	$416K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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 QFEXbpFee AsterbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$14.03
Price spread: −0.026% → +0.019%: −$4.58
Slippage, 4 orders: −$18.13
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$54.74
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from QFEX: live order book, 6 min ago; Aster: live order book, 64 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 QFEX live order book, 6 min ago	1.47 bp	6.5 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit
Sell Aster live order book, 64 min ago	3.00 bp	11.3 bp −$11	doesn't fit	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
Bitget AMDUSDT	−0.0361%	8h	611.90	+0.034%	$10.3M	$17.4M	20x	as long as short
edgeX AMDUSDC	−0.0318%	4h	611.74	+0.007%	$72K	$1.7M	10x	as long as short
Aster AMDUSDTshort	0.0000%	8h	611.53	−0.026%	$69K	$416K	50x
Gate AMD_USDT	0.0000%	8h	611.43	−0.043%	$4.4M	$14.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	612.09	+0.065%	$2K	$8.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.98	+0.047%	$103K	$642K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.12	−0.093%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	611.43	−0.043%	$520K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	611.34	−0.057%	$812K	$4.7M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	611.65	−0.007%	$135K	$276K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0046%	1h	612.41	+0.118%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	610.96	−0.119%	$22.7M	$95.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	611.57	−0.020%	$394K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	611.74	+0.008%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	611.06	−0.103%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USDlong	+0.0067%	1h	611.69	long leg	$2.1M	$11.6M	10x
Injective AMD/USDC PERP	+0.0067%	1h	551.80	−9.791%	$2K	$59K	12x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0077%	1h	611.31	−0.062%	$76K	$151K	10x	as long as short
Nado AMD-PERP	+0.0078%	1h	611.19	−0.081%	$254K	$241K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0098%	8h	611.27	−0.069%	$6.6M	$29.0M	25x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	611.15	−0.088%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.72	+0.005%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.60	−0.015%	$366	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	611.26	−0.070%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	611.68	−0.002%	$2K	$90K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0155%	8h	611.84	+0.025%	$20K	$174K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	611.85	+0.027%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0234%	8h	611.83	+0.023%	$2.4M	$3.4M	—	as long as short
Binance AMDUSDT	+0.0318%	8h	611.39	−0.049%	$71.8M	$203.8M	25x	as long as short
Extended AMD_24_5-USD	+0.0320%	1h	611.26	−0.071%	$457K	$3.1M	10x	as long as short
BloFin AMD-USDT	+0.0322%	8h	611.71	+0.003%	$6K	$549K	20x	as long as short