Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Coinbase International against QFEX−0.016%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.016%, 7d avg −0.112%
Together, before fees−0.080%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.096% dearer against QFEX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AMD-USD611.360.0067pay 0.0008% / 1h35m 55s$2.1M$11.6M10x
ShortCoinbase International AMD-PERP-INTX611.260.0120get 0.0015% / 1h35m 55s$316K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$11.17
Price spread: −0.016% → −0.112%
$9.58
Slippage, 4 orders
−$11.1
Fee QFEX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$10.36
Costs to cover
0.311%
Break-even
13.5 days
Slippage from QFEX: live order book, 8 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 8 min ago1.47 bp6.5 bp −$69.8 bp −$98doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.93 bp8.9 bp −$913.2 bp −$132doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMDUSDT−0.0415%8h611.90+0.088%$10.3M$17.4M20xas long as short
edgeX AMDUSDC−0.0200%4h611.42+0.011%$72K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h611.62+0.043%$69K$416K50xas long as short
Gate AMD_USDT0.0000%8h611.68+0.052%$4.4M$14.3M50xas long as short
SunX AMD-USDT0.0000%8h611.59+0.038%$1K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h611.00−0.059%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h611.65+0.047%$103K$640K20xas long as short
Phemex AMDUSDT0.0000%8h611.63+0.044%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h611.23−0.021%$520K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h611.22−0.023%$812K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h611.45+0.015%$135K$276K10xas long as short
Vest AMD-USD-PERP+0.0046%1h612.04+0.111%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h611.12−0.039%$22.7M$95.3M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h611.05−0.051%$393K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h611.41+0.008%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h610.81−0.090%$1.4M$5.4M10xas long as short
QFEX AMD-USDlong+0.0067%1h611.36long leg$2.1M$11.6M10x
Injective AMD/USDC PERP+0.0067%1h549.96−10.043%$2K$59K12xas long as short
Nado AMD-PERP+0.0073%1h611.00−0.059%$254K$241K10xas long as short
OKX AMD-USDT-SWAP+0.0087%8h611.58+0.036%$6.6M$29.0M25xas long as short
KuCoin AMDUSDTM+0.0100%8h611.24−0.020%$1.9M$293K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h611.15−0.034%$78K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h611.26−0.016%$366$6K10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0120%1h611.26−0.016%$316K$1.9M10x
Phoenix AMD+0.0143%1h611.11−0.041%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0148%8h611.67+0.050%$20K$174K10xas long as short
Aevo AMD-PERP+0.0160%1h611.61+0.041%$11K10xas long as short
Variational Omni AMD+0.0216%8h611.47+0.018%$2.3M$3.5Mas long as short
BloFin AMD-USDT+0.0298%8h611.92+0.092%$6K$549K20xas long as short
Extended AMD_24_5-USD+0.0304%1h611.47+0.018%$458K$3.1M10xas long as short
Binance AMDUSDT+0.0306%8h611.66+0.049%$71.8M$203.8M25xas long as short