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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.020%
Price spread now: Phoenix against QFEX−0.132%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Phoenix is 0.132% cheaper against QFEX than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5.0 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AMD-USD620.650.0080pay 0.0010% / 1h54m 10s$2.3M$13.4M10x
ShortPhoenix AMD619.830.0169get 0.0021% / 1h54m 10s$2K$92K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$18.63
Price spread: −0.132% → 0.000%
−$13.21
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$11.58
Costs to cover
0.170%
Break-even
11.3 days
Slippage unknown: QFEX: live order book, 5 min ago; Phoenix: no order-book sample. Net counts fees only.

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, 5 min ago1.53 bp6.5 bp −$77.8 bp −$78doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
edgeX AMDUSDC−0.0860%4h620.15−0.081%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.73+0.013%$4.4M$13.5M50xas long as short
SunX AMD-USDT0.0000%8h620.67+0.003%$1K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h620.34−0.050%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h620.24−0.066%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.14−0.082%$835K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.439%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.34+0.111%$950K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.74−0.147%$1.5M$4.8M10xas long as short
QFEX AMD-USDlong+0.0080%1h620.65long leg$2.3M$13.4M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMD-PERP-INTX+0.0080%1h619.63−0.164%$312K$1.8M10xas long as short
Polymarket Perps AMD-USD+0.0087%1h620.27−0.061%$395K$1.6M10xas long as short
OKX AMD-USDT-SWAP+0.0098%8h620.60−0.008%$6.8M$28.6M25xas long as short
KuCoin AMDUSDTM+0.0100%8h619.98−0.108%$1.9M$315K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.33−0.052%$378$6K10xas long as short
tradeXYZ xyz:AMD+0.0142%1h620.03−0.100%$24.9M$94.8M10xas long as short
Phoenix AMDshort+0.0169%1h619.83−0.132%$2K$92K10x
ApeX Omni AMDUSDT+0.0186%1h619.72−0.150%$80K$259K50xas long as short
Aster AMDUSDT+0.0206%8h619.58−0.172%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h620.89+0.039%$11K10xas long as short
Lighter AMD+0.0232%1h620.30−0.056%$533K$2.5M10xas long as short
SoDEX AMD-USD+0.0381%1h620.57−0.013%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0473%8h620.15−0.081%$17K$136K10xas long as short
Variational Omni AMD+0.0480%8h620.23−0.067%$2.7M$3.2Mas long as short
BloFin AMD-USDT+0.0517%8h620.86+0.034%$6K$545K20xas long as short
Nado AMD-PERP+0.0520%1h619.85−0.128%$318K$167K10xas long as short
Extended AMD_24_5-USD+0.0536%1h620.58−0.012%$464K$1.5M10xas long as short
Bitget AMDUSDT+0.0536%8h620.54−0.018%$10.1M$18.1M20xas long as short
Binance AMDUSDT+0.0537%8h620.68+0.005%$75.7M$192.2M25xas long as short
Deribit AMD_USDC-PERPETUAL+0.0831%1h620.35−0.048%$77K$163K10xas long as short
Arcus AMD-USD+0.0919%1h620.48−0.027%$145K$265K10xas long as short