Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: tradeXYZ against SoDEX−0.085%72s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.085% cheaper against SoDEX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AMD-USD	611.74	0.0050	pay 0.0006% / 1h	42m 12s	$25K	$24K	10x
Short	tradeXYZ xyz:AMD	611.22	0.0050	get 0.0006% / 1h	42m 12s	$22.7M	$95.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against SoDEX. 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 SoDEXbpFee tradeXYZbpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → 0.000%: −$8.5
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$34.5
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 7 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 7 min ago	1.06 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AMDUSDT	−0.0370%	8h	611.81	+0.011%	$10.3M	$17.4M	20x	as long as short
edgeX AMDUSDC	−0.0318%	4h	611.74	−0.001%	$72K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	611.78	+0.006%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	611.77	+0.005%	$4.4M	$14.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.52	−0.036%	$2K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	611.18	−0.092%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.49	−0.041%	$103K	$642K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.77	+0.005%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	611.43	−0.051%	$520K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	611.33	−0.067%	$812K	$4.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	611.55	−0.031%	$135K	$276K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	612.05	+0.051%	—	$925K	25x	as long as short
tradeXYZ xyz:AMDshort	+0.0050%	1h	611.22	−0.085%	$22.7M	$95.4M	10x
Polymarket Perps AMD-USD	+0.0050%	1h	611.17	−0.093%	$394K	$1.6M	10x	as long as short
SoDEX AMD-USDlong	+0.0050%	1h	611.74	long leg	$25K	$24K	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	610.77	−0.159%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0067%	1h	611.30	−0.072%	$2.1M	$11.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.80	−9.798%	$2K	$59K	12x	as long as short
Nado AMD-PERP	+0.0076%	1h	611.04	−0.114%	$254K	$241K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0096%	8h	611.44	−0.049%	$6.6M	$29.0M	25x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	611.30	−0.072%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.72	−0.003%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.46	−0.046%	$366	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	611.26	−0.078%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	611.68	−0.010%	$2K	$90K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0155%	8h	611.84	+0.016%	$20K	$174K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	611.70	−0.006%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0234%	8h	611.83	+0.014%	$2.4M	$3.4M	—	as long as short
Binance AMDUSDT	+0.0318%	8h	611.65	−0.015%	$71.8M	$203.8M	25x	as long as short
Extended AMD_24_5-USD	+0.0320%	1h	611.43	−0.051%	$457K	$3.1M	10x	as long as short
BloFin AMD-USDT	+0.0322%	8h	611.71	−0.005%	$6K	$549K	20x	as long as short