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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0400%/8h= +43.8% APRnext payment +$4.00 per $10,000 · paid last 24h +0.027%
Price spread now: Aster against SunX−0.091%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2862.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.450%+$45 · spread now −0.091%, 7d avg −0.011%
Together, before fees+0.539%+ Points / potential airdropAster: Stage 5 · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.080% cheaper against SunX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.011%). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.089% in total) that is about 6.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AMD-USDT621.580get 0.0000% / 8h5h 17m$1K$8.3M10x
ShortAster AMDUSDT621.020.0400get 0.0400% / 8h5h 17m$72K$412K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$84.06
Price spread: −0.091% → −0.011%
−$7.95
Slippage, 4 orders
−$270.17
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$210.06
Costs to cover
2.862%
Break-even
24.5 days
Slippage from SunX: live order book, 11 min ago; Aster: live order book, 44 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 SunX live order book, 11 min ago44.73 bp127.1 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 44 min ago2.09 bp13.7 bp −$14doesn't fitdoesn'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
edgeX AMDUSDC−0.0126%4h621.00−0.094%$81K$1.6M10xas long as short
SunX AMD-USDTlong0.0000%8h621.58long leg$1K$8.3M10x
HTX AMD-USDT0.0000%8h621.52−0.010%$122K$597K20xas long as short
Phemex AMDUSDT0.0000%8h621.22−0.058%$1.8M$460K10xas long as short
Gate AMD_USDT+0.0012%8h621.95+0.060%$4.5M$13.3M50xas long as short
Bitget AMDUSDT+0.0018%8h621.67+0.014%$10.3M$17.1M20xas long as short
Lighter RH AMD+0.0032%1h621.19−0.063%$854K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.586%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.05−0.085%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.13−0.072%$398K$1.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h620.28−0.209%$1.5M$4.1M10xas long as short
Vest AMD-USD-PERP+0.0054%1h622.36+0.125%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.580.000%$2.1M$12.0M10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.08−0.080%$1.9M$282K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.56−0.003%$372$6K10xas long as short
ApeX Omni AMDUSDT+0.0122%1h620.89−0.111%$80K$257K50xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h620.69−0.143%$300K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0168%1h621.19−0.063%$25.1M$93.6M10xas long as short
SoDEX AMD-USD+0.0216%1h621.39−0.031%$25K$24K10xas long as short
Lighter AMD+0.0240%1h621.33−0.040%$544K$2.5M10xas long as short
Phoenix AMD+0.0245%1h620.64−0.151%$2K$90K10xas long as short
Aevo AMD-PERP+0.0280%1h621.85+0.044%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0309%8h621.55−0.005%$6.9M$27.9M25xas long as short
Nado AMD-PERP+0.0324%1h620.85−0.117%$269K$216K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0378%1h621.16−0.068%$77K$151K10xas long as short
Aster AMDUSDTshort+0.0400%8h621.02−0.091%$72K$412K50x
GRVT AMD_USDT_Perp+0.0692%8h620.36−0.196%$18K$138K10xas long as short
Variational Omni AMD+0.0715%8h621.18−0.064%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0780%8h621.74+0.026%$75.6M$189.9M25xas long as short
BloFin AMD-USDT+0.0781%8h621.80+0.035%$7K$548K20xas long as short
Extended AMD_24_5-USD+0.0784%1h621.56−0.004%$464K$1.9M10xas long as short