Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0824%/8h= −90.2% APRpaid last 24h −0.074%

Price spread now: edgeX against SunX+0.082%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$285as in the Price arb table

costs, in and out, $10k−$2932.933% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.082%, 7d avg −0.003%

Together, before fees+0.011%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.085% dearer against SunX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.003%): +$9 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 8 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AMD-USDT	622.98	0	get 0.0000% / 8h	7h 40m	$1K	$8.7M	10x
Short	edgeX AMDUSDC	623.49	−0.0824	pay 0.0412% / 4h	3h 40m	$82K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee SunXbpFee edgeXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$173.08
Price spread: +0.082% → −0.003%: $8.54
Slippage, 4 orders: −$276.31
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$457.85
Costs to cover: 2.933%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; edgeX: live order book, 3 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 SunX live order book, 8 min ago	44.57 bp	126.8 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	10.35 bp	18.3 bp −$18	37.0 bp −$370	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
edgeX AMDUSDCshort	−0.0824%	4h	623.49	+0.082%	$82K	$1.6M	10x
SunX AMD-USDTlong	0.0000%	8h	622.98	long leg	$1K	$8.7M	10x
Phemex AMDUSDT	0.0000%	8h	622.30	−0.109%	$1.8M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.31	−0.108%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.807%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0048%	1h	624.15	+0.188%	—	$926K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.01	−0.156%	$1.5M	$4.4M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.02	+0.006%	$2.3M	$13.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.42	−0.090%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.22	+0.039%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+0.010%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0176%	1h	622.47	−0.082%	$539K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.87	−0.018%	$2K	$92K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0227%	8h	622.63	−0.056%	$6.9M	$28.4M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.23	+0.040%	$11K	—	10x	as long as short
Gate AMD_USDT	+0.0253%	8h	622.84	−0.022%	$4.5M	$13.4M	50x	as long as short
Aster AMDUSDT	+0.0293%	8h	621.81	−0.187%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0419%	1h	622.90	−0.013%	$26K	$24K	10x	as long as short
Nado AMD-PERP	+0.0430%	1h	622.43	−0.088%	$319K	$171K	10x	as long as short
tradeXYZ xyz:AMD	+0.0438%	1h	622.08	−0.144%	$25.0M	$93.5M	10x	as long as short
Polymarket Perps AMD-USD	+0.0460%	1h	622.83	−0.024%	$397K	$1.5M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0473%	1h	622.71	−0.043%	$78K	$151K	10x	as long as short
ApeX Omni AMDUSDT	+0.0506%	1h	624.65	+0.268%	$80K	$258K	50x	as long as short
Variational Omni AMD	+0.0591%	8h	623.20	+0.036%	$2.6M	$3.2M	—	as long as short
Extended AMD_24_5-USD	+0.0640%	1h	622.64	−0.055%	$466K	$2.1M	10x	as long as short
Binance AMDUSDT	+0.0641%	8h	622.79	−0.030%	$75.9M	$191.5M	25x	as long as short
BloFin AMD-USDT	+0.0661%	8h	622.93	−0.008%	$6K	$551K	20x	as long as short
HTX AMD-USDT	+0.0715%	8h	622.96	−0.003%	$132K	$579K	20x	as long as short
Bitget AMDUSDT	+0.0748%	8h	622.85	−0.021%	$10.1M	$17.5M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.44	+0.074%	$145K	$265K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1770%	8h	623.46	+0.076%	$18K	$131K	10x	as long as short