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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0193%/8h= +21.1% APRpaid last 24h +0.022%
Price spread now: tradeXYZ against SunX−0.150%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2812.811% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.150%, 7d avg −0.078%
Together, before fees+0.304%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.072% cheaper against SunX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.078%). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.143% in total) that is about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AMD-USDT621.600get 0.0000% / 8h5h 54m$1K$8.3M10x
ShorttradeXYZ xyz:AMD620.670.0193get 0.0024% / 1h54m 11s$25.1M$93.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$40.43
Price spread: −0.150% → −0.078%
−$7.17
Slippage, 4 orders
−$255.07
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$247.82
Costs to cover
2.811%
Break-even
49.9 days
Slippage from SunX: live order book, 5 min ago; tradeXYZ: live order book, 5 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, 5 min ago45.00 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.29 bp11.0 bp −$1111.9 bp −$119doesn't fitdoesn't fit

AMD on 30 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−0.0647%4h621.12−0.078%$81K$1.6M10xas long as short
SunX AMD-USDTlong0.0000%8h621.60long leg$1K$8.3M10x
HTX AMD-USDT0.0000%8h621.28−0.051%$122K$596K20xas long as short
Phemex AMDUSDT0.0000%8h621.45−0.024%$1.8M$460K10xas long as short
Gate AMD_USDT+0.0020%8h621.42−0.029%$4.5M$13.2M50xas long as short
Lighter RH AMD+0.0032%1h620.84−0.122%$852K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.589%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.07−0.085%$144K$263K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h620.06−0.248%$1.5M$4.1M10xas long as short
Vest AMD-USD-PERP+0.0057%1h622.30+0.113%$923K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h621.48−0.019%$2.1M$12.1M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.53−0.172%$1.9M$285K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.31−0.047%$372$6K10xas long as short
Polymarket Perps AMD-USD+0.0120%1h620.95−0.105%$398K$1.5M10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h619.72−0.302%$305K$1.8M10xas long as short
Bitget AMDUSDT+0.0176%8h621.41−0.031%$10.3M$17.1M20xas long as short
tradeXYZ xyz:AMDshort+0.0193%1h620.67−0.150%$25.1M$93.5M10x
Phoenix AMD+0.0244%1h620.80−0.129%$2K$90K10xas long as short
Lighter AMD+0.0272%1h620.94−0.106%$549K$2.4M10xas long as short
Aevo AMD-PERP+0.0280%1h621.64+0.006%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0292%8h621.19−0.066%$6.9M$28.0M25xas long as short
SoDEX AMD-USD+0.0357%1h621.20−0.064%$25K$24K10xas long as short
Nado AMD-PERP+0.0366%1h620.82−0.126%$269K$210K10xas long as short
Aster AMDUSDT+0.0410%8h621.07−0.085%$72K$412K50xas long as short
Deribit AMD_USDC-PERPETUAL+0.0427%1h620.79−0.130%$77K$151K10xas long as short
ApeX Omni AMDUSDT+0.0572%1h621.27−0.053%$80K$258K50xas long as short
Variational Omni AMD+0.0723%8h621.10−0.080%$2.6M$3.3Mas long as short
GRVT AMD_USDT_Perp+0.0767%8h621.20−0.064%$18K$134K10xas long as short
Extended AMD_24_5-USD+0.0784%1h621.18−0.067%$463K$1.9M10xas long as short
Binance AMDUSDT+0.0786%8h621.37−0.037%$75.5M$190.0M25xas long as short