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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0405%/8h= +44.4% APRpaid last 24h +0.091%
Price spread now: BloFin against tradeXYZ+0.111%48s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.111%, 7d avg +0.082%
Together, before fees−0.112%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.029% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.082%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AMD619.800.0137pay 0.0017% / 1h44m 18s$24.8M$94.8M10x
ShortBloFin AMD-USDT620.490.0542get 0.0542% / 8h44m 18s$6K$545K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
$85.15
Price spread: +0.111% → +0.082%
$2.92
Slippage, 4 orders
−$5.27
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
$52.79
Costs to cover
0.353%
Break-even
2.7 days
Slippage from tradeXYZ: live order book, 5 min ago; BloFin: live order book, 32 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 tradeXYZ live order book, 5 min ago0.48 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago0.08 bp6.9 bp −$710.1 bp −$101doesn'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−0.0163%4h620.73+0.151%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.67+0.140%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h620.47+0.108%$2K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h620.42+0.100%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h620.13+0.053%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.02+0.035%$835K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.304%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.20+0.226%$950K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.60−0.032%$1.5M$4.8M10xas long as short
Polymarket Perps AMD-USD+0.0052%1h620.00+0.032%$395K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.46+0.106%$2.3M$13.4M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h619.63−0.027%$312K$1.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.10+0.048%$1.9M$314K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.37+0.092%$378$6K10xas long as short
OKX AMD-USDT-SWAP+0.0125%8h620.43+0.102%$6.8M$28.6M25xas long as short
tradeXYZ xyz:AMDlong+0.0137%1h619.80long leg$24.8M$94.8M10x
Phoenix AMD+0.0207%1h620.31+0.082%$2K$92K10xas long as short
Aevo AMD-PERP+0.0216%1h620.70+0.146%$11K10xas long as short
Lighter AMD+0.0216%1h620.19+0.063%$525K$2.5M10xas long as short
SoDEX AMD-USD+0.0219%1h620.33+0.086%$25K$24K10xas long as short
Aster AMDUSDT+0.0221%8h620.53+0.117%$72K$416K50xas long as short
ApeX Omni AMDUSDT+0.0284%1h620.67+0.140%$80K$259K50xas long as short
GRVT AMD_USDT_Perp+0.0489%8h620.84+0.168%$18K$134K10xas long as short
Variational Omni AMD+0.0503%8h620.85+0.169%$2.7M$3.2Mas long as short
Nado AMD-PERP+0.0528%1h619.52−0.045%$317K$167K10xas long as short
BloFin AMD-USDTshort+0.0542%8h620.49+0.111%$6K$545K20x
Bitget AMDUSDT+0.0545%8h620.39+0.095%$10.1M$18.1M20xas long as short
Extended AMD_24_5-USD+0.0552%1h620.31+0.082%$464K$1.5M10xas long as short
Binance AMDUSDT+0.0552%8h620.55+0.120%$75.7M$192.1M25xas long as short
Deribit AMD_USDC-PERPETUAL+0.0718%1h620.17+0.060%$77K$163K10xas long as short
Arcus AMD-USD+0.0919%1h620.27+0.076%$145K$265K10xas long as short