Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h +0.008%

Price spread now: Orderly against tradeXYZ+0.077%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Orderly is 0.077% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMD	623.74	0.0269	pay 0.0034% / 1h	4m 46s	$25.3M	$93.2M	10x
Short	Orderly PERP_AMD_USDC_mythos	624.22	0.0100	get 0.0100% / 8h	7h 04m	$373	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee tradeXYZbpFee OrderlybpOrdersPrice spread, now +0.077%Rate

Funding earned: −$35.41
Price spread: +0.077% → 0.000%: $7.7
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$51.71
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 5 min ago; Orderly: no order-book sample. 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 tradeXYZ live order book, 5 min ago	1.20 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
edgeX AMDUSDC	−0.0019%	4h	624.20	+0.074%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	624.26	+0.083%	$2K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.79	+0.008%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.86	+0.019%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.927%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	623.12	−0.099%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	624.94	+0.192%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.95	+0.034%	$2.2M	$12.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.72	−0.003%	$1.9M	$300K	20x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	624.22	+0.077%	$373	$6K	10x

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	623.02	−0.115%	$300K	$1.8M	10x	as long as short
Lighter AMD	+0.0176%	1h	623.97	+0.037%	$546K	$2.4M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.48	−0.042%	$2K	$92K	10x	as long as short
Gate AMD_USDT	+0.0229%	8h	624.25	+0.082%	$4.5M	$13.6M	50x	as long as short
Polymarket Perps AMD-USD	+0.0235%	1h	623.69	−0.008%	$397K	$1.5M	10x	as long as short
tradeXYZ xyz:AMDlong	+0.0269%	1h	623.74	long leg	$25.3M	$93.2M	10x
Aevo AMD-PERP	+0.0280%	1h	624.49	+0.120%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0286%	8h	623.92	+0.029%	$6.9M	$28.3M	25x	as long as short
SoDEX AMD-USD	+0.0345%	1h	624.12	+0.061%	$26K	$24K	10x	as long as short
ApeX Omni AMDUSDT	+0.0411%	1h	623.11	−0.101%	$80K	$259K	50x	as long as short
Aster AMDUSDT	+0.0416%	8h	622.65	−0.175%	$72K	$416K	50x	as long as short
Nado AMD-PERP	+0.0420%	1h	623.19	−0.088%	$318K	$174K	10x	as long as short
HTX AMD-USDT	+0.0617%	8h	624.22	+0.077%	$132K	$579K	20x	as long as short
Bitget AMDUSDT	+0.0715%	8h	624.30	+0.090%	$10.4M	$17.5M	20x	as long as short
Variational Omni AMD	+0.0731%	8h	624.04	+0.048%	$2.6M	$3.2M	—	as long as short
Arcus AMD-USD	+0.0782%	1h	623.89	+0.024%	$145K	$264K	10x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	624.08	+0.055%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0791%	8h	624.41	+0.107%	$76.0M	$190.4M	25x	as long as short
BloFin AMD-USDT	+0.0791%	8h	624.15	+0.066%	$6K	$552K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0841%	1h	623.94	+0.032%	$78K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1482%	8h	623.88	+0.023%	$18K	$131K	10x	as long as short