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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.022%
Price spread now: Phemex against tradeXYZ−0.045%48s7-day average +0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.145%−$15 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.045%, 7d avg +0.072%
Together, before fees−0.253%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.117% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.072%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AMD621.880.0050pay 0.0006% / 1h38m 19s$24.3M$94.0M10x
ShortPhemex AMDUSDT621.600get 0.0000% / 8h4h 38m$1.8M$458K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$10.5
Price spread: −0.045% → +0.072%
−$11.73
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$52.23
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 11 min ago; Phemex: live order book, 5 min ago. Net counts fees only.

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, 11 min ago1.13 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago17.21 bpdoesn't fitdoesn'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−0.0080%4h622.54+0.106%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h622.28+0.064%$4.5M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h622.18+0.048%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.75−0.021%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h622.10+0.035%$121K$609K20xas long as short
Phemex AMDUSDTshort0.0000%8h621.60−0.045%$1.8M$458K10x
Lighter AMD+0.0032%1h621.98+0.016%$556K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.99+0.018%$853K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.634%$5K$55K12xas long as short
Bitget AMDUSDT+0.0039%8h622.24+0.058%$10.3M$17.1M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.25+0.059%$144K$263K10xas long as short
tradeXYZ xyz:AMDlong+0.0050%1h621.88long leg$24.3M$94.0M10x
Polymarket Perps AMD-USD+0.0050%1h621.81−0.011%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.03+0.024%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.63−0.040%$1.5M$4.2M10xas long as short
Vest AMD-USD-PERP+0.0058%1h623.51+0.262%$923K25xas long as short
QFEX AMD-USD+0.0080%1h622.02+0.023%$2.1M$11.6M10xas long as short
Nado AMD-PERP+0.0098%1h621.76−0.019%$269K$223K10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.92+0.006%$1.9M$283K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.05+0.027%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.05+0.027%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h622.02+0.023%$310K$1.8M10xas long as short
Phoenix AMD+0.0206%1h622.07+0.031%$2K$90K10xas long as short
Aevo AMD-PERP+0.0256%1h622.40+0.083%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0267%8h622.08+0.032%$6.9M$28.0M25xas long as short
Aster AMDUSDT+0.0325%8h621.92+0.007%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0478%8h622.37+0.078%$17K$144K10xas long as short
Variational Omni AMD+0.0640%8h622.35+0.076%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0694%8h622.18+0.048%$74.2M$193.0M25xas long as short
Extended AMD_24_5-USD+0.0696%1h622.02+0.023%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0701%8h622.25+0.059%$7K$550K20xas long as short