Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0143%/8h= −15.6% APRpaid last 24h −0.057%

Price spread now: Aevo against Variational Omni+0.098%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.098% dearer against Variational Omni than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMD	615.66	0.0319	pay 0.0319% / 8h	2h 52m	$2.7M	$3.1M	—
Short	Aevo AMD-PERP	616.26	0.0176	get 0.0022% / 1h	52m 07s	$11K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now +0.098%Rate

Funding earned: −$29.97
Price spread: +0.098% → 0.000%: $9.79
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$36.18
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aevo: 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 Variational Omni RFQ quote, 2 min ago	2.48 bp	doesn't fit	27.5 bp −$275	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0157%	4h	615.65	−0.001%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	615.78	+0.019%	$6.7M	$28.4M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	615.90	+0.039%	$4.3M	$13.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	615.97	+0.050%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	615.70	+0.006%	$127K	$585K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	615.96	+0.048%	$1.7M	$455K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.48	−0.030%	$856K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.640%	$5K	$55K	12x	as long as short
Aster AMDUSDT	+0.0041%	8h	615.50	−0.026%	$71K	$411K	50x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	616.42	+0.123%	—	$948K	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	615.34	−0.052%	$24.9M	$95.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	615.59	−0.012%	$409K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	614.67	−0.161%	$1.4M	$4.7M	10x	as long as short
Lighter AMD	+0.0064%	1h	615.57	−0.015%	$597K	$2.6M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	615.87	+0.034%	$2.3M	$13.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.46	−0.033%	$1.9M	$325K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	615.82	+0.026%	$376	$11K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.04	−0.101%	$311K	$1.8M	10x	as long as short
SoDEX AMD-USD	+0.0143%	1h	615.80	+0.022%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0156%	1h	615.26	−0.065%	$2K	$94K	10x	as long as short
Aevo AMD-PERPshort	+0.0176%	1h	616.26	+0.098%	$11K	—	10x
ApeX Omni AMDUSDT	+0.0232%	1h	615.19	−0.077%	$79K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0299%	8h	615.58	−0.013%	$18K	$142K	10x	as long as short
Variational Omni AMDlong	+0.0319%	8h	615.66	long leg	$2.7M	$3.1M	—
Nado AMD-PERP	+0.0329%	1h	615.15	−0.083%	$289K	$154K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0335%	1h	615.66	0.000%	$77K	$163K	10x	as long as short
BloFin AMD-USDT	+0.0376%	8h	615.78	+0.019%	$6K	$539K	20x	as long as short
Binance AMDUSDT	+0.0380%	8h	616.03	+0.060%	$74.8M	$192.6M	25x	as long as short
Extended AMD_24_5-USD	+0.0384%	1h	615.95	+0.047%	$456K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0432%	8h	616.01	+0.057%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	615.66	0.000%	$143K	$266K	10x	as long as short