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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0616%/8h= −67.5% APRpaid last 24h −0.085%
Price spread now: Ondo Perps against Variational Omni−0.156%7-day average −0.101% · 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 3 days (all we have)−0.066%−$7 on $10k
Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.156%, 7d avg −0.101%
Together, before fees+0.086%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Ondo Perps is 0.055% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.066% in total (about -7.2% 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
LongVariational Omni AMD623.070.0667pay 0.0667% / 8h7h 16m$2.6M$3.2M
ShortOndo Perps AMD-USD.P622.100.0050get 0.0006% / 1h16m 50s$1.5M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$129.41
Price spread: −0.156% → −0.101%
−$5.51
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$139.92
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago2.48 bpdoesn't fit27.7 bp −$277doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0978%4h622.87−0.033%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h623.20+0.021%$1K$8.6M10xas long as short
Phemex AMDUSDT0.0000%8h623.46+0.062%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h622.86−0.034%$855K$4.3M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.822%$5K$55K12xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h622.10−0.156%$1.5M$4.3M10x
Vest AMD-USD-PERP+0.0056%1h624.10+0.165%$925K25xas long as short
QFEX AMD-USD+0.0080%1h623.18+0.017%$2.2M$13.0M10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.76−0.050%$1.9M$311K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h623.21+0.022%$373$6K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMD-PERP-INTX+0.0112%1h622.03−0.167%$308K$1.8M10xas long as short
Lighter AMD+0.0184%1h622.96−0.018%$545K$2.4M10xas long as short
Phoenix AMD+0.0219%1h622.32−0.121%$2K$92K10xas long as short
Gate AMD_USDT+0.0249%8h623.57+0.080%$4.5M$13.5M50xas long as short
Aevo AMD-PERP+0.0264%1h623.56+0.078%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0271%8h623.15+0.012%$6.9M$28.2M25xas long as short
Polymarket Perps AMD-USD+0.0277%1h622.95−0.020%$397K$1.5M10xas long as short
tradeXYZ xyz:AMD+0.0299%1h622.82−0.040%$25.2M$93.1M10xas long as short
SoDEX AMD-USD+0.0336%1h623.08+0.001%$26K$24K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0344%1h622.85−0.036%$78K$151K10xas long as short
Aster AMDUSDT+0.0367%8h622.06−0.162%$72K$416K50xas long as short
Nado AMD-PERP+0.0435%1h622.47−0.096%$318K$173K10xas long as short
ApeX Omni AMDUSDT+0.0474%1h622.73−0.055%$80K$258K50xas long as short
HTX AMD-USDT+0.0494%8h623.24+0.027%$132K$579K20xas long as short
Variational Omni AMDlong+0.0667%8h623.07long leg$2.6M$3.2M
BloFin AMD-USDT+0.0700%8h623.30+0.037%$6K$551K20xas long as short
Bitget AMDUSDT+0.0709%8h623.41+0.054%$10.3M$17.5M20xas long as short
Binance AMDUSDT+0.0728%8h623.44+0.058%$76.0M$190.7M25xas long as short
Extended AMD_24_5-USD+0.0728%1h623.28+0.033%$463K$1.9M10xas long as short
Arcus AMD-USD+0.0782%1h622.91−0.026%$145K$264K10xas long as short
GRVT AMD_USDT_Perp+0.1452%8h623.02−0.008%$18K$130K10xas long as short