Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0245%/8h= +26.8% APRpaid last 24h +0.056%

Price spread now: Variational Omni against Aevo−0.049%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Variational Omni

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

Funding pays, the price is against you. Variational Omni is 0.049% cheaper against Aevo than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AMD-PERP	619.62	0.0208	pay 0.0026% / 1h	15m 04s	$11K	—	10x
Short	Variational Omni AMD	619.32	0.0453	get 0.0453% / 8h	1h 15m	$2.7M	$3.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now −0.049%Rate

Funding earned: $51.36
Price spread: −0.049% → 0.000%: −$4.89
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $30.47
Costs to cover: 0.160%
Break-even: 2.8 days

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 4 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	2.48 bp	doesn't fit	11.5 bp −$115	doesn't fit	doesn't fit

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	−0.0944%	4h	619.44	−0.028%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.43	−0.031%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.36	−0.042%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.10	−0.084%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.41	−0.034%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.03	−0.095%	$833K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.275%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	619.98	+0.058%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.46	−0.187%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0051%	1h	619.00	−0.100%	$394K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0054%	8h	619.23	−0.063%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.123%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.29	−0.053%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0091%	1h	618.86	−0.123%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.08	−0.087%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.19	−0.069%	$378	$6K	10x	as long as short
Aster AMDUSDT	+0.0167%	8h	618.68	−0.152%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	618.98	−0.103%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	619.07	−0.089%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERPlong	+0.0208%	1h	619.62	long leg	$11K	—	10x
ApeX Omni AMDUSDT	+0.0211%	1h	619.22	−0.065%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0260%	1h	619.23	−0.063%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0412%	1h	618.50	−0.181%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0448%	8h	619.43	−0.032%	$17K	$138K	10x	as long as short
Variational Omni AMDshort	+0.0453%	8h	619.32	−0.049%	$2.7M	$3.2M	—
Binance AMDUSDT	+0.0503%	8h	619.52	−0.017%	$75.5M	$193.2M	25x	as long as short
Extended AMD_24_5-USD	+0.0504%	1h	619.27	−0.056%	$458K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0515%	8h	619.44	−0.029%	$10.1M	$18.2M	20x	as long as short
BloFin AMD-USDT	+0.0527%	8h	619.59	−0.005%	$6K	$543K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0688%	1h	619.08	−0.087%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.18	−0.071%	$144K	$267K	10x	as long as short