Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0457%/8h= +50.0% APRpaid last 24h +0.064%

Price spread now: Variational Omni against ApeX Omni0.000%7-day average +0.007% · you sell dearer than you buy

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

Long on ApeX Omni Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now 0.000%, 7d avg +0.007%

Together, before fees−0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.002% in total (about 0.2% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AMDUSDT	622.79	0.0100	pay 0.0013% / 1h	14m 38s	$80K	$258K	50x
Short	Variational Omni AMD	622.79	0.0557	get 0.0557% / 8h	4h 14m	$2.6M	$3.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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 ApeX OmnibpFee Variational OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: $95.93
Price spread: 0.000% → +0.007%: −$0.71
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $85.22
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: ApeX Omni: live order book, 42 min ago; 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 ApeX Omni live order book, 42 min ago	5.30 bp	10.3 bp −$10	30.9 bp −$309	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.49 bp	doesn't fit	4.1 bp −$41	doesn't fit	doesn't fit

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	−0.0774%	4h	623.01	+0.036%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.87	+0.013%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.70	−0.014%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.56	−0.037%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.11	−0.109%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.41	−0.061%	$122K	$615K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.70	−0.014%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.69	−0.016%	$555K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.62	−0.027%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.777%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.86	+0.011%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.46	−0.053%	$23.7M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.33	−0.074%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.47	−0.051%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.30	−0.079%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	624.06	+0.204%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0078%	1h	622.29	−0.081%	$269K	$227K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.60	−0.031%	$2.1M	$11.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.57	−0.035%	$1.9M	$290K	20x	as long as short
ApeX Omni AMDUSDTlong	+0.0100%	1h	622.79	long leg	$80K	$258K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.49	−0.048%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.30	−0.079%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.73	−0.010%	$2K	$90K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0238%	8h	622.60	−0.031%	$6.9M	$28.2M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.82	+0.005%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0265%	8h	622.61	−0.030%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0344%	8h	623.04	+0.041%	$17K	$148K	10x	as long as short
Variational Omni AMDshort	+0.0557%	8h	622.79	0.000%	$2.6M	$3.3M	—
Binance AMDUSDT	+0.0619%	8h	622.88	+0.014%	$73.0M	$195.2M	25x	as long as short
Extended AMD_24_5-USD	+0.0624%	1h	622.69	−0.016%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0649%	8h	622.62	−0.027%	$7K	$550K	20x	as long as short