Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0373%/8h= −40.8% APRpaid last 24h +0.004%

Price spread now: BloFin against Arcus+0.054%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on Arcus Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.028%−$3 on $10k

Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.054%, 7d avg +0.061%

Together, before fees−0.075%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$11 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 -0.028% in total (about -3.0% 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	Arcus AMD-USD	616.71	0.0780	pay 0.0097% / 1h	47m 57s	$142K	$282K	10x
Short	BloFin AMD-USDT	617.04	0.0407	get 0.0407% / 8h	1h 47m	$6K	$541K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Arcus. 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 ArcusbpFee BloFinbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$78.28
Price spread: +0.054% → +0.061%: −$0.75
Slippage, 4 orders: −$12.7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$108.23
Costs to cover: 0.292%
Break-even: never at this rate

Slippage from Arcus: live order book, 35 min ago; BloFin: live order book, 33 min ago.

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 Arcus live order book, 35 min ago	3.00 bp	5.4 bp −$5	7.6 bp −$76	14.6 bp −$1,461	doesn't fit
Sell BloFin live order book, 33 min ago	0.08 bp	7.4 bp −$7	11.3 bp −$113	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	−0.0456%	4h	617.00	+0.046%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	616.66	−0.008%	$4.3M	$13.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.72	+0.002%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.38	−0.054%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.64	−0.011%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0005%	8h	616.48	−0.037%	$6.8M	$28.5M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	616.27	−0.071%	$825K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.809%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.32	+0.099%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	616.36	−0.057%	$406K	$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
Ondo Perps AMD-USD.P	+0.0050%	1h	615.97	−0.120%	$1.4M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.41	−0.049%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.94	+0.037%	$2.3M	$13.2M	10x	as long as short
Aster AMDUSDT	+0.0085%	8h	616.89	+0.029%	$71K	$414K	50x	as long as short
tradeXYZ xyz:AMD	+0.0090%	1h	616.07	−0.104%	$24.9M	$95.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.21	−0.081%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.89	+0.029%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.55	−0.026%	$376	$6K	10x	as long as short
Phoenix AMD	+0.0169%	1h	616.50	−0.034%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.88	+0.027%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0202%	1h	616.55	−0.026%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0216%	1h	616.39	−0.052%	$538K	$2.6M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0360%	8h	616.98	+0.044%	$18K	$140K	10x	as long as short
Variational Omni AMD	+0.0374%	8h	617.01	+0.049%	$2.7M	$3.1M	—	as long as short
BloFin AMD-USDTshort	+0.0407%	8h	617.04	+0.054%	$6K	$541K	20x
Extended AMD_24_5-USD	+0.0432%	1h	616.65	−0.010%	$456K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0433%	1h	616.00	−0.116%	$314K	$166K	10x	as long as short
Binance AMDUSDT	+0.0434%	8h	616.72	+0.002%	$74.9M	$193.0M	25x	as long as short
Bitget AMDUSDT	+0.0481%	8h	616.67	−0.006%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0708%	1h	616.46	−0.041%	$77K	$163K	10x	as long as short
Arcus AMD-USDlong	+0.0780%	1h	616.71	long leg	$142K	$282K	10x