Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0623%/8h= −68.3% APRpaid last 24h −0.153%

Price spread now: Gate against Arcus+0.098%7-day average +0.035% · 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−$37as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Arcus Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.220%−$22 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.098%, 7d avg +0.035%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.063% dearer against Arcus than usual: you sell high and buy low (spread +0.098% now, against its 7-day average of +0.035%): +$6 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 4 days (−0.220% in total) that is about 26 hours.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.220% in total (about -21.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AMD-USD	609.41	0.0623	pay 0.0078% / 1h	18m 08s	$123K	$221K	10x
Short	Gate AMD_USDT	610.01	0	get 0.0000% / 8h	6h 18m	$4.7M	$14.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.098%Rate

Funding earned: −$130.91
Price spread: +0.098% → +0.035%: $6.35
Slippage, 4 orders: −$24.17
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$168.23
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from Arcus: live order book, 33 min ago; Gate: live order book, 4 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, 33 min ago	3.28 bp	5.7 bp −$6	9.0 bp −$90	16.6 bp −$1,656	doesn't fit
Sell Gate live order book, 4 min ago	2.05 bp	18.4 bp −$18	93.9 bp −$939	doesn't fit	doesn't fit

AMD on 31 exchanges

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	−0.0847%	4h	609.37	−0.007%	$73K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	609.44	+0.006%	$70K	$416K	50x	as long as short
Gate AMD_USDTshort	0.0000%	8h	610.01	+0.098%	$4.7M	$14.6M	50x
Bitget AMDUSDT	0.0000%	8h	609.95	+0.089%	$10.2M	$16.0M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	609.78	+0.061%	$1K	$6.8M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	610.05	+0.105%	$91K	$677K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	610.02	+0.100%	$1.7M	$465K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	609.37	−0.007%	$791K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	548.57	−9.983%	$2K	$58K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	609.82	+0.067%	—	$923K	25x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	609.14	−0.044%	$21.1M	$96.7M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	609.31	−0.016%	$392K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	609.58	+0.028%	$25K	$20K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	608.47	−0.154%	$1.4M	$5.2M	10x	as long as short
Lighter AMD	+0.0064%	1h	609.49	+0.013%	$506K	$2.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	609.28	−0.021%	$2.0M	$11.3M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0092%	8h	609.43	+0.004%	$20K	$198K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0095%	1h	609.29	−0.020%	$68K	$143K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0096%	8h	609.69	+0.046%	$6.8M	$29.1M	25x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	609.24	−0.028%	$1.8M	$418K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	609.30	−0.018%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	609.42	+0.002%	$364	$2K	10x	as long as short
Aevo AMD-PERP	+0.0128%	1h	609.65	+0.040%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0137%	8h	609.30	−0.018%	$2.0M	$3.8M	—	as long as short
Nado AMD-PERP	+0.0158%	1h	608.94	−0.078%	$250K	$245K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0168%	1h	609.23	−0.030%	$299K	$1.7M	10x	as long as short
Phoenix AMD	+0.0184%	1h	609.27	−0.023%	$2K	$76K	10x	as long as short
Extended AMD_24_5-USD	+0.0200%	1h	609.43	+0.004%	$462K	$3.4M	10x	as long as short
Binance AMDUSDT	+0.0202%	8h	609.78	+0.061%	$72.4M	$193.7M	25x	as long as short
BloFin AMD-USDT	+0.0217%	8h	609.56	+0.025%	$7K	$560K	20x	as long as short
Arcus AMD-USDlong	+0.0623%	1h	609.41	long leg	$123K	$221K	10x