Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.153%

Price spread now: HTX against Arcus+0.078%7-day average +0.043% · 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−$32as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Arcus Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.218%−$22 on $10k

Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.078%, 7d avg +0.043%

Together, before fees−0.263%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.035% dearer against Arcus than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.043%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 4 days (−0.218% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AMD-USD	616.30	0.0040	pay 0.0005% / 1h	15m 15s	$140K	$269K	10x
Short	HTX AMD-USDT	616.78	0	get 0.0000% / 8h	3h 15m	$117K	$622K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$8.46
Price spread: +0.078% → +0.043%: $3.46
Slippage, 4 orders: −$19.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$40.51
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Arcus: live order book, 38 min ago; HTX: live order book, 38 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, 38 min ago	2.41 bp	10.3 bp −$10	11.8 bp −$118	doesn't fit	doesn't fit
Sell HTX live order book, 38 min ago	0.96 bp	10.2 bp −$10	17.8 bp −$178	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	−0.0078%	4h	616.28	−0.003%	$77K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	616.97	+0.109%	$4.5M	$13.8M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	617.10	+0.130%	$10.2M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	617.14	+0.136%	$1K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	616.49	+0.031%	$77K	$151K	10x	as long as short
HTX AMD-USDTshort	0.0000%	8h	616.78	+0.078%	$117K	$622K	20x
Phemex AMDUSDT	0.0000%	8h	616.95	+0.105%	$1.7M	$461K	10x	as long as short
Lighter AMD	+0.0032%	1h	616.60	+0.049%	$528K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.60	+0.049%	$793K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	+0.446%	$2K	$57K	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-USDlong	+0.0040%	1h	616.30	long leg	$140K	$269K	10x
QFEX AMD-USD	+0.0049%	1h	616.70	+0.065%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	616.75	+0.073%	$395K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.63	+0.054%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	616.17	−0.021%	$1.3M	$4.7M	10x	as long as short
Vest AMD-USD-PERP	+0.0057%	1h	617.94	+0.266%	—	$924K	25x	as long as short
Nado AMD-PERP	+0.0069%	1h	616.45	+0.025%	$259K	$237K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	615.67	−0.102%	$315K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0099%	1h	616.59	+0.047%	$23.3M	$94.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.63	+0.054%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.94	+0.104%	$79K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.76	+0.075%	$369	$6K	10x	as long as short
Aster AMDUSDT	+0.0133%	8h	616.86	+0.091%	$69K	$415K	50x	as long as short
Phoenix AMD	+0.0141%	1h	616.19	−0.018%	$2K	$90K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0184%	8h	616.74	+0.071%	$6.6M	$28.4M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0188%	8h	616.77	+0.076%	$19K	$161K	10x	as long as short
Aevo AMD-PERP	+0.0200%	1h	616.99	+0.113%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0405%	8h	616.84	+0.087%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0471%	8h	616.83	+0.086%	$71.6M	$198.5M	25x	as long as short
Extended AMD_24_5-USD	+0.0472%	1h	616.62	+0.052%	$459K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0492%	8h	616.89	+0.096%	$6K	$547K	20x	as long as short