Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h −0.021%

Price spread now: Injective against Aster−1.684%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 1.684% cheaper against Aster than usual: you would sell low and buy high (−$168 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% 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	Aster AMDUSDT	622.20	0.0287	pay 0.0287% / 8h	4h 23m	$72K	$412K	50x
Short	Injective AMD/USDC PERP	611.72	0.0033	get 0.0004% / 1h	23m 11s	$5K	$55K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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 AsterbpFee InjectivebpOrdersPrice spread, now −1.684%Rate

Funding earned: −$53.36
Price spread: −1.684% → 0.000%: −$168.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$229.77
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 34 min ago; Injective: no order-book sample. 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 Aster live order book, 34 min ago	2.17 bp	10.5 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0047%	4h	621.67	−0.085%	$79K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.56	+0.058%	$4.5M	$13.5M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.59	+0.063%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.50	+0.049%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.04	−0.025%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.44	+0.039%	$121K	$614K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.62	+0.068%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.32	+0.020%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.30	+0.017%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERPshort	+0.0033%	1h	611.72	−1.684%	$5K	$55K	12x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	621.95	−0.040%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.20	+0.001%	$23.7M	$94.3M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.10	−0.016%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.40	+0.033%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.02	−0.189%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	623.69	+0.240%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.35	+0.025%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0082%	1h	622.10	−0.015%	$269K	$226K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.19	−0.001%	$1.9M	$288K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.97	−0.036%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.35	+0.025%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	621.88	−0.051%	$317K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	621.75	−0.072%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.70	+0.081%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0248%	8h	622.48	+0.046%	$6.9M	$28.1M	25x	as long as short
Aster AMDUSDTlong	+0.0287%	8h	622.20	long leg	$72K	$412K	50x
GRVT AMD_USDT_Perp	+0.0389%	8h	621.59	−0.098%	$18K	$146K	10x	as long as short
Variational Omni AMD	+0.0588%	8h	621.72	−0.076%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0638%	8h	622.52	+0.052%	$7K	$550K	20x	as long as short
Extended AMD_24_5-USD	+0.0640%	1h	622.32	+0.020%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0642%	8h	622.51	+0.050%	$73.4M	$194.6M	25x	as long as short