Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0527%/8h= +57.7% APRnext payment +$5.27 per $10,000 · paid last 24h −0.053%
Price spread now: KuCoin against Bitget−0.130%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 7 days−0.059%−$6 · spread now −0.130%, 7d avg −0.089%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.041% cheaper against Bitget than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.089%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.005% in total) that is about 55 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AMDUSDT613.03−0.0427get 0.0427% / 8h1h 25m$10.3M$17.4M20x
ShortKuCoin AMDUSDTM612.230.0100get 0.0100% / 8h1h 25m$1.9M$294K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Funding earned
$110.67
Price spread: −0.130% → −0.089%
−$4.15
Slippage, 4 orders
−$129.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$46.53
Costs to cover
1.531%
Break-even
9.9 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.47 bp12.6 bp −$1314.7 bp −$14735.9 bp −$3,585doesn't fit
Sell KuCoin live order book, 1 min ago8.49 bp75.2 bp −$75doesn't fitdoesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMDUSDTlong−0.0427%8h613.03long leg$10.3M$17.4M20x
edgeX AMDUSDC−0.0281%4h612.82−0.034%$72K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h612.90−0.021%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h613.16+0.021%$4.4M$14.4M50xas long as short
SunX AMD-USDT0.0000%8h613.05+0.003%$2K$8.1M10xas long as short
HTX AMD-USDT0.0000%8h612.80−0.038%$102K$642K20xas long as short
Phemex AMDUSDT0.0000%8h612.86−0.028%$1.7M$465K10xas long as short
Lighter AMD+0.0032%1h612.42−0.100%$520K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h612.30−0.119%$810K$4.7M10xas long as short
Arcus AMD-USD+0.0040%1h612.52−0.083%$135K$278K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0046%1h613.25+0.036%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.24−0.129%$22.6M$95.7M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h612.50−0.086%$394K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h612.66−0.060%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h612.20−0.135%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0067%1h612.83−0.033%$2.1M$11.6M10xas long as short
Injective AMD/USDC PERP+0.0067%1h549.96−10.288%$2K$59K12xas long as short
OKX AMD-USDT-SWAP+0.0082%8h612.62−0.067%$6.6M$29.1M25xas long as short
Nado AMD-PERP+0.0088%1h612.38−0.106%$255K$241K10xas long as short
KuCoin AMDUSDTMshort+0.0100%8h612.23−0.130%$1.9M$294K20x
ApeX Omni AMDUSDT+0.0100%1h612.30−0.119%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h612.69−0.055%$366$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h612.56−0.077%$312K$1.9M10xas long as short
Phoenix AMD+0.0143%1h612.00−0.168%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0148%8h612.79−0.040%$20K$176K10xas long as short
Aevo AMD-PERP+0.0152%1h612.96−0.011%$11K10xas long as short
Variational Omni AMD+0.0210%8h613.10+0.012%$2.0M$3.8Mas long as short
Deribit AMD_USDC-PERPETUAL+0.0224%1h612.36−0.109%$76K$151K10xas long as short
Extended AMD_24_5-USD+0.0296%1h612.66−0.060%$458K$3.1M10xas long as short
Binance AMDUSDT+0.0298%8h612.73−0.049%$71.9M$204.5M25xas long as short
BloFin AMD-USDT+0.0303%8h613.00−0.005%$6K$551K20xas long as short