Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0383%/8h= −42.0% APRpaid last 24h −0.078%

Price spread now: ApeX Omni against BloFin+0.080%7-day average −0.022% · you sell dearer than you buy

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

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.080%, 7d avg −0.022%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.022%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 21 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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	BloFin AMD-USDT	615.54	0.0483	pay 0.0483% / 8h	3h 07m	$6K	$546K	20x
Short	ApeX Omni AMDUSDT	616.03	0.0100	get 0.0013% / 1h	7m 40s	$79K	$257K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.080%Rate

Funding earned: −$80.53
Price spread: +0.080% → −0.022%: $10.14
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$92.39
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 23 min ago; ApeX Omni: live order book, 44 min ago. 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 BloFin live order book, 23 min ago	1.37 bp	10.1 bp −$10	15.1 bp −$151	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 44 min ago	27.99 bp	77.9 bp −$78	82.7 bp −$827	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	−0.0208%	4h	615.22	−0.052%	$77K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	615.79	+0.041%	$4.5M	$13.9M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	616.10	+0.091%	$10.2M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	614.90	−0.104%	$1K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	615.01	−0.086%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	615.48	−0.010%	$117K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	615.60	+0.010%	$1.7M	$461K	10x	as long as short
Lighter AMD	+0.0032%	1h	615.32	−0.036%	$524K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.30	−0.039%	$789K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	+0.570%	$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-USD	+0.0040%	1h	615.29	−0.041%	$140K	$269K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	615.59	+0.008%	$2.1M	$11.5M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	614.49	−0.171%	$394K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	614.90	−0.104%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	614.85	−0.112%	$1.2M	$4.8M	10x	as long as short
Vest AMD-USD-PERP	+0.0052%	1h	615.81	+0.044%	—	$924K	25x	as long as short
Nado AMD-PERP	+0.0055%	1h	614.51	−0.167%	$257K	$238K	10x	as long as short
tradeXYZ xyz:AMD	+0.0081%	1h	615.32	−0.036%	$23.2M	$94.6M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	614.72	−0.133%	$315K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.35	−0.031%	$1.9M	$295K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	616.03	+0.080%	$79K	$257K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	615.06	−0.078%	$368	$6K	10x	as long as short
Aster AMDUSDT	+0.0116%	8h	615.96	+0.068%	$69K	$415K	50x	as long as short
Phoenix AMD	+0.0141%	1h	615.61	+0.011%	$2K	$90K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0172%	8h	616.00	+0.075%	$6.6M	$28.5M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0175%	8h	615.19	−0.056%	$19K	$162K	10x	as long as short
Aevo AMD-PERP	+0.0192%	1h	615.29	−0.040%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0391%	8h	615.37	−0.027%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0450%	8h	616.04	+0.081%	$71.4M	$198.7M	25x	as long as short
Extended AMD_24_5-USD	+0.0456%	1h	615.71	+0.027%	$460K	$2.5M	10x	as long as short
BloFin AMD-USDTlong	+0.0483%	8h	615.54	long leg	$6K	$546K	20x