Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h +0.005%

Price spread now: Arcus against BloFin−0.006%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on BloFin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.006%, 7d avg −0.061%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Arcus is 0.054% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.061%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.038% in total (about 4.0% 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	620.49	0.0542	pay 0.0542% / 8h	45m 08s	$6K	$545K	20x
Short	Arcus AMD-USD	620.45	0.0919	get 0.0115% / 1h	45m 08s	$145K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.006%Rate

Funding earned: $79.03
Price spread: −0.006% → −0.061%: $5.43
Slippage, 4 orders: −$11.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $56.14
Costs to cover: 0.283%
Break-even: 2.0 days

Slippage from BloFin: live order book, 31 min ago; Arcus: live order book, 33 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 BloFin live order book, 31 min ago	0.08 bp	8.5 bp −$8	13.1 bp −$131	doesn't fit	doesn't fit
Sell Arcus live order book, 33 min ago	3.47 bp	7.1 bp −$7	7.6 bp −$76	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	−0.0163%	4h	620.73	+0.039%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.62	+0.021%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.70	+0.034%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.31	−0.029%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.43	−0.010%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.03	−0.074%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.413%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.45	+0.155%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.70	−0.127%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0054%	1h	620.24	−0.040%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0080%	1h	620.68	+0.031%	$2.3M	$13.4M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.139%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.22	−0.044%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.34	−0.024%	$378	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0122%	8h	620.27	−0.035%	$6.8M	$28.6M	25x	as long as short
tradeXYZ xyz:AMD	+0.0137%	1h	619.88	−0.098%	$24.8M	$94.8M	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.31	−0.029%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.81	+0.052%	$11K	—	10x	as long as short
Lighter AMD	+0.0216%	1h	620.04	−0.073%	$525K	$2.5M	10x	as long as short
Aster AMDUSDT	+0.0220%	8h	620.78	+0.046%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0238%	1h	620.31	−0.029%	$25K	$24K	10x	as long as short
ApeX Omni AMDUSDT	+0.0284%	1h	620.67	+0.029%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0489%	8h	620.84	+0.056%	$18K	$134K	10x	as long as short
Variational Omni AMD	+0.0503%	8h	620.85	+0.058%	$2.7M	$3.2M	—	as long as short
Nado AMD-PERP	+0.0532%	1h	619.87	−0.100%	$318K	$167K	10x	as long as short
BloFin AMD-USDTlong	+0.0542%	8h	620.49	long leg	$6K	$545K	20x
Bitget AMDUSDT	+0.0545%	8h	620.25	−0.039%	$10.1M	$18.1M	20x	as long as short
Binance AMDUSDT	+0.0552%	8h	620.38	−0.018%	$75.6M	$192.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.37	−0.020%	$464K	$1.5M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0605%	1h	620.34	−0.024%	$77K	$163K	10x	as long as short
Arcus AMD-USDshort	+0.0919%	1h	620.45	−0.006%	$145K	$265K	10x