Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0518%/8h= −56.8% APRpaid last 24h −0.108%

Price spread now: Injective against BloFin−1.480%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 1.480% cheaper against BloFin than usual: you would sell low and buy high (−$148 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -2.9% 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	620.91	0.0552	pay 0.0552% / 8h	3h 45m	$7K	$550K	20x
Short	Injective AMD/USDC PERP	611.72	0.0033	get 0.0004% / 1h	45m 35s	$5K	$55K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −1.480%Rate

Funding earned: −$108.88
Price spread: −1.480% → 0.000%: −$148.01
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$268.91
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 51 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 BloFin live order book, 51 min ago	0.08 bp	8.2 bp −$8	10.1 bp −$101	11.0 bp −$1,097	13.5 bp −$6,750
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	−0.0121%	4h	620.82	−0.015%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.74	−0.027%	$4.5M	$13.7M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	620.74	−0.027%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	621.00	+0.014%	$1K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	620.53	−0.061%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.85	−0.010%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.05	+0.023%	$1.8M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.29	−0.100%	$849K	$4.4M	10x	as long as short
Injective AMD/USDC PERPshort	+0.0033%	1h	611.72	−1.480%	$5K	$55K	12x
Arcus AMD-USD	+0.0040%	1h	620.85	−0.010%	$144K	$265K	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	+0.0049%	1h	620.46	−0.072%	$2.1M	$11.5M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.31	−0.097%	$397K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	620.83	−0.013%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.37	−0.087%	$1.4M	$4.3M	10x	as long as short
Lighter AMD	+0.0056%	1h	620.39	−0.084%	$549K	$2.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0065%	1h	621.82	+0.147%	—	$923K	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	619.19	−0.277%	$314K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.49	−0.068%	$1.9M	$293K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.73	−0.029%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.79	−0.019%	$371	$6K	10x	as long as short
Nado AMD-PERP	+0.0111%	1h	620.35	−0.090%	$267K	$232K	10x	as long as short
Phoenix AMD	+0.0141%	1h	620.96	+0.008%	$2K	$90K	10x	as long as short
tradeXYZ xyz:AMD	+0.0147%	1h	620.30	−0.098%	$23.6M	$94.4M	10x	as long as short
Aster AMDUSDT	+0.0204%	8h	620.84	−0.012%	$72K	$412K	50x	as long as short
Aevo AMD-PERP	+0.0224%	1h	621.18	+0.043%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0224%	8h	620.52	−0.063%	$6.9M	$28.1M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0272%	8h	620.01	−0.145%	$17K	$153K	10x	as long as short
Variational Omni AMD	+0.0490%	8h	620.89	−0.004%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDTlong	+0.0552%	8h	620.91	long leg	$7K	$550K	20x
Binance AMDUSDT	+0.0555%	8h	620.54	−0.060%	$72.8M	$195.6M	25x	as long as short
Extended AMD_24_5-USD	+0.0560%	1h	620.36	−0.088%	$464K	$1.9M	10x	as long as short