Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.001%

Price spread now: Orderly against Coinbase International+0.191%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.191% dearer against Coinbase International than usual: you sell high and buy low (spread +0.191% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 53 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMD-PERP-INTX	623.02	0.0112	pay 0.0014% / 1h	4m 01s	$300K	$1.8M	10x
Short	Orderly PERP_AMD_USDC_mythos	624.21	0.0100	get 0.0100% / 8h	7h 04m	$373	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Coinbase International. 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 Coinbase InternationalbpFee OrderlybpOrdersPrice spread, now +0.191%Rate

Funding earned: −$2.52
Price spread: +0.191% → 0.000%: $19.1
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $0.58
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 5 min ago; Orderly: 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 Coinbase International live order book, 5 min ago	3.77 bp	8.8 bp −$9	11.4 bp −$114	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0019%	4h	624.20	+0.189%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	624.44	+0.228%	$2K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.28	+0.042%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.36	+0.055%	$853K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.814%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	623.12	+0.016%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	625.15	+0.342%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	624.31	+0.207%	$2.2M	$12.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.87	+0.136%	$1.9M	$300K	20x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	624.21	+0.191%	$373	$6K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTXlong	+0.0112%	1h	623.02	long leg	$300K	$1.8M	10x
Lighter AMD	+0.0176%	1h	623.54	+0.083%	$546K	$2.4M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.48	+0.074%	$2K	$92K	10x	as long as short
Polymarket Perps AMD-USD	+0.0234%	1h	623.97	+0.152%	$398K	$1.5M	10x	as long as short
Gate AMD_USDT	+0.0241%	8h	624.00	+0.157%	$4.5M	$13.6M	50x	as long as short
tradeXYZ xyz:AMD	+0.0267%	1h	623.14	+0.019%	$25.2M	$93.2M	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	624.19	+0.188%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0289%	8h	623.92	+0.144%	$6.9M	$28.3M	25x	as long as short
SoDEX AMD-USD	+0.0351%	1h	623.72	+0.112%	$26K	$24K	10x	as long as short
ApeX Omni AMDUSDT	+0.0411%	1h	623.11	+0.014%	$80K	$259K	50x	as long as short
Nado AMD-PERP	+0.0421%	1h	623.43	+0.066%	$319K	$174K	10x	as long as short
Aster AMDUSDT	+0.0423%	8h	623.05	+0.005%	$72K	$416K	50x	as long as short
HTX AMD-USDT	+0.0637%	8h	624.06	+0.167%	$132K	$579K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0648%	1h	623.87	+0.136%	$78K	$151K	10x	as long as short
Bitget AMDUSDT	+0.0717%	8h	623.80	+0.125%	$10.3M	$17.5M	20x	as long as short
Variational Omni AMD	+0.0731%	8h	624.04	+0.164%	$2.6M	$3.2M	—	as long as short
Arcus AMD-USD	+0.0782%	1h	623.96	+0.151%	$145K	$264K	10x	as long as short
Binance AMDUSDT	+0.0791%	8h	623.72	+0.112%	$75.9M	$190.5M	25x	as long as short
BloFin AMD-USDT	+0.0791%	8h	624.15	+0.181%	$6K	$552K	20x	as long as short
Extended AMD_24_5-USD	+0.0792%	1h	623.84	+0.132%	$463K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.1482%	8h	623.88	+0.139%	$18K	$131K	10x	as long as short