Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0440%/8h= −48.2% APRpaid last 24h −0.012%

Price spread now: Aster against Deribit−0.092%7-day average +0.034% · 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−$63as in the Price arb table

costs, in and out, $10k−$510.508% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.092%, 7d avg +0.034%

Together, before fees+0.169%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.125% cheaper against Deribit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.063% in total (about -5.0% 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	Deribit AMD_USDC-PERPETUAL	619.37	0.0606	pay 0.0076% / 1h	17m 33s	$77K	$163K	10x
Short	Aster AMDUSDT	618.80	0.0166	get 0.0166% / 8h	1h 17m	$72K	$416K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$92.42
Price spread: −0.092% → +0.034%: −$12.54
Slippage, 4 orders: −$35.79
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$155.75
Costs to cover: 0.508%
Break-even: never at this rate

Slippage from Deribit: live order book, 1 min ago; Aster: live order book, 65 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 Deribit live order book, 1 min ago	5.57 bp	9.1 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell Aster live order book, 65 min ago	2.76 bp	17.6 bp −$18	doesn't fit	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	−0.0764%	4h	619.84	+0.076%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.43	+0.010%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.69	+0.052%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.33	−0.006%	$132K	$582K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.67	+0.048%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.10	−0.044%	$833K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.235%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.11	+0.119%	—	$950K	25x	as long as short
OKX AMD-USDT-SWAP	+0.0049%	8h	619.19	−0.029%	$6.8M	$28.7M	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.34	−0.005%	$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
Ondo Perps AMD-USD.P	+0.0050%	1h	618.73	−0.103%	$1.5M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.082%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.33	−0.006%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0087%	1h	618.92	−0.073%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.18	−0.031%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.50	+0.021%	$378	$6K	10x	as long as short
Aster AMDUSDTshort	+0.0166%	8h	618.80	−0.092%	$72K	$416K	50x
Phoenix AMD	+0.0169%	1h	619.05	−0.052%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	619.08	−0.047%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERP	+0.0208%	1h	620.01	+0.103%	$11K	—	10x	as long as short
ApeX Omni AMDUSDT	+0.0256%	1h	619.93	+0.090%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0280%	1h	619.48	+0.018%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0410%	1h	618.51	−0.139%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0446%	8h	619.70	+0.054%	$17K	$138K	10x	as long as short
Variational Omni AMD	+0.0448%	8h	619.87	+0.080%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0497%	8h	619.81	+0.071%	$6K	$543K	20x	as long as short
Binance AMDUSDT	+0.0502%	8h	619.40	+0.004%	$75.5M	$193.2M	25x	as long as short
Extended AMD_24_5-USD	+0.0504%	1h	619.32	−0.008%	$458K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0514%	8h	619.31	−0.010%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0606%	1h	619.37	long leg	$77K	$163K	10x
Arcus AMD-USD	+0.0780%	1h	619.15	−0.036%	$144K	$267K	10x	as long as short