Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.071%

Price spread now: Gate against Deribit+0.108%7-day average +0.021% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on Deribit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.163%−$16 on $10k

Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.108%, 7d avg +0.021%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.087% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 5 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	621.60	0	get 0.0000% / 1h	8m 43s	$77K	$151K	10x
Short	Gate AMD_USDT	622.27	0.0011	get 0.0011% / 8h	5h 08m	$4.5M	$13.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.108%Rate

Funding earned: $2.31
Price spread: +0.108% → +0.021%: $8.68
Slippage, 4 orders: −$25.83
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.84
Costs to cover: 0.478%
Break-even: 118.6 days

Slippage from Deribit: live order book, 55 min ago; Gate: live order book, 5 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, 55 min ago	4.27 bp	7.8 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.61 bp	15.8 bp −$16	42.3 bp −$423	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	−0.0872%	4h	621.69	+0.014%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.19	+0.095%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUALlong	0.0000%	1h	621.60	long leg	$77K	$151K	10x
HTX AMD-USDT	0.0000%	8h	621.98	+0.061%	$122K	$599K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.32	+0.116%	$1.8M	$459K	10x	as long as short
Gate AMD_USDTshort	+0.0011%	8h	622.27	+0.108%	$4.5M	$13.3M	50x
Bitget AMDUSDT	+0.0028%	8h	622.25	+0.105%	$10.3M	$17.0M	20x	as long as short
Lighter RH AMD	+0.0032%	1h	621.91	+0.050%	$855K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.589%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.91	+0.050%	$144K	$263K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	621.83	+0.037%	$399K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.31	−0.047%	$1.5M	$4.1M	10x	as long as short
Vest AMD-USD-PERP	+0.0053%	1h	623.46	+0.299%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.22	+0.100%	$2.1M	$11.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.85	+0.040%	$1.9M	$281K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.53	−0.011%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.05	+0.072%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.146%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0159%	1h	621.83	+0.037%	$24.8M	$93.8M	10x	as long as short
SoDEX AMD-USD	+0.0199%	1h	622.02	+0.068%	$26K	$24K	10x	as long as short
Lighter AMD	+0.0216%	1h	621.94	+0.055%	$545K	$2.5M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.11	−0.079%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	622.45	+0.137%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0307%	1h	621.91	+0.050%	$269K	$218K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0307%	8h	622.04	+0.071%	$6.9M	$27.9M	25x	as long as short
Aster AMDUSDT	+0.0387%	8h	621.82	+0.035%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0669%	8h	621.77	+0.027%	$18K	$139K	10x	as long as short
Variational Omni AMD	+0.0712%	8h	621.75	+0.025%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0768%	1h	621.98	+0.061%	$464K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0769%	8h	622.17	+0.092%	$75.7M	$190.2M	25x	as long as short
BloFin AMD-USDT	+0.0785%	8h	622.19	+0.095%	$7K	$548K	20x	as long as short