Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.063%

Price spread now: HTX against Deribit+0.063%7-day average +0.036% · 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−$37as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.139%−$14 on $10k

Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.063%, 7d avg +0.036%

Together, before fees−0.161%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.027% dearer against Deribit than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.036%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.3 days. At the pace of the last 5 days (−0.139% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	622.70	0.0570	pay 0.0071% / 1h	24m 29s	$78K	$151K	10x
Short	HTX AMD-USDT	623.09	0.0560	get 0.0560% / 8h	7h 24m	$132K	$579K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$2.03
Price spread: +0.063% → +0.036%: $2.71
Slippage, 4 orders: −$21.04
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$39.37
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from Deribit: live order book, 49 min ago; HTX: live order book, 49 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, 49 min ago	6.94 bp	10.4 bp −$10	14.6 bp −$146	doesn't fit	doesn't fit
Sell HTX live order book, 49 min ago	0.81 bp	8.7 bp −$9	12.7 bp −$127	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	−0.0390%	4h	624.24	+0.247%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.31	+0.098%	$1K	$8.6M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.77	+0.011%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.94	−0.122%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.763%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.30	−0.064%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0054%	1h	623.52	+0.132%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.60	−0.016%	$2.3M	$13.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.67	−0.005%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.31	+0.098%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+0.055%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0184%	1h	622.06	−0.103%	$545K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.13	+0.069%	$2K	$92K	10x	as long as short
Gate AMD_USDT	+0.0251%	8h	622.56	−0.022%	$4.5M	$13.5M	50x	as long as short
Aevo AMD-PERP	+0.0256%	1h	623.58	+0.141%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0258%	8h	622.35	−0.056%	$6.9M	$28.2M	25x	as long as short
Polymarket Perps AMD-USD	+0.0313%	1h	622.91	+0.034%	$397K	$1.5M	10x	as long as short
tradeXYZ xyz:AMD	+0.0319%	1h	621.91	−0.127%	$25.1M	$92.9M	10x	as long as short
Aster AMDUSDT	+0.0349%	8h	622.03	−0.107%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0371%	1h	622.91	+0.034%	$26K	$24K	10x	as long as short
Nado AMD-PERP	+0.0442%	1h	621.81	−0.143%	$318K	$172K	10x	as long as short
HTX AMD-USDTshort	+0.0560%	8h	623.09	+0.063%	$132K	$579K	20x
ApeX Omni AMDUSDT	+0.0561%	1h	624.17	+0.236%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0570%	1h	622.70	long leg	$78K	$151K	10x
Variational Omni AMD	+0.0654%	8h	623.70	+0.160%	$2.6M	$3.2M	—	as long as short
Extended AMD_24_5-USD	+0.0704%	1h	622.41	−0.047%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0704%	8h	622.55	−0.024%	$75.9M	$190.7M	25x	as long as short
BloFin AMD-USDT	+0.0727%	8h	623.39	+0.111%	$6K	$550K	20x	as long as short
Bitget AMDUSDT	+0.0734%	8h	622.96	+0.042%	$10.3M	$17.5M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.34	+0.103%	$145K	$264K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1501%	8h	624.33	+0.262%	$18K	$131K	10x	as long as short