Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0294%/8h= −32.2% APRnext payment $0.37 per $10,000 · paid last 24h −0.048%
Price spread now: Ondo Perps against Deribit−0.186%7-day average −0.069% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.021%−$2 on $10k
Price spread, last 3 days (all we have)+0.189%+$19 · spread now −0.186%, 7d avg −0.069%
Together, before fees+0.169%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.117% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.021% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMD_USDC-PERPETUAL623.110.0344pay 0.0043% / 1h49m 46s$78K$151K10x
ShortOndo Perps AMD-USD.P621.950.0050get 0.0006% / 1h49m 46s$1.5M$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$61.69
Price spread: −0.186% → −0.069%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$85.38
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 24 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 24 min ago6.94 bp10.4 bp −$1014.6 bp −$146doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0505%4h623.27+0.026%$82K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h623.62+0.082%$2K$8.8M10xas long as short
Phemex AMDUSDT0.0000%8h623.03−0.013%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h623.16+0.008%$855K$4.3M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.828%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h624.29+0.189%$925K25xas long as short
Ondo Perps AMD-USD.Pshort+0.0050%1h621.95−0.186%$1.5M$4.7M10x
QFEX AMD-USD+0.0080%1h623.01−0.016%$2.3M$13.5M10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.80−0.050%$1.9M$313K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h623.71+0.096%$380$6K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMD-PERP-INTX+0.0112%1h622.59−0.083%$312K$1.8M10xas long as short
Lighter AMD+0.0176%1h623.85+0.119%$536K$2.3M10xas long as short
OKX AMD-USDT-SWAP+0.0206%8h623.81+0.112%$6.9M$28.4M25xas long as short
Phoenix AMD+0.0219%1h622.53−0.093%$2K$92K10xas long as short
Aevo AMD-PERP+0.0224%1h623.04−0.011%$11K10xas long as short
Aster AMDUSDT+0.0241%8h622.51−0.096%$72K$416K50xas long as short
Deribit AMD_USDC-PERPETUALlong+0.0344%1h623.11long leg$78K$151K10x
Gate AMD_USDT+0.0359%8h624.05+0.151%$4.5M$13.2M50xas long as short
Nado AMD-PERP+0.0418%1h622.49−0.099%$319K$166K10xas long as short
HTX AMD-USDT+0.0477%8h623.38+0.043%$132K$579K20xas long as short
Variational Omni AMD+0.0536%8h623.02−0.015%$2.6M$3.2Mas long as short
BloFin AMD-USDT+0.0556%8h623.17+0.010%$6K$548K20xas long as short
SoDEX AMD-USD+0.0575%1h623.54+0.069%$26K$24K10xas long as short
Extended AMD_24_5-USD+0.0584%1h623.60+0.079%$464K$1.7M10xas long as short
Binance AMDUSDT+0.0585%8h623.83+0.115%$76.0M$191.7M25xas long as short
Bitget AMDUSDT+0.0631%8h623.82+0.114%$10.2M$17.6M20xas long as short
tradeXYZ xyz:AMD+0.0720%1h623.65+0.087%$25.1M$93.1M10xas long as short
Arcus AMD-USD+0.0782%1h622.82−0.047%$145K$265K10xas long as short
Polymarket Perps AMD-USD+0.0792%1h623.23+0.019%$397K$1.5M10xas long as short
ApeX Omni AMDUSDT+0.1000%1h622.55−0.090%$80K$259K50xas long as short
GRVT AMD_USDT_Perp+0.1467%8h623.14+0.004%$18K$131K10xas long as short