Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.066%

Price spread now: SunX against edgeX−0.057%74s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$284as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2822.819% of the position

Long on edgeX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.057%, 7d avg +0.003%

Together, before fees−0.093%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.060% cheaper against edgeX than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.003%). If the spread goes back, that is −$6 on $10k: about 2.5 days of funding at the current rate (+$2 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMDUSDC	622.54	−0.0080	get 0.0040% / 4h	37m 53s	$81K	$1.6M	10x
Short	SunX AMD-USDT	622.18	0	get 0.0000% / 8h	4h 37m	$1K	$8.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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 edgeXbpFee SunXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $16.73
Price spread: −0.057% → +0.003%: −$6.02
Slippage, 4 orders: −$264.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$271.23
Costs to cover: 2.819%
Break-even: 120.5 days

Slippage from edgeX: live order book, 1 min ago; SunX: live order book, 11 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 edgeX live order book, 1 min ago	5.22 bp	11.4 bp −$11	32.9 bp −$329	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	44.68 bp	132.4 bp −$132	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 AMDUSDClong	−0.0080%	4h	622.54	long leg	$81K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	622.30	−0.038%	$4.5M	$13.4M	50x	as long as short
SunX AMD-USDTshort	0.0000%	8h	622.18	−0.057%	$1K	$8.3M	10x
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.75	−0.127%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.06	−0.077%	$121K	$609K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.26	−0.045%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.96	−0.093%	$556K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.98	−0.090%	$853K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.738%	$5K	$55K	12x	as long as short
Bitget AMDUSDT	+0.0039%	8h	622.35	−0.030%	$10.3M	$17.1M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.25	−0.046%	$144K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	621.96	−0.093%	$24.3M	$94.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.81	−0.117%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.03	−0.082%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.63	−0.146%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0058%	1h	623.51	+0.156%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.02	−0.083%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0098%	1h	621.76	−0.125%	$269K	$223K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.96	−0.093%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.05	−0.078%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.05	−0.078%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.02	−0.083%	$310K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.07	−0.075%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0256%	1h	622.40	−0.023%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0266%	8h	622.08	−0.074%	$6.9M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0325%	8h	621.92	−0.099%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0478%	8h	622.37	−0.028%	$17K	$144K	10x	as long as short
Variational Omni AMD	+0.0640%	8h	622.35	−0.030%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0694%	8h	622.28	−0.041%	$74.2M	$193.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0696%	1h	622.05	−0.078%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0701%	8h	622.25	−0.046%	$7K	$550K	20x	as long as short