Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0574%/8h= −62.9% APRpaid last 24h −0.035%

Price spread now: Bitget against Extended+0.066%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.066%, 7d avg +0.019%

Together, before fees−0.121%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.046% dearer against Extended than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.019%): +$5 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% 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	Extended AMD_24_5-USD	620.61	0.0784	pay 0.0098% / 1h	0m 53s	$463K	$1.9M	10x
Short	Bitget AMDUSDT	621.02	0.0210	get 0.0210% / 8h	6h 00m	$10.3M	$17.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$120.54
Price spread: +0.066% → +0.019%: $4.65
Slippage, 4 orders: −$18.99
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$151.89
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Bitget: live order book, 3 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 Extended live order book, 3 min ago	0.32 bp	6.8 bp −$7	52.5 bp −$525	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.73 bp	10.4 bp −$10	23.5 bp −$235	41.1 bp −$4,114	doesn't fit

AMD on 30 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	−0.0418%	4h	620.65	+0.007%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.00	+0.062%	$2K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.86	+0.040%	$121K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.32	−0.047%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0006%	8h	620.81	+0.032%	$4.5M	$13.4M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.52	−0.015%	$852K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.433%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.77	+0.025%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.56	−0.009%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.81	−0.129%	$1.5M	$4.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0058%	1h	621.71	+0.177%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.83	+0.035%	$2.1M	$12.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.07	−0.088%	$1.9M	$286K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.61	−0.001%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.91	+0.048%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	619.72	−0.144%	$305K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0167%	1h	620.40	−0.034%	$25.1M	$93.6M	10x	as long as short
Lighter AMD	+0.0168%	1h	620.52	−0.015%	$549K	$2.4M	10x	as long as short
SoDEX AMD-USD	+0.0193%	1h	620.64	+0.004%	$25K	$24K	10x	as long as short
Bitget AMDUSDTshort	+0.0210%	8h	621.02	+0.066%	$10.3M	$17.1M	20x
Phoenix AMD	+0.0244%	1h	620.78	+0.027%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.23	+0.099%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0287%	8h	620.64	+0.004%	$6.9M	$28.0M	25x	as long as short
Nado AMD-PERP	+0.0395%	1h	620.33	−0.046%	$268K	$209K	10x	as long as short
Aster AMDUSDT	+0.0405%	8h	620.83	+0.034%	$72K	$413K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0508%	1h	620.53	−0.013%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0722%	8h	620.89	+0.045%	$2.6M	$3.3M	—	as long as short
GRVT AMD_USDT_Perp	+0.0770%	8h	620.59	−0.004%	$17K	$134K	10x	as long as short
Binance AMDUSDT	+0.0781%	8h	620.77	+0.026%	$75.5M	$190.2M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0784%	1h	620.61	long leg	$463K	$1.9M	10x