Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h −0.117%

Price spread now: Gate against Extended+0.034%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.034%, 7d avg 0.000%

Together, before fees−0.308%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.034% dearer against Extended than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of 0.000%): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.169% in total) that is about 34 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.169% in total (about -8.8% 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	622.75	0.0560	pay 0.0070% / 1h	54m 45s	$466K	$1.5M	10x
Short	Gate AMD_USDT	622.96	0	get 0.0000% / 8h	7h 54m	$4.4M	$13.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.034%Rate

Funding earned: −$117.6
Price spread: +0.034% → 0.000%: $3.44
Slippage, 4 orders: −$26.1
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$160.26
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago	0.81 bp	7.4 bp −$7	64.2 bp −$642	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.37 bp	17.4 bp −$17	43.9 bp −$439	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	−0.0701%	4h	622.81	+0.010%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTshort	0.0000%	8h	622.96	+0.034%	$4.4M	$13.1M	50x
SunX AMD-USDT	0.0000%	8h	623.14	+0.063%	$2K	$8.8M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.63	−0.019%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.98	−0.123%	$850K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.771%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	623.62	+0.140%	—	$924K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.17	−0.093%	$1.5M	$4.7M	10x	as long as short
Lighter AMD	+0.0064%	1h	622.06	−0.110%	$531K	$2.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.86	+0.018%	$2.3M	$13.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMDUSDTM	+0.0100%	8h	621.69	−0.170%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.78	+0.005%	$80K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.07	−0.109%	$379	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0112%	1h	620.37	−0.382%	$311K	$1.8M	10x	as long as short
HTX AMD-USDT	+0.0138%	8h	622.53	−0.035%	$132K	$580K	20x	as long as short
OKX AMD-USDT-SWAP	+0.0194%	8h	622.84	+0.015%	$6.9M	$28.3M	25x	as long as short
Phoenix AMD	+0.0207%	1h	620.86	−0.303%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	621.88	−0.140%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0221%	8h	621.76	−0.159%	$72K	$416K	50x	as long as short
Nado AMD-PERP	+0.0330%	1h	622.23	−0.083%	$319K	$166K	10x	as long as short
Variational Omni AMD	+0.0513%	8h	622.74	−0.001%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0549%	8h	623.03	+0.046%	$6K	$548K	20x	as long as short
Extended AMD_24_5-USDlong	+0.0560%	1h	622.75	long leg	$466K	$1.5M	10x
Binance AMDUSDT	+0.0563%	8h	622.98	+0.037%	$75.9M	$191.8M	25x	as long as short
Bitget AMDUSDT	+0.0577%	8h	623.01	+0.042%	$10.1M	$17.7M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0683%	1h	622.19	−0.089%	$77K	$151K	10x	as long as short
SoDEX AMD-USD	+0.0735%	1h	622.22	−0.085%	$26K	$24K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.09	−0.105%	$144K	$265K	10x	as long as short
Polymarket Perps AMD-USD	+0.1158%	1h	621.99	−0.121%	$396K	$1.5M	10x	as long as short
tradeXYZ xyz:AMD	+0.1215%	1h	621.99	−0.121%	$25.0M	$93.0M	10x	as long as short
GRVT AMD_USDT_Perp	+0.1240%	8h	623.24	+0.079%	$17K	$132K	10x	as long as short