Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0496%/8h= −54.3% APRpaid last 24h −0.096%

Price spread now: OKX against Extended−0.026%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.026%, 7d avg −0.025%

Together, before fees−0.090%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% 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	621.47	0.0784	pay 0.0098% / 1h	17m 52s	$463K	$1.9M	10x
Short	OKX AMD-USDT-SWAP	621.31	0.0288	get 0.0288% / 8h	6h 17m	$6.9M	$28.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$104.08
Price spread: −0.026% → −0.025%: −$0.15
Slippage, 4 orders: −$12.38
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$131.61
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago	0.40 bp	6.4 bp −$6	38.9 bp −$389	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.81 bp	7.4 bp −$7	11.0 bp −$110	doesn't fit	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	−0.0959%	4h	621.23	−0.038%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.87	+0.064%	$1K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.78	+0.049%	$122K	$597K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.83	+0.057%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.34	−0.022%	$847K	$4.4M	10x	as long as short
Gate AMD_USDT	+0.0032%	8h	621.66	+0.030%	$4.5M	$13.3M	50x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.569%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.21	−0.042%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.00	−0.076%	$396K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	620.23	−0.200%	$1.5M	$4.2M	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	+0.0060%	1h	622.28	+0.130%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.42	−0.009%	$2.2M	$12.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.95	−0.084%	$1.9M	$288K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.19	−0.046%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.76	+0.046%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	620.27	−0.194%	$311K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0175%	1h	621.08	−0.063%	$25.1M	$93.6M	10x	as long as short
Lighter AMD	+0.0176%	1h	621.47	−0.001%	$550K	$2.4M	10x	as long as short
SoDEX AMD-USD	+0.0235%	1h	621.39	−0.013%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0244%	1h	620.80	−0.108%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.83	+0.058%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAPshort	+0.0288%	8h	621.31	−0.026%	$6.9M	$28.1M	25x
Bitget AMDUSDT	+0.0343%	8h	621.76	+0.046%	$10.3M	$17.3M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0394%	1h	621.25	−0.036%	$77K	$151K	10x	as long as short
Nado AMD-PERP	+0.0415%	1h	620.56	−0.147%	$268K	$206K	10x	as long as short
Aster AMDUSDT	+0.0416%	8h	621.62	+0.023%	$72K	$413K	50x	as long as short
Variational Omni AMD	+0.0733%	8h	621.00	−0.077%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USDlong	+0.0784%	1h	621.47	long leg	$463K	$1.9M	10x
Binance AMDUSDT	+0.0787%	8h	621.64	+0.027%	$75.5M	$190.4M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0884%	8h	621.78	+0.050%	$18K	$133K	10x	as long as short