Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0584%/8h= −63.9% APRpaid last 24h −0.116%

Price spread now: SunX against Extended−0.029%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$287as in the Funding arb table

Net, price: spread back to 7d avg − costs−$276as in the Price arb table

costs, in and out, $10k−$2702.699% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now −0.029%, 7d avg +0.029%

Together, before fees−0.214%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.058% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.029%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% 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	623.17	0.0584	pay 0.0073% / 1h	50m 27s	$464K	$1.6M	10x
Short	SunX AMD-USDT	622.99	0	get 0.0000% / 8h	7h 50m	$1K	$8.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$122.64
Price spread: −0.029% → +0.029%: −$5.81
Slippage, 4 orders: −$256.86
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$398.31
Costs to cover: 2.699%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; SunX: live order book, 9 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	0.64 bp	6.8 bp −$7	56.3 bp −$563	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	44.60 bp	129.3 bp −$129	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 AMDUSDC	−0.0505%	4h	623.27	+0.017%	$82K	$1.6M	10x	as long as short
SunX AMD-USDTshort	0.0000%	8h	622.99	−0.029%	$1K	$8.8M	10x
Phemex AMDUSDT	0.0000%	8h	623.36	+0.031%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.77	−0.064%	$855K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.837%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	624.29	+0.180%	—	$925K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.95	−0.196%	$1.5M	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.01	−0.026%	$2.3M	$13.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.66	−0.082%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.23	+0.010%	$380	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.59	−0.093%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	622.84	−0.053%	$536K	$2.3M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0204%	8h	623.23	+0.010%	$6.9M	$28.4M	25x	as long as short
Phoenix AMD	+0.0219%	1h	622.53	−0.103%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	622.59	−0.092%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0241%	8h	622.15	−0.163%	$72K	$416K	50x	as long as short
Gate AMD_USDT	+0.0359%	8h	623.26	+0.015%	$4.5M	$13.2M	50x	as long as short
Nado AMD-PERP	+0.0418%	1h	622.49	−0.109%	$319K	$166K	10x	as long as short
HTX AMD-USDT	+0.0469%	8h	623.13	−0.006%	$132K	$579K	20x	as long as short
Variational Omni AMD	+0.0536%	8h	623.02	−0.024%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0556%	8h	623.17	0.000%	$6K	$548K	20x	as long as short
Extended AMD_24_5-USDlong	+0.0584%	1h	623.17	long leg	$464K	$1.6M	10x
Binance AMDUSDT	+0.0585%	8h	623.47	+0.048%	$75.9M	$191.7M	25x	as long as short
SoDEX AMD-USD	+0.0589%	1h	623.10	−0.011%	$26K	$24K	10x	as long as short
Bitget AMDUSDT	+0.0631%	8h	623.16	−0.001%	$10.2M	$17.6M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0730%	1h	622.96	−0.034%	$78K	$151K	10x	as long as short
tradeXYZ xyz:AMD	+0.0761%	1h	623.01	−0.026%	$25.0M	$93.1M	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.82	−0.056%	$145K	$265K	10x	as long as short
Polymarket Perps AMD-USD	+0.0792%	1h	623.23	+0.010%	$397K	$1.5M	10x	as long as short
ApeX Omni AMDUSDT	+0.1000%	1h	622.55	−0.099%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.1467%	8h	623.14	−0.005%	$18K	$131K	10x	as long as short