Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h +0.153%

Price spread now: Arcus against Gate+0.010%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Gate Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.216%+$22 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.010%, 7d avg −0.035%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.045% dearer against Gate than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.035%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. Mind the row above: over the last 3 days funding on this pair paid +0.216%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AMD_USDT	622.40	0.0069	pay 0.0069% / 8h	6h 46m	$4.5M	$13.2M	50x
Short	Arcus AMD-USD	622.46	0.0040	get 0.0005% / 1h	46m 45s	$144K	$264K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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 GatebpFee ArcusbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$6.03
Price spread: +0.010% → −0.035%: $4.49
Slippage, 4 orders: −$25.91
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$46.95
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Arcus: live order book, 22 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 Gate live order book, 2 min ago	0.72 bp	14.6 bp −$15	89.6 bp −$896	doesn't fit	doesn't fit
Sell Arcus live order book, 22 min ago	4.49 bp	10.7 bp −$11	12.8 bp −$128	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	−0.0595%	4h	622.79	+0.063%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.09	−0.050%	$1K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.76	−0.103%	$1.8M	$460K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0007%	1h	621.70	−0.112%	$77K	$151K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.05	−0.056%	$536K	$2.4M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.02	−0.061%	$838K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.716%	$5K	$55K	12x	as long as short
Arcus AMD-USDshort	+0.0040%	1h	622.46	+0.010%	$144K	$264K	10x
Polymarket Perps AMD-USD	+0.0050%	1h	621.61	−0.127%	$396K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.17	−0.037%	$26K	$24K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	621.62	−0.125%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	623.34	+0.151%	—	$924K	25x	as long as short
Gate AMD_USDTlong	+0.0069%	8h	622.40	long leg	$4.5M	$13.2M	50x
QFEX AMD-USD	+0.0080%	1h	621.97	−0.069%	$2.2M	$12.6M	10x	as long as short
tradeXYZ xyz:AMD	+0.0091%	1h	621.99	−0.066%	$25.1M	$93.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.11	−0.047%	$1.9M	$293K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.35	−0.008%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.13	−0.043%	$372	$6K	10x	as long as short
HTX AMD-USDT	+0.0109%	8h	621.96	−0.071%	$132K	$579K	20x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	623.02	+0.100%	$300K	$1.8M	10x	as long as short
Phoenix AMD	+0.0244%	1h	622.53	+0.021%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	622.36	−0.007%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0274%	8h	622.12	−0.045%	$6.9M	$28.2M	25x	as long as short
Nado AMD-PERP	+0.0281%	1h	621.52	−0.141%	$275K	$198K	10x	as long as short
Aster AMDUSDT	+0.0409%	8h	621.87	−0.085%	$72K	$416K	50x	as long as short
Bitget AMDUSDT	+0.0604%	8h	622.50	+0.016%	$10.3M	$17.3M	20x	as long as short
Variational Omni AMD	+0.0728%	8h	622.86	+0.074%	$2.6M	$3.2M	—	as long as short
Binance AMDUSDT	+0.0772%	8h	622.49	+0.014%	$75.6M	$190.5M	25x	as long as short
Extended AMD_24_5-USD	+0.0776%	1h	622.28	−0.019%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0779%	8h	622.73	+0.053%	$7K	$551K	20x	as long as short
GRVT AMD_USDT_Perp	+0.1061%	8h	622.68	+0.044%	$18K	$131K	10x	as long as short