Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0334%/8h= +36.6% APRpaid last 24h +0.056%

Price spread now: Deribit against Gate−0.028%7-day average −0.018% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$510.511% of the position

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.121%+$12 on $10k

Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.028%, 7d avg −0.018%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.121% in total (about 9.6% 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	Gate AMD_USDT	616.46	0	get 0.0000% / 8h	2h 04m	$4.3M	$13.4M	50x
Short	Deribit AMD_USDC-PERPETUAL	616.29	0.0334	get 0.0042% / 1h	4m 17s	$77K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.028%Rate

Funding earned: $70.24
Price spread: −0.028% → −0.018%: −$0.95
Slippage, 4 orders: −$29.07
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $18.22
Costs to cover: 0.511%
Break-even: 5.2 days

Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 19 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, 4 min ago	1.78 bp	13.3 bp −$13	43.6 bp −$436	doesn't fit	doesn't fit
Sell Deribit live order book, 19 min ago	6.01 bp	13.1 bp −$13	14.9 bp −$149	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	−0.0327%	4h	616.70	+0.039%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.39	−0.011%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDTlong	0.0000%	8h	616.46	long leg	$4.3M	$13.4M	50x
SunX AMD-USDT	0.0000%	8h	616.60	+0.023%	$943	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.23	−0.037%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.00	−0.075%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.13	−0.054%	$866K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.769%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.11	+0.105%	—	$948K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	616.01	−0.073%	$24.9M	$95.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	616.17	−0.047%	$405K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.35	−0.018%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.79	−0.109%	$1.4M	$4.8M	10x	as long as short
Lighter AMD	+0.0056%	1h	616.23	−0.037%	$574K	$2.7M	10x	as long as short
Aster AMDUSDT	+0.0077%	8h	616.57	+0.018%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.41	−0.008%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.98	−0.078%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.04	−0.068%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.40	−0.010%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.115%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	615.96	−0.081%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.78	+0.052%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0297%	1h	615.82	−0.104%	$314K	$166K	10x	as long as short
Deribit AMD_USDC-PERPETUALshort	+0.0334%	1h	616.29	−0.028%	$77K	$163K	10x
GRVT AMD_USDT_Perp	+0.0350%	8h	616.52	+0.009%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0366%	8h	616.51	+0.008%	$2.7M	$3.1M	—	as long as short
Extended AMD_24_5-USD	+0.0416%	1h	616.55	+0.014%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0419%	8h	616.62	+0.026%	$74.9M	$193.0M	25x	as long as short
BloFin AMD-USDT	+0.0449%	8h	616.40	−0.010%	$6K	$540K	20x	as long as short
Bitget AMDUSDT	+0.0463%	8h	616.40	−0.010%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.42	−0.006%	$142K	$282K	10x	as long as short