Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.024%

Price spread now: Coinbase International against HTX−0.230%7-day average −0.124% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

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

costs, in and out, $10k−$320.320% of the position

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.154%+$15 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.230%, 7d avg −0.124%

Together, before fees+0.258%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.106% cheaper against HTX than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of −0.124%). If the spread goes back, that is −$11 on $10k: about 2.6 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AMD-USDT	622.12	0	get 0.0000% / 8h	5h 07m	$122K	$599K	20x
Short	Coinbase International AMD-PERP-INTX	620.69	0.0136	get 0.0017% / 1h	7m 09s	$300K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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 HTXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.230%Rate

Funding earned: $28.56
Price spread: −0.230% → −0.124%: −$10.59
Slippage, 4 orders: −$9.97
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$14
Costs to cover: 0.320%
Break-even: 10.4 days

Slippage from HTX: live order book, 56 min ago; Coinbase International: 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 HTX live order book, 56 min ago	2.42 bp	9.9 bp −$10	20.9 bp −$209	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	1.53 bp	6.5 bp −$7	10.7 bp −$107	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	−0.0804%	4h	622.14	+0.003%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.25	+0.021%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.81	−0.050%	$77K	$151K	10x	as long as short
HTX AMD-USDTlong	0.0000%	8h	622.12	long leg	$122K	$599K	20x
Phemex AMDUSDT	0.0000%	8h	621.73	−0.063%	$1.8M	$459K	10x	as long as short
Gate AMD_USDT	+0.0010%	8h	622.34	+0.035%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	622.04	−0.013%	$856K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.672%	$5K	$55K	12x	as long as short
Bitget AMDUSDT	+0.0034%	8h	622.40	+0.045%	$10.3M	$17.0M	20x	as long as short
Arcus AMD-USD	+0.0040%	1h	622.08	−0.006%	$144K	$263K	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	621.88	−0.039%	$399K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.48	−0.103%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0054%	1h	623.48	+0.219%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.20	+0.013%	$2.1M	$11.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.92	−0.032%	$1.9M	$281K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.01	−0.018%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.13	+0.002%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTXshort	+0.0136%	1h	620.69	−0.230%	$300K	$1.8M	10x
tradeXYZ xyz:AMD	+0.0155%	1h	621.92	−0.032%	$24.8M	$93.8M	10x	as long as short
SoDEX AMD-USD	+0.0183%	1h	622.15	+0.005%	$26K	$24K	10x	as long as short
Lighter AMD	+0.0208%	1h	622.09	−0.005%	$545K	$2.5M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.94	−0.029%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	622.54	+0.068%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0300%	1h	621.76	−0.057%	$269K	$218K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0305%	8h	622.28	+0.026%	$7.0M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0385%	8h	621.91	−0.033%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0658%	8h	622.28	+0.026%	$17K	$140K	10x	as long as short
Variational Omni AMD	+0.0712%	8h	621.75	−0.059%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0767%	8h	622.38	+0.042%	$75.4M	$190.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0768%	1h	622.16	+0.007%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0770%	8h	622.42	+0.048%	$7K	$549K	20x	as long as short