Funding arb · Price arb /

AMD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0504%/8h= +55.2% APRpaid last 24h +0.124%

Price spread now: Extended against HTX−0.111%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.111%, 7d avg −0.021%

Together, before fees+0.394%+ Points / potential airdropExtended: Active · farm board+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.090% cheaper against HTX than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.021%). If the spread goes back, that is −$9 on $10k: about 14 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.212% in total) that is about 3.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.212% in total (about 11.1% 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	HTX AMD-USDT	616.72	0	get 0.0000% / 8h	3h 23m	$117K	$623K	20x
Short	Extended AMD_24_5-USD	616.04	0.0504	get 0.0063% / 1h	23m 23s	$459K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.111%Rate

Funding earned: $105.84
Price spread: −0.111% → −0.021%: −$9.01
Slippage, 4 orders: −$13.2
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $66.64
Costs to cover: 0.302%
Break-even: 2.6 days

Slippage from HTX: live order book, 30 min ago; Extended: live order book, 5 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, 30 min ago	0.96 bp	7.0 bp −$7	18.5 bp −$185	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.16 bp	6.8 bp −$7	32.9 bp −$329	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	−0.0299%	4h	618.88	+0.351%	$78K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	616.61	−0.018%	$4.5M	$13.8M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	616.37	−0.057%	$10.2M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	616.12	−0.097%	$2K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	615.68	−0.169%	$77K	$151K	10x	as long as short
HTX AMD-USDTlong	0.0000%	8h	616.72	long leg	$117K	$623K	20x
Phemex AMDUSDT	0.0000%	8h	615.44	−0.208%	$1.7M	$461K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.71	−0.164%	$801K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	+0.378%	$2K	$57K	12x	as long as short
Lighter AMD	+0.0040%	1h	615.91	−0.131%	$524K	$2.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	617.68	+0.156%	$140K	$269K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	615.82	−0.146%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	615.95	−0.125%	$395K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.10	−0.101%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.55	−0.190%	$1.3M	$4.6M	10x	as long as short
Vest AMD-USD-PERP	+0.0061%	1h	617.56	+0.136%	—	$924K	25x	as long as short
Nado AMD-PERP	+0.0085%	1h	615.79	−0.150%	$261K	$236K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	615.79	−0.151%	$315K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.55	−0.028%	$1.9M	$293K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	617.96	+0.201%	$79K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.72	0.000%	$369	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0111%	1h	616.18	−0.088%	$23.3M	$94.5M	10x	as long as short
Phoenix AMD	+0.0141%	1h	617.55	+0.135%	$2K	$90K	10x	as long as short
Aster AMDUSDT	+0.0159%	8h	617.02	+0.048%	$69K	$415K	50x	as long as short
OKX AMD-USDT-SWAP	+0.0197%	8h	616.05	−0.109%	$6.8M	$28.1M	25x	as long as short
Aevo AMD-PERP	+0.0208%	1h	616.19	−0.086%	$11K	—	10x	as long as short
GRVT AMD_USDT_Perp	+0.0234%	8h	617.69	+0.157%	$19K	$160K	10x	as long as short
Variational Omni AMD	+0.0444%	8h	617.63	+0.148%	$2.5M	$3.3M	—	as long as short
Extended AMD_24_5-USDshort	+0.0504%	1h	616.04	−0.111%	$459K	$1.9M	10x
Binance AMDUSDT	+0.0505%	8h	616.29	−0.070%	$72.4M	$197.8M	25x	as long as short
BloFin AMD-USDT	+0.0520%	8h	616.49	−0.037%	$6K	$546K	20x	as long as short