Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0372%/8h= +40.7% APRpaid last 24h +0.021%

Price spread now: Aster against Injective+1.516%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Aster is 1.516% dearer against Injective than usual: you sell high and buy low: +$152 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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	Injective AMD/USDC PERP	611.72	0.0033	pay 0.0004% / 1h	1m 20s	$5K	$55K	12x
Short	Aster AMDUSDT	621.00	0.0405	get 0.0405% / 8h	6h 01m	$72K	$413K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now +1.516%Rate

Funding earned: $78.06
Price spread: +1.516% → 0.000%: $151.65
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: $221.69
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Aster: live order book, 66 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 66 min ago	2.96 bp	12.8 bp −$13	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AMD on 30 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	−0.0418%	4h	620.65	+1.460%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.00	+1.517%	$2K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.86	+1.494%	$121K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.32	+1.406%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0006%	8h	620.98	+1.514%	$4.5M	$13.4M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.52	+1.439%	$852K	$4.4M	10x	as long as short
Injective AMD/USDC PERPlong	+0.0033%	1h	611.72	long leg	$5K	$55K	12x
Arcus AMD-USD	+0.0040%	1h	620.77	+1.479%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.56	+1.445%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.81	+1.323%	$1.5M	$4.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0058%	1h	621.71	+1.633%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.83	+1.489%	$2.1M	$12.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.28	+1.399%	$1.9M	$286K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.61	+1.453%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.91	+1.502%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	619.72	+1.308%	$305K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0167%	1h	620.38	+1.416%	$25.1M	$93.6M	10x	as long as short
Lighter AMD	+0.0168%	1h	620.52	+1.439%	$549K	$2.4M	10x	as long as short
SoDEX AMD-USD	+0.0193%	1h	620.64	+1.458%	$25K	$24K	10x	as long as short
Bitget AMDUSDT	+0.0210%	8h	621.07	+1.528%	$10.3M	$17.1M	20x	as long as short
Phoenix AMD	+0.0244%	1h	620.78	+1.481%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.23	+1.555%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0287%	8h	620.64	+1.458%	$6.9M	$28.0M	25x	as long as short
Nado AMD-PERP	+0.0395%	1h	620.33	+1.407%	$268K	$209K	10x	as long as short
Aster AMDUSDTshort	+0.0405%	8h	621.00	+1.516%	$72K	$413K	50x
Deribit AMD_USDC-PERPETUAL	+0.0508%	1h	620.53	+1.440%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0723%	8h	620.91	+1.502%	$2.6M	$3.3M	—	as long as short
GRVT AMD_USDT_Perp	+0.0770%	8h	620.59	+1.450%	$17K	$134K	10x	as long as short
Binance AMDUSDT	+0.0781%	8h	620.95	+1.509%	$75.5M	$190.2M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	620.81	+1.486%	$463K	$1.9M	10x	as long as short