Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.014%

Price spread now: ApeX Omni against OKX+0.129%110s7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.358% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.129%, 7d avg +0.036%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.094% dearer against OKX than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.036%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.220%, so the current rate has only just turned against you. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMD-USDT-SWAP	611.08	0.0117	pay 0.0117% / 8h	2h 25m	$6.5M	$28.8M	25x
Short	ApeX Omni AMDUSDT	611.87	0.0100	get 0.0013% / 1h	25m 42s	$79K	$256K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now +0.129%Rate

Funding earned: −$3.57
Price spread: +0.129% → +0.036%: $9.35
Slippage, 4 orders: −$15.76
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$29.98
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 21 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 OKX live order book, 3 min ago	0.08 bp	6.9 bp −$7	10.9 bp −$109	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 21 min ago	5.60 bp	10.6 bp −$11	40.4 bp −$404	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	−0.0542%	4h	612.37	+0.210%	$72K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0231%	8h	611.58	+0.082%	$10.3M	$17.3M	20x	as long as short
Gate AMD_USDT	0.0000%	8h	610.99	−0.015%	$4.4M	$14.1M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.08	0.000%	$2K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.47	+0.064%	$112K	$627K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	610.49	−0.097%	$1.7M	$461K	10x	as long as short
Lighter AMD	+0.0032%	1h	610.80	−0.046%	$525K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	610.66	−0.069%	$812K	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	610.33	−0.123%	$2.0M	$11.6M	10x	as long as short
Aster AMDUSDT	+0.0035%	8h	611.17	+0.015%	$69K	$415K	50x	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	611.32	+0.039%	$136K	$271K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	611.08	0.000%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	610.71	−0.061%	$23.0M	$95.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	610.46	−0.101%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	610.73	−0.057%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	609.94	−0.187%	$1.3M	$5.1M	10x	as long as short
Nado AMD-PERP	+0.0072%	1h	610.17	−0.149%	$254K	$240K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	610.20	−0.144%	$317K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	610.46	−0.101%	$1.8M	$295K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	611.87	+0.129%	$79K	$256K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	610.80	−0.046%	$365	$6K	10x	as long as short
OKX AMD-USDT-SWAPlong	+0.0117%	8h	611.08	long leg	$6.5M	$28.8M	25x
GRVT AMD_USDT_Perp	+0.0136%	8h	612.07	+0.162%	$19K	$167K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	611.06	−0.003%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	611.93	+0.139%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	612.62	+0.252%	$2K	$59K	12x	as long as short
Variational Omni AMD	+0.0279%	8h	610.92	−0.025%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0365%	8h	611.23	+0.025%	$71.5M	$202.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0368%	1h	610.88	−0.034%	$457K	$3.1M	10x	as long as short
BloFin AMD-USDT	+0.0371%	8h	611.34	+0.043%	$6K	$543K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0373%	1h	610.59	−0.080%	$76K	$151K	10x	as long as short