Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRnext payment +$2.74 per $10,000 · paid last 24h +0.092%
Price spread now: BloFin against OKX+0.140%83s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.140%, 7d avg +0.059%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.080% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.059%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AMD-USDT-SWAP615.630.0145pay 0.0145% / 8h2h 47m$6.6M$28.8M25x
ShortBloFin AMD-USDT616.490.0419get 0.0419% / 8h2h 47m$6K$548K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$57.47
Price spread: +0.140% → +0.059%
$8.03
Slippage, 4 orders
−$12.52
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$30.98
Costs to cover
0.345%
Break-even
3.2 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.08 bp7.9 bp −$812.7 bp −$127doesn't fitdoesn't fit
Sell BloFin live order book, 43 min ago1.37 bp8.4 bp −$813.1 bp −$131doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0467%4h616.41+0.126%$77K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h615.98+0.057%$4.4M$13.9M50xas long as short
Bitget AMDUSDT0.0000%8h616.26+0.102%$10.2M$17.2M20xas long as short
SunX AMD-USDT0.0000%8h616.26+0.102%$2K$8.2M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h615.71+0.013%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h616.01+0.062%$115K$624K20xas long as short
Phemex AMDUSDT0.0000%8h615.48−0.024%$1.7M$461K10xas long as short
Lighter AMD+0.0032%1h615.83+0.032%$533K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h615.75+0.019%$801K$4.6M10xas long as short
QFEX AMD-USD+0.0032%1h616.21+0.094%$2.1M$11.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AMD-PERP+0.0036%1h615.61−0.004%$256K$239K10xas long as short
Arcus AMD-USD+0.0040%1h616.13+0.081%$140K$269K10xas long as short
Vest AMD-USD-PERP+0.0046%1h617.32+0.275%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h615.64+0.002%$23.2M$94.8M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h615.84+0.034%$402K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h616.08+0.073%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h615.50−0.021%$1.3M$5.0M10xas long as short
Aster AMDUSDT+0.0072%8h616.02+0.064%$69K$415K50xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h616.13+0.081%$320K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h615.86+0.037%$1.9M$295K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h616.60+0.158%$79K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h616.02+0.063%$368$6K10xas long as short
OKX AMD-USDT-SWAPlong+0.0145%8h615.63long leg$6.6M$28.8M25x
GRVT AMD_USDT_Perp+0.0147%8h616.22+0.096%$20K$164K10xas long as short
Aevo AMD-PERP+0.0184%1h616.31+0.110%$11K10xas long as short
Phoenix AMD+0.0195%1h615.78+0.024%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h619.05+0.556%$2K$57K12xas long as short
Variational Omni AMD+0.0331%8h616.38+0.121%$2.5M$3.3Mas long as short
Extended AMD_24_5-USD+0.0400%1h615.65+0.004%$459K$3.1M10xas long as short
Binance AMDUSDT+0.0403%8h615.70+0.011%$71.4M$199.5M25xas long as short
BloFin AMD-USDTshort+0.0419%8h616.49+0.140%$6K$548K20x