Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0692%/8h= +75.8% APRpaid last 24h +0.086%

Price spread now: Extended against Orderly−0.031%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.031% cheaper against Orderly than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AMD_USDC_mythos	623.61	0.0100	pay 0.0100% / 8h	7h 03m	$373	$6K	10x
Short	Extended AMD_24_5-USD	623.42	0.0792	get 0.0099% / 1h	3m 16s	$463K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now −0.031%Rate

Funding earned: $145.32
Price spread: −0.031% → 0.000%: −$3.11
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $131.21
Costs to cover: 0.110%
Break-even: 0.7 days

Slippage unknown: Orderly: no order-book sample; Extended: live order book, 5 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 5 min ago	0.72 bp	7.3 bp −$7	57.1 bp −$571	doesn't fit	doesn't fit

Orderly: 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 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	−0.0019%	4h	624.20	+0.094%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.49	−0.019%	$1K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.11	−0.080%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.21	−0.064%	$853K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.907%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.61	−0.160%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0061%	1h	624.75	+0.183%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.61	0.000%	$2.2M	$12.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.49	−0.019%	$1.9M	$299K	20x	as long as short
Orderly PERP_AMD_USDC_mythoslong	+0.0100%	8h	623.61	long leg	$373	$6K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.02	−0.095%	$300K	$1.8M	10x	as long as short
Lighter AMD	+0.0168%	1h	623.23	−0.061%	$546K	$2.4M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0183%	1h	623.12	−0.079%	$78K	$151K	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.48	−0.021%	$2K	$92K	10x	as long as short
Gate AMD_USDT	+0.0223%	8h	623.64	+0.005%	$4.5M	$13.6M	50x	as long as short
Polymarket Perps AMD-USD	+0.0228%	1h	623.18	−0.069%	$397K	$1.5M	10x	as long as short
tradeXYZ xyz:AMD	+0.0264%	1h	622.97	−0.103%	$25.2M	$93.2M	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	623.84	+0.038%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0288%	8h	623.39	−0.035%	$6.9M	$28.3M	25x	as long as short
SoDEX AMD-USD	+0.0337%	1h	623.50	−0.018%	$26K	$24K	10x	as long as short
Nado AMD-PERP	+0.0421%	1h	623.01	−0.097%	$318K	$174K	10x	as long as short
Aster AMDUSDT	+0.0429%	8h	622.76	−0.136%	$72K	$416K	50x	as long as short
ApeX Omni AMDUSDT	+0.0437%	1h	623.82	+0.034%	$80K	$259K	50x	as long as short
HTX AMD-USDT	+0.0604%	8h	623.40	−0.034%	$132K	$579K	20x	as long as short
Bitget AMDUSDT	+0.0717%	8h	623.61	0.000%	$10.3M	$17.5M	20x	as long as short
Variational Omni AMD	+0.0731%	8h	624.04	+0.069%	$2.6M	$3.2M	—	as long as short
Arcus AMD-USD	+0.0782%	1h	623.89	+0.045%	$145K	$264K	10x	as long as short
Extended AMD_24_5-USDshort	+0.0792%	1h	623.42	−0.031%	$463K	$1.9M	10x
Binance AMDUSDT	+0.0794%	8h	623.53	−0.013%	$75.9M	$190.5M	25x	as long as short
BloFin AMD-USDT	+0.0816%	8h	623.56	−0.008%	$6K	$551K	20x	as long as short
GRVT AMD_USDT_Perp	+0.1541%	8h	624.14	+0.085%	$18K	$131K	10x	as long as short