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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0683%/8h= +74.7% APRpaid last 24h +0.094%
Price spread now: BloFin against Polymarket Perps+0.037%45s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.037%, 7d avg +0.074%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.074%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.095% in total) that is about 2.7 days. The two prices were read 45 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 0.095% in total (about 5.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMD-USD622.060.0050pay 0.0006% / 1h39m 43s$399K$1.5M10x
ShortBloFin AMD-USDT622.290.0733get 0.0733% / 8h4h 39m$7K$550K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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
$143.35
Price spread: +0.037% → +0.074%
−$3.68
Slippage, 4 orders
−$9.81
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$109.86
Costs to cover
0.298%
Break-even
1.6 days
Slippage from Polymarket Perps: live order book, 4 min ago; BloFin: live order book, 61 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 Polymarket Perps live order book, 4 min ago2.65 bp6.7 bp −$76.8 bp −$688.9 bp −$887doesn't fit
Sell BloFin live order book, 61 min ago0.08 bp9.8 bp −$1014.5 bp −$145doesn'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−0.0080%4h622.54+0.077%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h622.33+0.043%$4.5M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h622.43+0.059%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.80−0.042%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h622.21+0.024%$122K$609K20xas long as short
Phemex AMDUSDT0.0000%8h621.59−0.076%$1.8M$458K10xas long as short
Lighter AMD+0.0032%1h621.81−0.040%$556K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.81−0.040%$852K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.662%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h622.25+0.031%$144K$263K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMDUSDT+0.0043%8h622.24+0.029%$10.3M$17.1M20xas long as short
tradeXYZ xyz:AMD+0.0050%1h621.81−0.040%$24.3M$94.0M10xas long as short
Polymarket Perps AMD-USDlong+0.0050%1h622.06long leg$399K$1.5M10x
SoDEX AMD-USD+0.0050%1h622.12+0.010%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.64−0.068%$1.5M$4.2M10xas long as short
Vest AMD-USD-PERP+0.0058%1h623.84+0.286%$923K25xas long as short
QFEX AMD-USD+0.0080%1h622.38+0.051%$2.1M$11.6M10xas long as short
Nado AMD-PERP+0.0095%1h622.12+0.010%$269K$223K10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.89−0.027%$1.9M$282K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.80−0.042%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.23+0.027%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h622.02−0.006%$310K$1.8M10xas long as short
Phoenix AMD+0.0206%1h621.90−0.026%$2K$90K10xas long as short
Aevo AMD-PERP+0.0256%1h622.52+0.074%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0267%8h622.07+0.002%$6.9M$28.0M25xas long as short
Aster AMDUSDT+0.0327%8h621.86−0.032%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0501%8h622.21+0.024%$18K$143K10xas long as short
Variational Omni AMD+0.0640%8h622.35+0.047%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0696%1h621.94−0.019%$464K$1.9M10xas long as short
Binance AMDUSDT+0.0697%8h622.09+0.005%$74.1M$193.0M25xas long as short
BloFin AMD-USDTshort+0.0733%8h622.29+0.037%$7K$550K20x