Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.1024%/8h= −112.1% APRpaid last 24h −0.094%

Price spread now: edgeX against Polymarket Perps+0.039%64s7-day average +0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as 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−$370.372% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.188%−$19 on $10k

Price spread, last 7 days+0.036%+$4 · spread now +0.039%, 7d avg +0.068%

Together, before fees−0.152%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.029% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.068%). Swap the legs. The two prices were read 64 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 -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	613.76	0.0050	pay 0.0006% / 1h	48m 04s	$395K	$1.5M	10x
Short	edgeX AMDUSDC	614.00	−0.0974	pay 0.0487% / 4h	1h 48m	$74K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$215.05
Price spread: +0.039% → +0.068%: −$2.94
Slippage, 4 orders: −$20.21
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$255.19
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 4 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 Polymarket Perps live order book, 4 min ago	2.85 bp	7.0 bp −$7	7.3 bp −$73	10.2 bp −$1,015	doesn't fit
Sell edgeX live order book, 4 min ago	4.48 bp	9.7 bp −$10	31.7 bp −$317	doesn't fit	doesn't fit

AMD on 31 exchanges

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 AMDUSDCshort	−0.0974%	4h	614.00	+0.039%	$74K	$1.6M	10x
Injective AMD/USDC PERP	−0.0220%	1h	548.57	−10.621%	$2K	$58K	12x	as long as short
Aster AMDUSDT	0.0000%	8h	614.34	+0.094%	$70K	$414K	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	614.05	+0.047%	$10.3M	$16.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	613.93	+0.028%	$1K	$6.7M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	613.49	−0.044%	$67K	$145K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	614.13	+0.060%	$90K	$688K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	614.10	+0.055%	$1.7M	$465K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.50	−0.042%	$785K	$4.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.84	+0.176%	—	$923K	25x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	613.48	−0.046%	$21.4M	$95.6M	10x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	613.76	long leg	$395K	$1.5M	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	612.93	−0.135%	$1.4M	$5.3M	10x	as long as short
Gate AMD_USDT	+0.0064%	8h	614.13	+0.060%	$4.7M	$14.8M	50x	as long as short
QFEX AMD-USD	+0.0077%	1h	613.73	−0.005%	$2.0M	$11.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	613.74	−0.003%	$1.9M	$449K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	614.24	+0.078%	$80K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.80	+0.007%	$367	$2K	10x	as long as short
Lighter AMD	+0.0104%	1h	613.68	−0.013%	$512K	$2.3M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0125%	8h	613.86	+0.016%	$6.9M	$30.0M	25x	as long as short
Phoenix AMD	+0.0130%	1h	614.07	+0.051%	$2K	$74K	10x	as long as short
SoDEX AMD-USD	+0.0146%	1h	613.72	−0.007%	$25K	$19K	10x	as long as short
Nado AMD-PERP	+0.0152%	1h	613.65	−0.018%	$252K	$243K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	613.89	+0.021%	$11K	—	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0184%	1h	614.08	+0.052%	$300K	$1.7M	10x	as long as short
Variational Omni AMD	+0.0238%	8h	614.53	+0.126%	$1.9M	$3.9M	—	as long as short
BloFin AMD-USDT	+0.0303%	8h	614.73	+0.158%	$7K	$565K	20x	as long as short
Binance AMDUSDT	+0.0327%	8h	613.97	+0.034%	$73.0M	$195.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0328%	1h	613.82	+0.009%	$462K	$3.4M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0428%	8h	613.36	−0.065%	$20K	$204K	10x	as long as short
Arcus AMD-USD	+0.0592%	1h	613.66	−0.016%	$123K	$218K	10x	as long as short