Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h +0.003%

Price spread now: OKX against Polymarket Perps+0.024%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$280.282% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days+0.147%+$15 · spread now +0.024%, 7d avg +0.070%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.070%). If the spread goes back, that is −$5 on $10k: about 4.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	613.06	0.0050	pay 0.0006% / 1h	16m 17s	$395K	$1.6M	10x
Short	OKX AMD-USDT-SWAP	613.21	0.0086	get 0.0086% / 8h	1h 16m	$6.6M	$29.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $7.58
Price spread: +0.024% → +0.070%: −$4.57
Slippage, 4 orders: −$10.17
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$25.16
Costs to cover: 0.282%
Break-even: 30.2 days

Slippage from Polymarket Perps: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	2.20 bp	6.2 bp −$6	6.3 bp −$63	8.5 bp −$850	doesn't fit
Sell OKX live order book, 2 min ago	0.57 bp	8.1 bp −$8	12.6 bp −$126	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	−0.0786%	4h	613.25	+0.030%	$72K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0383%	8h	613.72	+0.108%	$10.3M	$17.4M	20x	as long as short
Aster AMDUSDT	0.0000%	8h	613.58	+0.085%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	613.64	+0.095%	$4.5M	$14.5M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.75	+0.113%	$2K	$8.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.22	+0.026%	$102K	$640K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.51	+0.073%	$1.7M	$464K	10x	as long as short
Lighter AMD	+0.0032%	1h	613.07	+0.002%	$521K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	612.80	−0.042%	$811K	$4.7M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	613.34	+0.046%	$134K	$280K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0046%	1h	613.92	+0.140%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.83	−0.038%	$22.6M	$95.7M	10x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	613.06	long leg	$395K	$1.6M	10x
Ondo Perps AMD-USD.P	+0.0050%	1h	612.70	−0.059%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0067%	1h	613.30	+0.039%	$2.1M	$11.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.12	−10.103%	$2K	$59K	12x	as long as short
OKX AMD-USDT-SWAPshort	+0.0086%	8h	613.21	+0.024%	$6.6M	$29.5M	25x
KuCoin AMDUSDTM	+0.0100%	8h	612.78	−0.046%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	613.14	+0.013%	$79K	$255K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.14	+0.013%	$367	$6K	10x	as long as short
Nado AMD-PERP	+0.0114%	1h	612.75	−0.050%	$255K	$241K	10x	as long as short
SoDEX AMD-USD	+0.0119%	1h	613.21	+0.024%	$25K	$24K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	612.56	−0.082%	$312K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	612.59	−0.077%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	613.51	+0.074%	$11K	—	10x	as long as short
GRVT AMD_USDT_Perp	+0.0169%	8h	613.29	+0.037%	$19K	$177K	10x	as long as short
Variational Omni AMD	+0.0213%	8h	613.46	+0.065%	$2.0M	$3.8M	—	as long as short
BloFin AMD-USDT	+0.0303%	8h	613.82	+0.124%	$6K	$553K	20x	as long as short
Extended AMD_24_5-USD	+0.0304%	1h	613.22	+0.025%	$458K	$3.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0305%	1h	612.93	−0.021%	$76K	$151K	10x	as long as short
Binance AMDUSDT	+0.0308%	8h	613.34	+0.046%	$72.0M	$204.6M	25x	as long as short