Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.016%

Price spread now: Orderly against Polymarket Perps+0.029%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Orderly

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—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.029% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	616.55	0.0050	pay 0.0006% / 1h	48m 39s	$406K	$1.6M	10x
Short	Orderly PERP_AMD_USDC_mythos	616.73	0.0100	get 0.0100% / 8h	1h 48m	$376	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.029%Rate

Funding earned: $10.5
Price spread: +0.029% → 0.000%: $2.92
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$0.58
Costs to cover: 0.140%
Break-even: 7.4 days

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Orderly: no order-book sample. 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 Polymarket Perps live order book, 5 min ago	1.46 bp	5.5 bp −$5	5.7 bp −$57	8.4 bp −$835	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.0456%	4h	617.00	+0.072%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	616.88	+0.054%	$4.3M	$13.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	617.06	+0.083%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.61	+0.010%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.91	+0.058%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0005%	8h	616.48	−0.011%	$6.8M	$28.5M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	616.38	−0.028%	$826K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.783%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.38	+0.135%	—	$949K	25x	as long as short
Polymarket Perps AMD-USDlong	+0.0050%	1h	616.55	long leg	$406K	$1.6M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	615.97	−0.094%	$1.4M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.41	−0.023%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.94	+0.063%	$2.3M	$13.2M	10x	as long as short
Aster AMDUSDT	+0.0085%	8h	616.93	+0.062%	$71K	$414K	50x	as long as short
tradeXYZ xyz:AMD	+0.0092%	1h	616.26	−0.047%	$24.9M	$95.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.30	−0.041%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.89	+0.055%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	616.73	+0.029%	$376	$6K	10x
Phoenix AMD	+0.0169%	1h	616.50	−0.008%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	617.10	+0.089%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0210%	1h	616.79	+0.039%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0216%	1h	616.52	−0.005%	$539K	$2.6M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0360%	8h	616.98	+0.070%	$18K	$140K	10x	as long as short
Variational Omni AMD	+0.0374%	8h	617.01	+0.075%	$2.7M	$3.1M	—	as long as short
BloFin AMD-USDT	+0.0407%	8h	617.04	+0.079%	$6K	$541K	20x	as long as short
Extended AMD_24_5-USD	+0.0432%	1h	616.96	+0.066%	$456K	$1.5M	10x	as long as short
Nado AMD-PERP	+0.0433%	1h	616.00	−0.090%	$314K	$166K	10x	as long as short
Binance AMDUSDT	+0.0434%	8h	616.80	+0.041%	$74.9M	$192.9M	25x	as long as short
Bitget AMDUSDT	+0.0481%	8h	616.80	+0.041%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	616.71	+0.026%	$142K	$282K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0854%	1h	616.67	+0.019%	$77K	$163K	10x	as long as short