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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.016%
Price spread now: ApeX Omni against QFEX−0.125%56s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.125%, 7d avg −0.001%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.125% cheaper against QFEX than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.001%). If the spread goes back, that is −$12 on $10k: about 21 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.132% in total) that is about 3.3 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AMD-USD621.580.0080pay 0.0010% / 1h39m 37s$2.2M$12.5M10x
ShortApeX Omni AMDUSDT620.800.0100get 0.0013% / 1h39m 37s$80K$258K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$4.2
Price spread: −0.125% → −0.001%
−$12.47
Slippage, 4 orders
−$13.16
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.42
Costs to cover
0.332%
Break-even
76.0 days
Slippage from QFEX: live order book, 4 min ago; ApeX Omni: live order book, 27 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 QFEX live order book, 4 min ago1.37 bp6.4 bp −$66.6 bp −$6613.8 bp −$1,381doesn't fit
Sell ApeX Omni live order book, 27 min ago5.21 bp10.2 bp −$1010.3 bp −$103doesn'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−0.0467%4h621.92+0.054%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.45−0.021%$1K$8.4M10xas long as short
Phemex AMDUSDT0.0000%8h620.91−0.108%$1.8M$460K10xas long as short
HTX AMD-USDT+0.0009%8h621.66+0.013%$132K$578K20xas long as short
Lighter RH AMD+0.0032%1h620.82−0.122%$827K$4.4M10xas long as short
Gate AMD_USDT+0.0033%8h621.44−0.023%$4.5M$13.2M50xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.586%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.67+0.014%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.06−0.084%$396K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.37−0.034%$25K$24K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h620.78−0.129%$1.5M$4.2M10xas long as short
Lighter AMD+0.0056%1h620.75−0.134%$535K$2.4M10xas long as short
Vest AMD-USD-PERP+0.0061%1h622.53+0.153%$924K25xas long as short
QFEX AMD-USDlong+0.0080%1h621.58long leg$2.2M$12.5M10x
tradeXYZ xyz:AMD+0.0089%1h620.62−0.154%$25.0M$93.3M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.93−0.105%$1.9M$290K20xas long as short
ApeX Omni AMDUSDTshort+0.0100%1h620.80−0.125%$80K$258K50x
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.38−0.032%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h620.87−0.114%$299K$1.8M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0185%1h620.95−0.101%$77K$151K10xas long as short
Phoenix AMD+0.0244%1h621.34−0.039%$2K$90K10xas long as short
Aevo AMD-PERP+0.0272%1h621.66+0.014%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0272%8h620.88−0.113%$6.8M$28.1M25xas long as short
Nado AMD-PERP+0.0313%1h620.77−0.131%$268K$202K10xas long as short
Aster AMDUSDT+0.0401%8h621.29−0.046%$72K$416K50xas long as short
Bitget AMDUSDT+0.0534%8h621.29−0.047%$10.3M$17.3M20xas long as short
Variational Omni AMD+0.0720%8h621.77+0.030%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0767%8h621.15−0.069%$75.4M$190.5M25xas long as short
Extended AMD_24_5-USD+0.0768%1h621.18−0.065%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0779%8h622.73+0.185%$7K$551K20xas long as short
GRVT AMD_USDT_Perp+0.0968%8h622.31+0.118%$17K$131K10xas long as short