Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Coinbase International against QFEX−0.169%7-day average −0.116% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on QFEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.025%+$2 on $10k

Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.169%, 7d avg −0.116%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.053% cheaper against QFEX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.116%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AMD-USD	620.68	0.0080	pay 0.0010% / 1h	45m 04s	$2.3M	$13.4M	10x
Short	Coinbase International AMD-PERP-INTX	619.63	0.0080	get 0.0010% / 1h	45m 04s	$312K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee QFEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → −0.116%: −$5.3
Slippage, 4 orders: −$12.96
Fee QFEX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$38.25
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from QFEX: live order book, 4 min ago; Coinbase International: 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 QFEX live order book, 4 min ago	1.69 bp	6.7 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.58 bp	7.9 bp −$8	11.2 bp −$112	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	−0.0163%	4h	620.73	+0.009%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.62	−0.010%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.70	+0.003%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.31	−0.060%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.43	−0.040%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.03	−0.105%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.444%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.45	+0.124%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.70	−0.158%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0054%	1h	620.24	−0.071%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USDlong	+0.0080%	1h	620.68	long leg	$2.3M	$13.4M	10x
Coinbase International AMD-PERP-INTXshort	+0.0080%	1h	619.63	−0.169%	$312K	$1.8M	10x
KuCoin AMDUSDTM	+0.0100%	8h	620.22	−0.074%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.34	−0.055%	$378	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0122%	8h	620.27	−0.066%	$6.8M	$28.6M	25x	as long as short
tradeXYZ xyz:AMD	+0.0137%	1h	619.88	−0.129%	$24.8M	$94.8M	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.31	−0.060%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.81	+0.021%	$11K	—	10x	as long as short
Lighter AMD	+0.0216%	1h	620.04	−0.103%	$525K	$2.5M	10x	as long as short
Aster AMDUSDT	+0.0220%	8h	620.78	+0.015%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0238%	1h	620.31	−0.060%	$25K	$24K	10x	as long as short
ApeX Omni AMDUSDT	+0.0284%	1h	620.67	−0.002%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0489%	8h	620.84	+0.026%	$18K	$134K	10x	as long as short
Variational Omni AMD	+0.0503%	8h	620.85	+0.027%	$2.7M	$3.2M	—	as long as short
Nado AMD-PERP	+0.0532%	1h	619.87	−0.131%	$318K	$167K	10x	as long as short
BloFin AMD-USDT	+0.0542%	8h	620.49	−0.031%	$6K	$545K	20x	as long as short
Bitget AMDUSDT	+0.0545%	8h	620.25	−0.069%	$10.1M	$18.1M	20x	as long as short
Binance AMDUSDT	+0.0552%	8h	620.38	−0.048%	$75.6M	$192.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.37	−0.050%	$464K	$1.5M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0605%	1h	620.34	−0.055%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.45	−0.037%	$145K	$265K	10x	as long as short