Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.087%

Price spread now: edgeX against QFEX+0.082%7-day average +0.012% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on QFEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.070%−$7 on $10k

Price spread, last 7 days−0.071%−$7 · spread now +0.082%, 7d avg +0.012%

Together, before fees−0.141%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.069% dearer against QFEX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.012%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 4 days (−0.070% in total) that is about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AMD-USD	622.03	0.0080	pay 0.0010% / 1h	38m 38s	$2.1M	$11.6M	10x
Short	edgeX AMDUSDC	622.54	−0.0080	pay 0.0040% / 4h	38m 38s	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$33.45
Price spread: +0.082% → +0.012%: $6.94
Slippage, 4 orders: −$16.67
Fee QFEX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$62.18
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from QFEX: live order book, 10 min ago; edgeX: live order book, 5 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, 10 min ago	1.69 bp	6.7 bp −$7	7.3 bp −$73	12.7 bp −$1,269	doesn't fit
Sell edgeX live order book, 5 min ago	5.46 bp	11.5 bp −$12	31.1 bp −$311	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 AMDUSDCshort	−0.0080%	4h	622.54	+0.082%	$81K	$1.6M	10x
Gate AMD_USDT	0.0000%	8h	622.32	+0.047%	$4.5M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	622.19	+0.026%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.66	−0.059%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.10	+0.011%	$121K	$609K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.60	−0.069%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.98	−0.008%	$556K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.99	−0.006%	$853K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.657%	$5K	$55K	12x	as long as short
Bitget AMDUSDT	+0.0039%	8h	622.24	+0.034%	$10.3M	$17.1M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.25	+0.035%	$144K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	621.90	−0.021%	$24.3M	$94.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.83	−0.032%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.03	0.000%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.63	−0.064%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0058%	1h	623.57	+0.248%	—	$923K	25x	as long as short
QFEX AMD-USDlong	+0.0080%	1h	622.03	long leg	$2.1M	$11.6M	10x
Nado AMD-PERP	+0.0096%	1h	621.67	−0.058%	$269K	$223K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.88	−0.024%	$1.9M	$282K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.05	+0.003%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.04	+0.002%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.02	−0.002%	$310K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.07	+0.006%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0256%	1h	622.43	+0.065%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0267%	8h	622.08	+0.008%	$6.9M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0325%	8h	621.85	−0.029%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0478%	8h	622.37	+0.054%	$17K	$144K	10x	as long as short
Variational Omni AMD	+0.0640%	8h	622.35	+0.051%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0694%	8h	622.17	+0.023%	$74.2M	$193.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0696%	1h	622.02	−0.002%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0701%	8h	622.25	+0.035%	$7K	$550K	20x	as long as short