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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0461%/8h= +50.5% APRnext payment +$4.61 per $10,000 · paid last 24h +0.068%
Price spread now: Bitget against SunX−0.034%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2822.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.034%, 7d avg −0.004%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.030% cheaper against SunX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.145% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AMD-USDT617.050get 0.0000% / 8h2h 10m$1K$9.1M10x
ShortBitget AMDUSDT616.840.0461get 0.0461% / 8h2h 10m$10.1M$18.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
$96.81
Price spread: −0.034% → −0.004%
−$3.03
Slippage, 4 orders
−$261.64
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$187.85
Costs to cover
2.816%
Break-even
20.6 days
Slippage from SunX: live order book, 8 min ago; Bitget: live order book, 8 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 SunX live order book, 8 min ago44.70 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 8 min ago1.70 bp12.5 bp −$1225.1 bp −$25149.0 bp −$4,902doesn'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−0.0595%4h616.38−0.108%$81K$1.6M10xas long as short
OKX AMD-USDT-SWAP0.0000%8h616.65−0.065%$6.8M$28.5M25xas long as short
Gate AMD_USDT0.0000%8h616.77−0.045%$4.3M$13.4M50xas long as short
SunX AMD-USDTlong0.0000%8h617.05long leg$1K$9.1M10x
HTX AMD-USDT0.0000%8h616.67−0.062%$127K$578K20xas long as short
Phemex AMDUSDT0.0000%8h616.48−0.092%$1.7M$457K10xas long as short
Lighter RH AMD+0.0032%1h616.57−0.078%$871K$4.8M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.864%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h617.61+0.091%$948K25xas long as short
Lighter AMD+0.0048%1h616.53−0.084%$576K$2.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:AMD+0.0050%1h616.34−0.115%$24.9M$95.7M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h616.61−0.071%$406K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h616.72−0.053%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h615.71−0.217%$1.4M$4.8M10xas long as short
QFEX AMD-USD+0.0080%1h616.89−0.026%$2.3M$13.1M10xas long as short
Aster AMDUSDT+0.0082%8h616.93−0.019%$71K$414K50xas long as short
KuCoin AMDUSDTM+0.0100%8h616.37−0.110%$1.9M$324K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h616.01−0.169%$79K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h616.80−0.041%$376$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h616.26−0.128%$311K$1.8M10xas long as short
Phoenix AMD+0.0156%1h616.05−0.162%$2K$94K10xas long as short
Aevo AMD-PERP+0.0184%1h617.21+0.025%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0285%1h616.74−0.050%$77K$163K10xas long as short
Nado AMD-PERP+0.0289%1h616.65−0.065%$314K$166K10xas long as short
GRVT AMD_USDT_Perp+0.0356%8h616.44−0.099%$17K$142K10xas long as short
Variational Omni AMD+0.0374%8h616.34−0.116%$2.7M$3.1Mas long as short
Extended AMD_24_5-USD+0.0424%1h616.80−0.040%$456K$1.5M10xas long as short
Binance AMDUSDT+0.0424%8h616.87−0.029%$75.0M$193.0M25xas long as short
BloFin AMD-USDT+0.0438%8h616.88−0.028%$6K$541K20xas long as short
Bitget AMDUSDTshort+0.0461%8h616.84−0.034%$10.1M$18.2M20x
Arcus AMD-USD+0.1053%1h616.88−0.028%$142K$282K10xas long as short