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+0.0747%/8h= +81.8% APRpaid last 24h +0.099%
Price spread now: BloFin against tradeXYZ+0.061%88s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.061%, 7d avg +0.082%
Together, before fees+0.015%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.061% now, against its 7-day average of +0.082%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.093% in total) that is about 38 hours. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AMD623.210.0050pay 0.0006% / 1h59m 41s$25.2M$93.2M10x
ShortBloFin AMD-USDT623.590.0797get 0.0797% / 8h6h 59m$6K$551K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
$156.86
Price spread: +0.061% → +0.082%
−$2.09
Slippage, 4 orders
−$8.67
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
$116.1
Costs to cover
0.387%
Break-even
1.8 days
Slippage from tradeXYZ: live order book, 10 min ago; BloFin: live order book, 6 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 tradeXYZ live order book, 10 min ago1.20 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.16 bp9.2 bp −$914.4 bp −$144doesn'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−0.0174%4h623.59+0.061%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h624.14+0.149%$1K$8.5M10xas long as short
Phemex AMDUSDT0.0000%8h623.25+0.006%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h623.39+0.029%$851K$4.3M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.844%$5K$55K12xas long as short
tradeXYZ xyz:AMDlong+0.0050%1h623.21long leg$25.2M$93.2M10x
Ondo Perps AMD-USD.P+0.0050%1h622.92−0.047%$1.5M$4.3M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0055%1h623.33+0.019%$78K$151K10xas long as short
Vest AMD-USD-PERP+0.0062%1h625.07+0.298%$925K25xas long as short
QFEX AMD-USD+0.0080%1h623.89+0.109%$2.2M$12.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMDUSDTM+0.0100%8h623.88+0.108%$1.9M$294K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h623.86+0.104%$373$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0112%1h623.02−0.030%$300K$1.8M10xas long as short
Lighter AMD+0.0160%1h623.45+0.039%$545K$2.3M10xas long as short
Gate AMD_USDT+0.0209%8h623.62+0.066%$4.5M$13.1M50xas long as short
Polymarket Perps AMD-USD+0.0209%1h623.48+0.043%$397K$1.5M10xas long as short
Phoenix AMD+0.0219%1h623.48+0.043%$2K$92K10xas long as short
Aevo AMD-PERP+0.0280%1h624.12+0.146%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0287%8h623.51+0.048%$6.9M$28.2M25xas long as short
SoDEX AMD-USD+0.0318%1h623.69+0.077%$26K$24K10xas long as short
ApeX Omni AMDUSDT+0.0403%1h623.43+0.035%$80K$258K50xas long as short
Nado AMD-PERP+0.0411%1h623.24+0.005%$318K$175K10xas long as short
Aster AMDUSDT+0.0434%8h623.53+0.052%$72K$416K50xas long as short
HTX AMD-USDT+0.0543%8h623.74+0.085%$132K$580K20xas long as short
Bitget AMDUSDT+0.0708%8h623.83+0.099%$10.4M$17.3M20xas long as short
Variational Omni AMD+0.0750%8h623.66+0.072%$2.6M$3.2Mas long as short
Arcus AMD-USD+0.0782%1h623.77+0.090%$145K$264K10xas long as short
BloFin AMD-USDTshort+0.0797%8h623.59+0.061%$6K$551K20x
Binance AMDUSDT+0.0799%8h623.77+0.090%$75.9M$190.4M25xas long as short
Extended AMD_24_5-USD+0.0800%1h623.62+0.065%$463K$1.9M10xas long as short
GRVT AMD_USDT_Perp+0.1541%8h624.14+0.149%$18K$131K10xas long as short