Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.003%

Price spread now: OKX against tradeXYZ+0.049%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on tradeXYZ Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.049%, 7d avg +0.050%

Together, before fees−0.102%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMD	611.35	0.0050	pay 0.0006% / 1h	37m 39s	$22.7M	$95.3M	10x
Short	OKX AMD-USDT-SWAP	611.65	0.0090	get 0.0090% / 8h	1h 37m	$6.6M	$29.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee OKXbpOrdersPrice spread, now +0.049%Rate

Funding earned: $8.34
Price spread: +0.049% → +0.050%: −$0.07
Slippage, 4 orders: −$9.36
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.09
Costs to cover: 0.374%
Break-even: 31.4 days

Slippage from tradeXYZ: live order book, 12 min ago; OKX: live order book, 1 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 tradeXYZ live order book, 12 min ago	1.06 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.08 bp	6.7 bp −$7	12.9 bp −$129	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
Bitget AMDUSDT	−0.0410%	8h	612.09	+0.121%	$10.3M	$17.4M	20x	as long as short
edgeX AMDUSDC	−0.0393%	4h	611.65	+0.049%	$72K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	611.84	+0.080%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	611.57	+0.036%	$4.4M	$14.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.54	+0.031%	$1K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	611.06	−0.047%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.52	+0.028%	$103K	$641K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	610.92	−0.070%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	611.57	+0.036%	$521K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	611.57	+0.036%	$812K	$4.7M	10x	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	611.44	+0.015%	$135K	$276K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	612.19	+0.137%	—	$925K	25x	as long as short
tradeXYZ xyz:AMDlong	+0.0050%	1h	611.35	long leg	$22.7M	$95.3M	10x
Polymarket Perps AMD-USD	+0.0050%	1h	611.14	−0.034%	$394K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	611.29	−0.010%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	610.81	−0.088%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0067%	1h	611.60	+0.041%	$2.1M	$11.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.80	−9.741%	$2K	$59K	12x	as long as short
Nado AMD-PERP	+0.0076%	1h	611.05	−0.049%	$254K	$241K	10x	as long as short
OKX AMD-USDT-SWAPshort	+0.0090%	8h	611.65	+0.049%	$6.6M	$29.0M	25x
KuCoin AMDUSDTM	+0.0100%	8h	611.43	+0.013%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.15	−0.033%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.22	−0.021%	$366	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	611.26	−0.015%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	611.42	+0.011%	$2K	$90K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0148%	8h	611.67	+0.052%	$20K	$174K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	611.57	+0.036%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0223%	8h	611.44	+0.014%	$2.3M	$3.5M	—	as long as short
Binance AMDUSDT	+0.0307%	8h	611.79	+0.072%	$71.8M	$203.8M	25x	as long as short
BloFin AMD-USDT	+0.0312%	8h	611.64	+0.047%	$6K	$549K	20x	as long as short
Extended AMD_24_5-USD	+0.0312%	1h	611.56	+0.034%	$458K	$3.1M	10x	as long as short