Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0056%/8h= +6.2% APRpaid last 24h +0.005%

Price spread now: Extended against Variational Omni−0.085%7-day average −0.017% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.016%+$2 on $10k

Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.085%, 7d avg −0.017%

Together, before fees+0.225%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.069% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.017%). If the spread goes back, that is −$7 on $10k: about 4.1 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.016% in total) that is about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMD	619.87	0.0448	pay 0.0448% / 8h	1h 16m	$2.7M	$3.2M	—
Short	Extended AMD_24_5-USD	619.34	0.0504	get 0.0063% / 1h	16m 13s	$458K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee ExtendedbpOrdersPrice spread, now −0.085%Rate

Funding earned: $11.85
Price spread: −0.085% → −0.017%: −$6.87
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$0.02
Costs to cover: 0.050%
Break-even: 7.0 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: live order book, 2 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	2.48 bp	doesn't fit	33.5 bp −$335	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	1.05 bp	7.3 bp −$7	62.7 bp −$627	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	−0.0764%	4h	619.84	−0.004%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.41	−0.074%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.49	−0.061%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.15	−0.116%	$132K	$582K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.41	−0.074%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	618.76	−0.179%	$832K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.314%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.12	+0.041%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.01	−0.138%	$394K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.35	−0.245%	$1.5M	$4.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0052%	8h	619.30	−0.092%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.163%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.29	−0.093%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0088%	1h	618.80	−0.172%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.02	−0.137%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.21	−0.106%	$378	$6K	10x	as long as short
Aster AMDUSDT	+0.0167%	8h	618.60	−0.205%	$71K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	618.98	−0.143%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	618.90	−0.156%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERP	+0.0208%	1h	619.66	−0.034%	$11K	—	10x	as long as short
ApeX Omni AMDUSDT	+0.0256%	1h	619.93	+0.010%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0262%	1h	619.32	−0.088%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0410%	1h	618.53	−0.215%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0446%	8h	619.70	−0.026%	$17K	$138K	10x	as long as short
Variational Omni AMDlong	+0.0448%	8h	619.87	long leg	$2.7M	$3.2M	—
BloFin AMD-USDT	+0.0502%	8h	619.44	−0.069%	$6K	$543K	20x	as long as short
Binance AMDUSDT	+0.0502%	8h	619.40	−0.075%	$75.5M	$193.2M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0504%	1h	619.34	−0.085%	$458K	$1.5M	10x
Bitget AMDUSDT	+0.0514%	8h	619.33	−0.087%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0688%	1h	619.05	−0.132%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.19	−0.109%	$144K	$267K	10x	as long as short