Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0444%/8h= −48.6% APRpaid last 24h −0.087%

Price spread now: edgeX against Vest+0.115%63s7-day average −0.286% · you sell dearer than you buy

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

Long on Vest Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.066%−$7 on $10k

Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.115%, 7d avg −0.286%

Together, before fees−0.239%+ Points / potential airdropVest: Active · edgeX: Active · farm board−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.400% dearer against Vest than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of −0.286%): +$40 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 3 days (−0.066% in total) that is about 20 days. The two prices were read 63 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 3 days it paid -0.066% in total (about -7.5% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest AMD-USD-PERP	623.52	0.0054	pay 0.0007% / 1h	24m 29s	—	$925K	25x
Short	edgeX AMDUSDC	624.24	−0.0390	pay 0.0195% / 4h	3h 24m	$82K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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 VestbpFee edgeXbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$93.23
Price spread: +0.115% → −0.286%: $40.05
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$64.19
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 4 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 Vest no order-book sample	—	—	—	—	—
Sell edgeX live order book, 4 min ago	10.18 bp	23.1 bp −$23	44.4 bp −$444	doesn't fit	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0390%	4h	624.24	+0.115%	$82K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	623.31	−0.034%	$1K	$8.6M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.77	−0.120%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.94	−0.253%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.892%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.30	−0.196%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERPlong	+0.0054%	1h	623.52	long leg	—	$925K	25x
QFEX AMD-USD	+0.0080%	1h	622.60	−0.148%	$2.3M	$13.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.67	−0.136%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.31	−0.034%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	−0.077%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0184%	1h	622.06	−0.234%	$545K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.13	−0.063%	$2K	$92K	10x	as long as short
Gate AMD_USDT	+0.0251%	8h	622.56	−0.154%	$4.5M	$13.5M	50x	as long as short
Aevo AMD-PERP	+0.0256%	1h	623.58	+0.009%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0258%	8h	622.35	−0.188%	$6.9M	$28.2M	25x	as long as short
Polymarket Perps AMD-USD	+0.0313%	1h	622.91	−0.098%	$397K	$1.5M	10x	as long as short
tradeXYZ xyz:AMD	+0.0319%	1h	621.91	−0.258%	$25.1M	$92.9M	10x	as long as short
Aster AMDUSDT	+0.0349%	8h	622.03	−0.238%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0371%	1h	622.91	−0.098%	$26K	$24K	10x	as long as short
Nado AMD-PERP	+0.0442%	1h	621.81	−0.274%	$318K	$172K	10x	as long as short
HTX AMD-USDT	+0.0560%	8h	623.09	−0.069%	$132K	$579K	20x	as long as short
ApeX Omni AMDUSDT	+0.0561%	1h	624.17	+0.104%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0570%	1h	622.70	−0.132%	$78K	$151K	10x	as long as short
Variational Omni AMD	+0.0654%	8h	623.70	+0.028%	$2.6M	$3.2M	—	as long as short
Extended AMD_24_5-USD	+0.0704%	1h	622.41	−0.178%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0704%	8h	622.55	−0.156%	$75.9M	$190.7M	25x	as long as short
BloFin AMD-USDT	+0.0727%	8h	623.39	−0.021%	$6K	$550K	20x	as long as short
Bitget AMDUSDT	+0.0734%	8h	622.96	−0.090%	$10.3M	$17.5M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.34	−0.029%	$145K	$264K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1501%	8h	624.33	+0.130%	$18K	$131K	10x	as long as short