Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.072%

Price spread now: Binance against Aevo−0.099%48s7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.099% cheaper against Aevo than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 27 hours of funding at the current rate (+$9 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AMD-PERP	620.01	0.0208	pay 0.0026% / 1h	17m 35s	$11K	—	10x
Short	Binance AMDUSDT	619.40	0.0502	get 0.0502% / 8h	1h 17m	$75.5M	$193.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now −0.099%Rate

Funding earned: $61.75
Price spread: −0.099% → 0.000%: −$9.89
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: $25.87
Costs to cover: 0.260%
Break-even: 4.1 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 11 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	0.24 bp	7.7 bp −$8	13.2 bp −$132	51.2 bp −$5,124	doesn't fit

Aevo: 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 AMDUSDC	−0.0764%	4h	619.84	−0.027%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.43	−0.093%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.69	−0.051%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.33	−0.109%	$132K	$582K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.67	−0.055%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.10	−0.146%	$833K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.337%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.11	+0.016%	—	$950K	25x	as long as short
OKX AMD-USDT-SWAP	+0.0049%	8h	619.19	−0.132%	$6.8M	$28.7M	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.34	−0.108%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	618.73	−0.206%	$1.5M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.185%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.33	−0.109%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0087%	1h	618.92	−0.176%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.18	−0.134%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.50	−0.082%	$378	$6K	10x	as long as short
Aster AMDUSDT	+0.0166%	8h	618.80	−0.195%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	619.05	−0.155%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	619.08	−0.150%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERPlong	+0.0208%	1h	620.01	long leg	$11K	—	10x
ApeX Omni AMDUSDT	+0.0256%	1h	619.93	−0.013%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0280%	1h	619.48	−0.085%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0410%	1h	618.51	−0.242%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0446%	8h	619.70	−0.049%	$17K	$138K	10x	as long as short
Variational Omni AMD	+0.0448%	8h	619.87	−0.023%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0497%	8h	619.81	−0.032%	$6K	$543K	20x	as long as short
Binance AMDUSDTshort	+0.0502%	8h	619.40	−0.099%	$75.5M	$193.2M	25x
Extended AMD_24_5-USD	+0.0504%	1h	619.32	−0.111%	$458K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0514%	8h	619.31	−0.113%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0606%	1h	619.37	−0.103%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.15	−0.138%	$144K	$267K	10x	as long as short