Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.130%
Price spread now: Coinbase International against Arcus−0.019%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.161%−$16 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.019%, 7d avg −0.078%
Together, before fees−0.238%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.059% dearer against Arcus than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.078%. Mind the row above: over the last 4 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMD-USD622.420.0040pay 0.0005% / 1h20m 12s$145K$263K10x
ShortCoinbase International AMD-PERP-INTX622.300.0120get 0.0015% / 1h20m 12s$316K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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
$16.74
Price spread: −0.019% → −0.078%
$5.92
Slippage, 4 orders
−$19.48
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$11.31
Costs to cover
0.340%
Break-even
11.7 days
Slippage from Arcus: live order book, 38 min ago; Coinbase International: live order book, 3 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 Arcus live order book, 38 min ago2.57 bp8.1 bp −$810.9 bp −$109doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.13 bp8.1 bp −$812.3 bp −$123doesn'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−0.0703%4h622.30−0.019%$79K$1.6M10xas long as short
Deribit AMD_USDC-PERPETUAL−0.0007%1h622.37−0.008%$77K$151K10xas long as short
Gate AMD_USDT0.0000%8h622.90+0.077%$4.5M$13.5M50xas long as short
Bitget AMDUSDT0.0000%8h622.91+0.079%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h622.78+0.058%$1K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h622.58+0.026%$121K$614K20xas long as short
Phemex AMDUSDT0.0000%8h622.15−0.043%$1.8M$458K10xas long as short
Lighter AMD+0.0032%1h622.60+0.029%$555K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h622.78+0.058%$841K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.719%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USDlong+0.0040%1h622.42long leg$145K$263K10x
tradeXYZ xyz:AMD+0.0050%1h622.50+0.013%$23.7M$94.4M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h622.52+0.016%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.66+0.039%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.80−0.100%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0061%1h624.20+0.286%$923K25xas long as short
Nado AMD-PERP+0.0078%1h622.61+0.031%$269K$226K10xas long as short
QFEX AMD-USD+0.0080%1h622.69+0.043%$2.1M$11.7M10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.65+0.037%$1.9M$289K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.97−0.072%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.70+0.045%$372$6K10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0120%1h622.30−0.019%$316K$1.9M10x
Phoenix AMD+0.0206%1h622.24−0.029%$2K$90K10xas long as short
Aevo AMD-PERP+0.0240%1h622.95+0.084%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0244%8h622.88+0.074%$6.9M$28.2M25xas long as short
Aster AMDUSDT+0.0278%8h622.76+0.054%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0370%8h622.420.000%$18K$146K10xas long as short
Variational Omni AMD+0.0570%8h622.48+0.010%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0632%1h622.68+0.042%$463K$1.9M10xas long as short
Binance AMDUSDT+0.0634%8h622.93+0.082%$73.0M$194.7M25xas long as short
BloFin AMD-USDT+0.0651%8h622.48+0.010%$7K$550K20xas long as short