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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h −0.085%
Price spread now: Deribit against Arcus−0.084%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.067%−$7 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.084%, 7d avg +0.008%
Together, before fees−0.015%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.092% cheaper against Arcus than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMD-USD622.420.0040pay 0.0005% / 1h20m 35s$145K$263K10x
ShortDeribit AMD_USDC-PERPETUAL621.900get 0.0000% / 1h20m 35s$77K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$8.46
Price spread: −0.084% → +0.008%
−$9.2
Slippage, 4 orders
−$23.66
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$52.81
Costs to cover
0.352%
Break-even
never at this rate
Slippage from Arcus: live order book, 38 min ago; Deribit: live order book, 38 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 Deribit live order book, 38 min ago4.18 bp9.8 bp −$1012.7 bp −$127doesn'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
Gate AMD_USDT0.0000%8h622.87+0.072%$4.5M$13.5M50xas long as short
Bitget AMDUSDT0.0000%8h622.81+0.063%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h622.60+0.029%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUALshort0.0000%1h621.90−0.084%$77K$151K10x
HTX AMD-USDT0.0000%8h622.31−0.018%$121K$614K20xas long as short
Phemex AMDUSDT0.0000%8h621.71−0.114%$1.8M$458K10xas long as short
Lighter AMD+0.0032%1h622.64+0.035%$555K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h622.55+0.021%$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%1h622.24−0.029%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.24−0.029%$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%8h622.61+0.031%$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%8h622.35−0.011%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h621.88−0.087%$317K$1.8M10xas long as short
Phoenix AMD+0.0206%1h622.24−0.029%$2K$90K10xas long as short
Aevo AMD-PERP+0.0240%1h622.64+0.036%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0244%8h622.80+0.061%$6.9M$28.2M25xas long as short
Aster AMDUSDT+0.0278%8h622.69+0.043%$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
Binance AMDUSDT+0.0634%8h622.91+0.078%$73.0M$194.7M25xas long as short
Extended AMD_24_5-USD+0.0640%1h622.83+0.066%$463K$1.9M10xas long as short
BloFin AMD-USDT+0.0651%8h622.48+0.010%$7K$550K20xas long as short