Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0682%/8h= +74.7% APRpaid last 24h −0.053%

Price spread now: Variational Omni against Arcus+0.046%7-day average +0.042% · you sell dearer than you buy

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

Long on Arcus Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.046%, 7d avg +0.042%

Together, before fees−0.067%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.055% in total (about -5.9% 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	Arcus AMD-USD	620.62	0.0040	pay 0.0005% / 1h	3m 57s	$144K	$263K	10x
Short	Variational Omni AMD	620.91	0.0723	get 0.0723% / 8h	6h 03m	$2.6M	$3.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee ArcusbpFee Variational OmnibpOrdersPrice spread, now +0.046%Rate

Funding earned: $143.32
Price spread: +0.046% → +0.042%: $0.37
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $139.19
Costs to cover: 0.045%
Break-even: 0.2 days

Slippage unknown: Arcus: live order book, 64 min ago; Variational Omni: RFQ quote, just now. 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 Arcus live order book, 64 min ago	4.49 bp	8.0 bp −$8	10.2 bp −$102	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	3.50 bp	doesn't fit	11.1 bp −$111	doesn't fit	doesn't fit

AMD on 30 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	−0.0134%	4h	620.54	−0.014%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	620.81	+0.031%	$1K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.69	+0.011%	$121K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.95	+0.053%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0011%	8h	620.98	+0.058%	$4.5M	$13.4M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.29	−0.053%	$851K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.434%	$5K	$55K	12x	as long as short
Arcus AMD-USDlong	+0.0040%	1h	620.62	long leg	$144K	$263K	10x
Polymarket Perps AMD-USD	+0.0050%	1h	620.36	−0.042%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.81	−0.131%	$1.5M	$4.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0059%	1h	621.62	+0.161%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.72	+0.016%	$2.2M	$12.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.20	−0.068%	$1.9M	$286K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.42	−0.032%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.76	+0.023%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	619.72	−0.145%	$305K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0161%	1h	620.32	−0.048%	$25.1M	$93.5M	10x	as long as short
Lighter AMD	+0.0168%	1h	620.38	−0.039%	$549K	$2.4M	10x	as long as short
SoDEX AMD-USD	+0.0185%	1h	620.67	+0.008%	$25K	$24K	10x	as long as short
Bitget AMDUSDT	+0.0228%	8h	620.92	+0.048%	$10.3M	$17.1M	20x	as long as short
Phoenix AMD	+0.0244%	1h	620.37	−0.040%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.12	+0.080%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0285%	8h	620.59	−0.005%	$6.9M	$28.0M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0363%	1h	620.29	−0.053%	$77K	$151K	10x	as long as short
Nado AMD-PERP	+0.0398%	1h	620.00	−0.099%	$268K	$208K	10x	as long as short
Aster AMDUSDT	+0.0406%	8h	620.88	+0.042%	$72K	$413K	50x	as long as short
Variational Omni AMDshort	+0.0723%	8h	620.91	+0.046%	$2.6M	$3.3M	—
Binance AMDUSDT	+0.0780%	8h	620.87	+0.040%	$75.5M	$190.3M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	620.76	+0.022%	$463K	$1.9M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0798%	8h	620.00	−0.100%	$17K	$134K	10x	as long as short