Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0365%/8h= −39.9% APRpaid last 24h +0.127%

Price spread now: Arcus against Aster+0.077%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Aster Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.132%+$13 on $10k

Price spread, last 4 days (all we have)−1.133%−$113 · spread now +0.077%, 7d avg −0.058%

Together, before fees−1.001%+ Points / potential airdropAster: Stage 5 · farm board−$100 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.136% dearer against Aster than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.058%): +$14 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 30 hours. Mind the row above: over the last 4 days funding on this pair paid +0.132%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AMDUSDT	620.64	0.0405	pay 0.0405% / 8h	5h 33m	$72K	$412K	50x
Short	Arcus AMD-USD	621.12	0.0040	get 0.0005% / 1h	33m 15s	$144K	$263K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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 AsterbpFee ArcusbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$76.56
Price spread: +0.077% → −0.058%: $13.56
Slippage, 4 orders: −$36.39
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$111.89
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from Aster: live order book, 29 min ago; Arcus: live order book, 30 min ago.

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 Aster live order book, 29 min ago	2.09 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 30 min ago	4.43 bp	10.2 bp −$10	12.8 bp −$128	doesn't fit	doesn't fit

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	−0.0724%	4h	621.10	+0.075%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.36	+0.116%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.18	+0.087%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.88	+0.039%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0006%	8h	621.32	+0.110%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.54	−0.016%	$850K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.437%	$5K	$55K	12x	as long as short
Arcus AMD-USDshort	+0.0040%	1h	621.12	+0.077%	$144K	$263K	10x
Polymarket Perps AMD-USD	+0.0050%	1h	620.80	+0.026%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.93	−0.114%	$1.5M	$4.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0056%	1h	621.91	+0.205%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0071%	8h	621.31	+0.108%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.13	+0.079%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.36	−0.045%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.76	+0.019%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.10	+0.074%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	+0.008%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0155%	1h	620.66	+0.003%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0210%	1h	621.04	+0.065%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0240%	1h	620.70	+0.010%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.75	+0.018%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.55	+0.146%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0304%	8h	621.06	+0.068%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0317%	1h	620.18	−0.075%	$268K	$213K	10x	as long as short
Aster AMDUSDTlong	+0.0405%	8h	620.64	long leg	$72K	$412K	50x
GRVT AMD_USDT_Perp	+0.0711%	8h	621.15	+0.082%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0719%	8h	621.22	+0.094%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0757%	8h	621.40	+0.123%	$7K	$548K	20x	as long as short
Binance AMDUSDT	+0.0781%	8h	621.30	+0.106%	$75.6M	$190.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	621.07	+0.070%	$463K	$1.9M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0943%	1h	620.80	+0.026%	$77K	$151K	10x	as long as short