Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1571%/8h= −172.0% APRpaid last 24h −0.183%

Price spread now: edgeX against Binance−0.028%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

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

costs, in and out, $10k−$370.366% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.212%−$21 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.028%, 7d avg −0.046%

Together, before fees−0.199%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$47 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.212% in total (about -11.1% 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	Binance AMDUSDT	622.31	0.0767	pay 0.0767% / 8h	5h 07m	$75.4M	$190.1M	25x
Short	edgeX AMDUSDC	622.14	−0.0804	pay 0.0402% / 4h	1h 07m	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$329.82
Price spread: −0.028% → −0.046%: $1.77
Slippage, 4 orders: −$17.62
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$364.67
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; edgeX: live order book, 2 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 Binance live order book, 6 min ago	0.40 bp	7.4 bp −$7	12.3 bp −$123	47.0 bp −$4,697	doesn't fit
Sell edgeX live order book, 2 min ago	5.14 bp	11.1 bp −$11	31.6 bp −$316	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 AMDUSDCshort	−0.0804%	4h	622.14	−0.028%	$81K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	622.25	−0.010%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.81	−0.081%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.07	−0.039%	$122K	$599K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.80	−0.083%	$1.8M	$459K	10x	as long as short
Gate AMD_USDT	+0.0010%	8h	622.34	+0.004%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	621.94	−0.060%	$855K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.702%	$5K	$55K	12x	as long as short
Bitget AMDUSDT	+0.0034%	8h	622.29	−0.004%	$10.3M	$17.0M	20x	as long as short
Arcus AMD-USD	+0.0040%	1h	622.08	−0.038%	$144K	$263K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	621.88	−0.070%	$399K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.48	−0.134%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0054%	1h	623.48	+0.187%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.20	−0.018%	$2.1M	$11.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.87	−0.071%	$1.9M	$281K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.01	−0.049%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.13	−0.030%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.261%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0156%	1h	621.87	−0.071%	$24.8M	$93.8M	10x	as long as short
SoDEX AMD-USD	+0.0183%	1h	622.15	−0.026%	$26K	$24K	10x	as long as short
Lighter AMD	+0.0208%	1h	622.02	−0.047%	$545K	$2.5M	10x	as long as short
Phoenix AMD	+0.0245%	1h	621.94	−0.060%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	622.54	+0.036%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0300%	1h	621.76	−0.088%	$269K	$218K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0305%	8h	622.15	−0.026%	$7.0M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0385%	8h	621.86	−0.072%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0658%	8h	622.28	−0.005%	$17K	$140K	10x	as long as short
Variational Omni AMD	+0.0712%	8h	621.75	−0.090%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDTlong	+0.0767%	8h	622.31	long leg	$75.4M	$190.1M	25x
Extended AMD_24_5-USD	+0.0768%	1h	622.16	−0.025%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0785%	8h	622.19	−0.020%	$7K	$548K	20x	as long as short