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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.069%
Price spread now: Phoenix against Binance−0.030%95s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phoenix is 0.030% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMDUSDT610.080.0289pay 0.0289% / 8h6h 57m$72.1M$205.5M25x
ShortPhoenix AMD609.900.0118get 0.0015% / 1h57m 50s$2K$75K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
−$36.04
Price spread: −0.030% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$55.99
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 min ago; Phoenix: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago0.16 bp7.5 bp −$715.8 bp −$15864.2 bp −$6,422doesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0336%4h610.33+0.041%$73K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h610.52+0.072%$69K$417K50xas long as short
Gate AMD_USDT0.0000%8h610.37+0.048%$4.7M$14.4M50xas long as short
Bitget AMDUSDT0.0000%8h609.89−0.031%$10.2M$16.6M20xas long as short
SunX AMD-USDT0.0000%8h610.52+0.072%$2K$7.6M10xas long as short
HTX AMD-USDT0.0000%8h610.51+0.070%$93K$659K20xas long as short
Phemex AMDUSDT0.0000%8h610.37+0.048%$1.7M$465K10xas long as short
Lighter RH AMD+0.0032%1h610.16+0.013%$804K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h551.13−9.663%$2K$58K12xas long as short
Vest AMD-USD-PERP+0.0046%1h610.74+0.108%$924K25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h610.25+0.028%$393K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h609.98−0.016%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0076%1h610.24+0.026%$2.0M$11.4M10xas long as short
OKX AMD-USDT-SWAP+0.0098%8h610.18+0.016%$6.7M$29.6M25xas long as short
KuCoin AMDUSDTM+0.0100%8h609.95−0.021%$1.9M$379K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h609.32−0.125%$79K$254K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h610.28+0.033%$365$6K10xas long as short
Phoenix AMDshort+0.0118%1h609.90−0.030%$2K$75K10x
Aevo AMD-PERP+0.0152%1h610.42+0.056%$11K10xas long as short
Coinbase International AMD-PERP-INTX+0.0168%1h609.57−0.084%$304K$1.9M10xas long as short
Lighter AMD+0.0184%1h610.23+0.025%$522K$2.3M10xas long as short
SoDEX AMD-USD+0.0196%1h610.34+0.043%$25K$20K10xas long as short
tradeXYZ xyz:AMD+0.0198%1h609.83−0.041%$21.1M$97.3M10xas long as short
Variational Omni AMD+0.0215%8h610.06−0.004%$2.0M$3.8Mas long as short
Nado AMD-PERP+0.0276%1h609.80−0.046%$250K$246K10xas long as short
Extended AMD_24_5-USD+0.0288%1h610.11+0.006%$457K$3.4M10xas long as short
Binance AMDUSDTlong+0.0289%8h610.08long leg$72.1M$205.5M25x
BloFin AMD-USDT+0.0296%8h610.62+0.089%$6K$561K20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0521%1h610.12+0.007%$76K$151K10xas long as short
Arcus AMD-USD+0.0623%1h610.25+0.028%$122K$280K10xas long as short
GRVT AMD_USDT_Perp+0.0696%8h610.43+0.057%$19K$192K10xas long as short