Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0678%/8h= −74.2% APRpaid last 24h −0.095%

Price spread now: tradeXYZ against Binance−0.073%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

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

costs, in and out, $10k−$370.372% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.073%, 7d avg −0.095%

Together, before fees−0.065%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.022% dearer against Binance than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.095%): +$2 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.084% in total) that is about 44 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% 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	619.74	0.0782	pay 0.0782% / 8h	5h 46m	$75.4M	$189.9M	25x
Short	tradeXYZ xyz:AMD	619.29	0.0105	get 0.0013% / 1h	46m 15s	$25.0M	$93.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$142.31
Price spread: −0.073% → −0.095%: $2.22
Slippage, 4 orders: −$9.16
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$177.26
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; tradeXYZ: live order book, 3 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, 12 min ago	0.16 bp	7.9 bp −$8	15.4 bp −$154	51.4 bp −$5,144	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.73 bp	11.0 bp −$11	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	−0.0706%	4h	620.40	+0.107%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	619.76	+0.003%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	619.29	−0.073%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.64	−0.016%	$122K	$597K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.79	+0.008%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0003%	8h	619.80	+0.010%	$4.5M	$13.2M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	619.53	−0.034%	$851K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.294%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.16	+0.068%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.40	−0.055%	$397K	$1.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMD-USD	+0.0050%	1h	619.59	−0.024%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.98	−0.123%	$1.5M	$4.1M	10x	as long as short
Vest AMD-USD-PERP	+0.0055%	1h	620.84	+0.177%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.78	+0.006%	$2.1M	$12.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.35	−0.063%	$1.9M	$284K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.74	0.000%	$371	$6K	10x	as long as short
tradeXYZ xyz:AMDshort	+0.0105%	1h	619.29	−0.073%	$25.0M	$93.6M	10x
ApeX Omni AMDUSDT	+0.0116%	1h	619.58	−0.026%	$80K	$258K	50x	as long as short
Bitget AMDUSDT	+0.0122%	8h	619.83	+0.015%	$10.3M	$17.1M	20x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	619.97	+0.037%	$300K	$1.8M	10x	as long as short
Lighter AMD	+0.0200%	1h	619.48	−0.042%	$548K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	619.74	0.000%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	620.09	+0.057%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0294%	8h	619.74	0.000%	$6.9M	$27.8M	25x	as long as short
Nado AMD-PERP	+0.0314%	1h	619.25	−0.079%	$268K	$211K	10x	as long as short
Aster AMDUSDT	+0.0406%	8h	619.80	+0.010%	$72K	$412K	50x	as long as short
Variational Omni AMD	+0.0727%	8h	620.74	+0.161%	$2.6M	$3.3M	—	as long as short
GRVT AMD_USDT_Perp	+0.0772%	8h	620.89	+0.186%	$17K	$134K	10x	as long as short
Binance AMDUSDTlong	+0.0782%	8h	619.74	long leg	$75.4M	$189.9M	25x
Extended AMD_24_5-USD	+0.0784%	1h	619.60	−0.023%	$463K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0800%	8h	620.05	+0.050%	—	$547K	20x	as long as short