Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.047%

Price spread now: ApeX Omni against Bitget−0.122%53s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.432% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$7 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.122%, 7d avg −0.017%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.106% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AMDUSDT	621.15	0.0189	pay 0.0189% / 8h	5h 58m	$10.3M	$17.1M	20x
Short	ApeX Omni AMDUSDT	620.39	0.0100	get 0.0013% / 1h	58m 40s	$80K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now −0.122%Rate

Funding earned: −$18.69
Price spread: −0.122% → −0.017%: −$10.57
Slippage, 4 orders: −$21.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$72.48
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; ApeX Omni: 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 Bitget live order book, 5 min ago	0.73 bp	12.3 bp −$12	24.8 bp −$248	47.9 bp −$4,791	doesn't fit
Sell ApeX Omni live order book, 3 min ago	5.23 bp	10.2 bp −$10	30.2 bp −$302	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	−0.0439%	4h	620.98	−0.027%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	620.37	−0.126%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.16	−0.159%	$121K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.80	−0.056%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0008%	8h	621.10	−0.008%	$4.5M	$13.2M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.52	−0.101%	$852K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.518%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.62	−0.085%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.96	−0.192%	$397K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.76	−0.224%	$1.5M	$4.1M	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	+0.0058%	1h	621.18	+0.005%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.90	−0.040%	$2.1M	$12.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.33	−0.132%	$1.9M	$286K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	620.39	−0.122%	$80K	$258K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.40	−0.121%	$371	$6K	10x	as long as short
SoDEX AMD-USD	+0.0116%	1h	620.45	−0.113%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0128%	1h	620.61	−0.087%	$549K	$2.4M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	619.72	−0.230%	$305K	$1.8M	10x	as long as short
Nado AMD-PERP	+0.0173%	1h	619.64	−0.244%	$268K	$209K	10x	as long as short
tradeXYZ xyz:AMD	+0.0188%	1h	620.41	−0.119%	$25.1M	$93.6M	10x	as long as short
Bitget AMDUSDTlong	+0.0189%	8h	621.15	long leg	$10.3M	$17.1M	20x
Phoenix AMD	+0.0244%	1h	620.78	−0.060%	$2K	$89K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0266%	1h	620.07	−0.174%	$77K	$151K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	620.26	−0.144%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0290%	8h	620.90	−0.040%	$6.9M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0405%	8h	621.05	−0.015%	$72K	$412K	50x	as long as short
Variational Omni AMD	+0.0722%	8h	620.89	−0.042%	$2.6M	$3.3M	—	as long as short
GRVT AMD_USDT_Perp	+0.0770%	8h	620.59	−0.090%	$17K	$134K	10x	as long as short
Binance AMDUSDT	+0.0780%	8h	620.97	−0.029%	$75.5M	$190.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	620.78	−0.059%	$463K	$1.9M	10x	as long as short