Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h +0.070%

Price spread now: Arcus against Bitget−0.032%7-day average −0.053% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.455% of the position

Long on Bitget Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.032%, 7d avg −0.053%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.020% dearer against Bitget than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.053%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 4 days funding on this pair paid +0.095%, 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	Bitget AMDUSDT	621.32	0.0068	pay 0.0068% / 8h	5h 31m	$10.3M	$17.1M	20x
Short	Arcus AMD-USD	621.12	0.0040	get 0.0005% / 1h	31m 07s	$144K	$263K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$5.82
Price spread: −0.032% → −0.053%: $2.04
Slippage, 4 orders: −$29.01
Fee Bitget: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$49.29
Costs to cover: 0.455%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Arcus: live order book, 32 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, 3 min ago	1.21 bp	13.3 bp −$13	19.0 bp −$190	40.5 bp −$4,049	doesn't fit
Sell Arcus live order book, 32 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	−0.0767%	4h	621.21	−0.018%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.40	+0.013%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.20	−0.019%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.96	−0.058%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0008%	8h	621.35	+0.005%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.82	−0.080%	$856K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.545%	$5K	$55K	12x	as long as short
Arcus AMD-USDshort	+0.0040%	1h	621.12	−0.032%	$144K	$263K	10x
Polymarket Perps AMD-USD	+0.0050%	1h	620.77	−0.089%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.93	−0.224%	$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	+0.0055%	1h	621.72	+0.064%	—	$923K	25x	as long as short
Bitget AMDUSDTlong	+0.0068%	8h	621.32	long leg	$10.3M	$17.1M	20x
QFEX AMD-USD	+0.0080%	1h	621.04	−0.045%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.40	−0.148%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.76	−0.090%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.07	−0.040%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.101%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0170%	1h	620.82	−0.080%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0235%	1h	621.09	−0.037%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.75	−0.092%	$2K	$90K	10x	as long as short
Lighter AMD	+0.0264%	1h	621.03	−0.047%	$548K	$2.4M	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.52	+0.032%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0308%	8h	620.93	−0.063%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0330%	1h	620.15	−0.188%	$268K	$214K	10x	as long as short
Aster AMDUSDT	+0.0407%	8h	620.61	−0.114%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0714%	8h	621.15	−0.027%	$17K	$137K	10x	as long as short
Variational Omni AMD	+0.0723%	8h	621.20	−0.019%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0759%	8h	621.45	+0.021%	$7K	$548K	20x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	621.23	−0.014%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0784%	8h	621.40	+0.013%	$75.6M	$190.0M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0991%	1h	621.01	−0.050%	$77K	$151K	10x	as long as short