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+0.0409%/8h= +44.8% APRnext payment +$4.09 per $10,000 · paid last 24h −0.053%
Price spread now: KuCoin against Bitget−0.078%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2122.125% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 7 days−0.094%−$9 · spread now −0.078%, 7d avg −0.089%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$12 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 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AMDUSDT612.53−0.0309get 0.0309% / 8h1h 48m$10.3M$17.4M20x
ShortKuCoin AMDUSDTM612.050.0100get 0.0100% / 8h1h 48m$1.9M$292K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$85.89
Price spread: −0.078% → −0.089%
$1.04
Slippage, 4 orders
−$188.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$125.54
Costs to cover
2.125%
Break-even
17.2 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago1.22 bp15.1 bp −$1522.1 bp −$22140.0 bp −$3,999doesn't fit
Sell KuCoin live order book, 7 min ago8.97 bp124.4 bp −$124doesn't fitdoesn't fitdoesn't fit

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
Bitget AMDUSDTlong−0.0309%8h612.53long leg$10.3M$17.4M20x
edgeX AMDUSDC−0.0128%4h612.41−0.020%$72K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h612.43−0.016%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h612.47−0.010%$4.4M$14.3M50xas long as short
SunX AMD-USDT0.0000%8h612.87+0.056%$2K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h611.81−0.118%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h612.23−0.049%$103K$642K20xas long as short
Phemex AMDUSDT0.0000%8h611.77−0.124%$1.7M$463K10xas long as short
Lighter AMD+0.0032%1h612.01−0.085%$526K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h611.93−0.098%$817K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h612.33−0.033%$135K$276K10xas long as short
Vest AMD-USD-PERP+0.0046%1h613.19+0.108%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h611.76−0.126%$22.9M$95.2M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h612.32−0.034%$394K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h612.13−0.065%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h611.94−0.096%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0067%1h612.71+0.029%$2.1M$11.6M10xas long as short
Injective AMD/USDC PERP+0.0067%1h551.80−9.915%$2K$59K12xas long as short
Nado AMD-PERP+0.0090%1h611.67−0.141%$254K$241K10xas long as short
KuCoin AMDUSDTMshort+0.0100%8h612.05−0.078%$1.9M$292K20x
ApeX Omni AMDUSDT+0.0100%1h612.36−0.028%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h612.12−0.067%$366$6K10xas long as short
OKX AMD-USDT-SWAP+0.0106%8h612.31−0.036%$6.6M$29.1M25xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h611.26−0.207%$316K$1.9M10xas long as short
Phoenix AMD+0.0143%1h612.72+0.031%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0156%8h612.48−0.008%$19K$172K10xas long as short
Aevo AMD-PERP+0.0168%1h612.51−0.003%$11K10xas long as short
Variational Omni AMD+0.0242%8h612.53+0.001%$2.4M$3.4Mas long as short
Binance AMDUSDT+0.0332%8h612.24−0.047%$71.9M$203.7M25xas long as short
Extended AMD_24_5-USD+0.0336%1h612.07−0.075%$457K$3.1M10xas long as short
BloFin AMD-USDT+0.0337%8h612.24−0.047%$6K$549K20xas long as short