Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0549%/8h= −60.1% APRpaid last 24h −0.078%

Price spread now: ApeX Omni against BloFin+0.027%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.027%, 7d avg −0.021%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.049% dearer against BloFin than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.021%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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	BloFin AMD-USDT	622.62	0.0649	pay 0.0649% / 8h	4h 13m	$7K	$550K	20x
Short	ApeX Omni AMDUSDT	622.79	0.0100	get 0.0013% / 1h	13m 50s	$80K	$258K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.027%Rate

Funding earned: −$115.26
Price spread: +0.027% → −0.021%: $4.85
Slippage, 4 orders: −$12.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$145.31
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from BloFin: live order book, 22 min ago; ApeX Omni: live order book, 43 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 BloFin live order book, 22 min ago	0.08 bp	8.2 bp −$8	10.1 bp −$101	11.0 bp −$1,097	13.5 bp −$6,750
Sell ApeX Omni live order book, 43 min ago	5.30 bp	10.3 bp −$10	10.4 bp −$104	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	−0.0774%	4h	623.01	+0.063%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	623.05	+0.069%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	623.07	+0.072%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.99	+0.059%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.37	−0.040%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.99	+0.059%	$122K	$615K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.17	+0.088%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.58	−0.006%	$555K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.64	+0.003%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.751%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.86	+0.039%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.55	−0.011%	$23.7M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.56	−0.010%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.87	+0.040%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.30	−0.051%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	624.16	+0.247%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0077%	1h	622.55	−0.011%	$269K	$227K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.73	+0.018%	$2.1M	$11.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.60	−0.003%	$1.9M	$290K	20x	as long as short
ApeX Omni AMDUSDTshort	+0.0100%	1h	622.79	+0.027%	$80K	$258K	50x
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.89	+0.043%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.30	−0.051%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.73	+0.018%	$2K	$90K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0238%	8h	622.60	−0.003%	$6.9M	$28.2M	25x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.17	+0.089%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0265%	8h	622.66	+0.007%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0344%	8h	623.04	+0.068%	$17K	$148K	10x	as long as short
Variational Omni AMD	+0.0557%	8h	622.79	+0.027%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0616%	1h	622.80	+0.029%	$464K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0619%	8h	622.98	+0.058%	$73.1M	$195.2M	25x	as long as short
BloFin AMD-USDTlong	+0.0649%	8h	622.62	long leg	$7K	$550K	20x