Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0497%/8h= −54.4% APRpaid last 24h −0.106%

Price spread now: Injective against BloFin−10.152%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 10.152% cheaper against BloFin than usual: you would sell low and buy high (−$1,015 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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	613.40	0.0277	pay 0.0277% / 8h	16m 48s	$6K	$554K	20x
Short	Injective AMD/USDC PERP	551.13	−0.0220	pay 0.0028% / 1h	16m 48s	$2K	$59K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −10.152%Rate

Funding earned: −$104.31
Price spread: −10.152% → 0.000%: −$1,015.16
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,131.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 64 min ago; Injective: no order-book sample. Net counts fees only.

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, 64 min ago	0.08 bp	9.5 bp −$10	14.4 bp −$144	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0762%	4h	613.23	−0.028%	$73K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0266%	8h	613.52	+0.020%	$10.4M	$17.5M	20x	as long as short
Injective AMD/USDC PERPshort	−0.0220%	1h	551.13	−10.152%	$2K	$59K	12x
Aster AMDUSDT	0.0000%	8h	612.89	−0.083%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	613.30	−0.016%	$4.5M	$14.5M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.20	−0.033%	$1K	$8.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.26	−0.023%	$100K	$635K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.39	−0.002%	$1.7M	$466K	10x	as long as short
Lighter AMD	+0.0032%	1h	612.90	−0.082%	$523K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	612.79	−0.099%	$797K	$4.8M	10x	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	613.06	−0.055%	$129K	$285K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.64	+0.039%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.61	−0.129%	$22.0M	$96.1M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	612.81	−0.096%	$395K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	613.11	−0.047%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.60	−0.130%	$1.4M	$5.4M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0064%	8h	613.17	−0.037%	$6.6M	$29.5M	25x	as long as short
QFEX AMD-USD	+0.0069%	1h	613.10	−0.049%	$2.0M	$11.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.74	−0.108%	$1.9M	$305K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	612.65	−0.122%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.01	−0.064%	$367	$6K	10x	as long as short
Nado AMD-PERP	+0.0107%	1h	612.66	−0.121%	$255K	$241K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0125%	1h	612.76	−0.104%	$76K	$151K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	612.53	−0.142%	$312K	$1.9M	10x	as long as short
Aevo AMD-PERP	+0.0144%	1h	613.19	−0.034%	$11K	—	10x	as long as short
Phoenix AMD	+0.0157%	1h	612.48	−0.150%	$2K	$90K	10x	as long as short
Variational Omni AMD	+0.0162%	8h	613.05	−0.057%	$2.0M	$3.8M	—	as long as short
GRVT AMD_USDT_Perp	+0.0167%	8h	613.28	−0.020%	$20K	$181K	10x	as long as short
Extended AMD_24_5-USD	+0.0248%	1h	613.11	−0.047%	$461K	$3.4M	10x	as long as short
Binance AMDUSDT	+0.0251%	8h	613.23	−0.027%	$72.1M	$204.8M	25x	as long as short
BloFin AMD-USDTlong	+0.0277%	8h	613.40	long leg	$6K	$554K	20x