Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0369%/8h= −40.4% APRpaid last 24h −0.095%

Price spread now: Polymarket Perps against BloFin−0.060%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.060%, 7d avg −0.073%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$11 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 -0.095% in total (about -5.0% 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	616.49	0.0419	pay 0.0419% / 8h	2h 48m	$6K	$548K	20x
Short	Polymarket Perps AMD-USD	616.12	0.0050	get 0.0006% / 1h	48m 43s	$403K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$77.39
Price spread: −0.060% → −0.073%: $1.28
Slippage, 4 orders: −$9.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$106.03
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from BloFin: live order book, 42 min ago; Polymarket Perps: live order book, 5 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, 42 min ago	1.37 bp	10.1 bp −$10	15.1 bp −$151	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.70 bp	5.7 bp −$6	5.8 bp −$58	10.6 bp −$1,057	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	−0.0467%	4h	616.41	−0.013%	$77K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	616.44	−0.008%	$4.4M	$13.9M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	616.42	−0.011%	$10.2M	$17.2M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	616.57	+0.013%	$2K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	615.75	−0.120%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.13	−0.058%	$115K	$624K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.35	−0.023%	$1.7M	$461K	10x	as long as short
Lighter AMD	+0.0032%	1h	615.81	−0.110%	$533K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.91	−0.094%	$801K	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	616.28	−0.034%	$2.1M	$11.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AMD-PERP	+0.0034%	1h	616.10	−0.063%	$256K	$239K	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	616.13	−0.058%	$140K	$269K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.51	+0.165%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	615.76	−0.118%	$23.2M	$94.8M	10x	as long as short
Polymarket Perps AMD-USDshort	+0.0050%	1h	616.12	−0.060%	$403K	$1.5M	10x
SoDEX AMD-USD	+0.0050%	1h	616.24	−0.041%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.50	−0.161%	$1.3M	$5.0M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.26	−0.037%	$321K	$1.9M	10x	as long as short
Aster AMDUSDT	+0.0075%	8h	616.12	−0.061%	$69K	$415K	50x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.90	−0.096%	$1.9M	$295K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.60	+0.018%	$79K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.23	−0.042%	$369	$6K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0147%	8h	616.22	−0.044%	$20K	$164K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0147%	8h	616.19	−0.049%	$6.6M	$28.8M	25x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.51	+0.004%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	615.78	−0.115%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	619.05	+0.415%	$2K	$57K	12x	as long as short
Variational Omni AMD	+0.0331%	8h	616.38	−0.018%	$2.5M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0400%	1h	616.02	−0.077%	$459K	$3.1M	10x	as long as short
Binance AMDUSDT	+0.0404%	8h	616.11	−0.061%	$71.4M	$199.4M	25x	as long as short
BloFin AMD-USDTlong	+0.0419%	8h	616.49	long leg	$6K	$548K	20x