Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0198%/8h= +21.6% APRpaid last 24h +0.091%
Price spread now: BloFin against Coinbase International+0.106%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.106%, 7d avg +0.133%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.106% now, against its 7-day average of +0.133%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.073% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMD-PERP-INTX611.260.0120pay 0.0015% / 1h47m 13s$316K$1.9M10x
ShortBloFin AMD-USDT611.910.0318get 0.0318% / 8h1h 47m$6K$548K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Coinbase International. 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
$41.49
Price spread: +0.106% → +0.133%
−$2.67
Slippage, 4 orders
−$14.38
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.43
Costs to cover
0.364%
Break-even
6.6 days
Slippage from Coinbase International: live order book, 1 min ago; BloFin: live order book, 39 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 Coinbase International live order book, 1 min ago3.76 bp9.6 bp −$1013.5 bp −$135doesn't fitdoesn't fit
Sell BloFin live order book, 39 min ago0.41 bp8.1 bp −$814.6 bp −$146doesn'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
edgeX AMDUSDC−0.0832%4h612.68+0.232%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0325%8h612.10+0.137%$10.3M$17.4M20xas long as short
Aster AMDUSDT0.0000%8h612.04+0.128%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h611.89+0.103%$4.4M$14.3M50xas long as short
SunX AMD-USDT0.0000%8h611.88+0.101%$2K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h611.28+0.003%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h611.73+0.077%$103K$642K20xas long as short
Phemex AMDUSDT0.0000%8h612.04+0.128%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h611.61+0.057%$525K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h611.54+0.046%$817K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h611.96+0.115%$135K$276K10xas long as short
Vest AMD-USD-PERP+0.0046%1h612.58+0.216%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h611.59+0.054%$22.8M$95.3M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h611.56+0.049%$394K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h611.75+0.080%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h611.22−0.007%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0067%1h611.81+0.090%$2.1M$11.6M10xas long as short
Injective AMD/USDC PERP+0.0067%1h551.80−9.727%$2K$59K12xas long as short
Nado AMD-PERP+0.0099%1h611.76+0.082%$254K$241K10xas long as short
KuCoin AMDUSDTM+0.0100%8h611.58+0.052%$1.9M$292K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h611.98+0.118%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h611.66+0.065%$366$6K10xas long as short
OKX AMD-USDT-SWAP+0.0101%8h611.85+0.097%$6.6M$29.1M25xas long as short
Coinbase International AMD-PERP-INTXlong+0.0120%1h611.26long leg$316K$1.9M10x
Phoenix AMD+0.0143%1h612.12+0.141%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0156%8h612.48+0.200%$19K$172K10xas long as short
Aevo AMD-PERP+0.0168%1h611.93+0.110%$11K10xas long as short
Variational Omni AMD+0.0242%8h612.53+0.208%$2.4M$3.4Mas long as short
BloFin AMD-USDTshort+0.0318%8h611.91+0.106%$6K$548K20x
Extended AMD_24_5-USD+0.0328%1h611.70+0.071%$457K$3.1M10xas long as short
Binance AMDUSDT+0.0329%8h611.80+0.088%$71.9M$203.7M25xas long as short