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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.077%
Price spread now: Variational Omni against Coinbase International+0.083%7-day average +0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.107%+$11 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.083%, 7d avg +0.120%
Together, before fees+0.011%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.037% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.120%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$14 a day). At the pace of the last 3 days (+0.107% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.107% in total (about 11.2% 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-INTX621.210.0120pay 0.0015% / 1h24m 34s$316K$1.8M10x
ShortVariational Omni AMD621.720.0588get 0.0588% / 8h4h 24m$2.6M$3.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$98.35
Price spread: +0.083% → +0.120%
−$3.75
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$84.61
Costs to cover
0.100%
Break-even
1.0 days
Slippage unknown: Coinbase International: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 4 min ago2.09 bp7.1 bp −$713.0 bp −$130doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago2.99 bpdoesn't fit15.9 bp −$159doesn'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−0.0536%4h621.31+0.017%$79K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h622.32+0.179%$4.5M$13.5M50xas long as short
Bitget AMDUSDT0.0000%8h622.30+0.175%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h621.75+0.087%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.65+0.071%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h621.76+0.089%$121K$614K20xas long as short
Phemex AMDUSDT0.0000%8h622.05+0.135%$1.8M$458K10xas long as short
Lighter AMD+0.0032%1h621.91+0.113%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.90+0.111%$840K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.528%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h621.75+0.087%$145K$263K10xas long as short
tradeXYZ xyz:AMD+0.0050%1h621.75+0.087%$23.7M$94.3M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.38+0.027%$398K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.78+0.092%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.02−0.031%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0060%1h623.04+0.295%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.95+0.119%$2.1M$11.6M10xas long as short
Nado AMD-PERP+0.0083%1h621.73+0.084%$269K$225K10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.80+0.095%$1.9M$288K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.35+0.023%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.81+0.097%$372$6K10xas long as short
Coinbase International AMD-PERP-INTXlong+0.0120%1h621.21long leg$316K$1.8M10x
Phoenix AMD+0.0206%1h621.30+0.014%$2K$90K10xas long as short
Aevo AMD-PERP+0.0240%1h622.14+0.150%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0250%8h622.20+0.159%$6.9M$28.1M25xas long as short
Aster AMDUSDT+0.0290%8h621.84+0.102%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0389%8h621.59+0.061%$18K$146K10xas long as short
Variational Omni AMDshort+0.0588%8h621.72+0.083%$2.6M$3.3M
BloFin AMD-USDT+0.0643%8h621.97+0.122%$7K$550K20xas long as short
Binance AMDUSDT+0.0646%8h622.18+0.156%$73.3M$194.6M25xas long as short
Extended AMD_24_5-USD+0.0648%1h622.00+0.127%$463K$1.9M10xas long as short