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+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h −0.045%
Price spread now: Coinbase International against Deribit−0.031%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.072%−$7 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.031%, 7d avg −0.087%
Together, before fees−0.106%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.057% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.087%. Mind the row above: over the last 5 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMD_USDC-PERPETUAL622.490get 0.0000% / 1h18m 43s$78K$151K10x
ShortCoinbase International AMD-PERP-INTX622.300.0120get 0.0015% / 1h18m 43s$316K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$25.2
Price spread: −0.031% → −0.087%
$5.66
Slippage, 4 orders
−$16.72
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$2.86
Costs to cover
0.337%
Break-even
7.8 days
Slippage from Deribit: live order book, 40 min ago; Coinbase International: live order book, 5 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 Deribit live order book, 40 min ago4.18 bp7.7 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago3.13 bp8.1 bp −$812.3 bp −$123doesn'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−0.0703%4h622.30−0.030%$79K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h623.04+0.088%$4.5M$13.5M50xas long as short
Bitget AMDUSDT0.0000%8h623.02+0.085%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h622.96+0.076%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUALlong0.0000%1h622.49long leg$78K$151K10x
HTX AMD-USDT0.0000%8h622.86+0.059%$121K$615K20xas long as short
Phemex AMDUSDT0.0000%8h623.12+0.101%$1.8M$458K10xas long as short
Lighter AMD+0.0032%1h622.45−0.006%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h622.42−0.011%$841K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.730%$5K$55K12xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.60+0.018%$145K$263K10xas long as short
tradeXYZ xyz:AMD+0.0050%1h622.38−0.018%$23.7M$94.4M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h622.58+0.014%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.81+0.051%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.80−0.111%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0061%1h624.26+0.284%$923K25xas long as short
Nado AMD-PERP+0.0075%1h622.67+0.028%$269K$226K10xas long as short
QFEX AMD-USD+0.0080%1h622.61+0.019%$2.1M$11.7M10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.56+0.011%$1.9M$289K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.45−0.006%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.82+0.053%$372$6K10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0120%1h622.30−0.031%$316K$1.9M10x
Phoenix AMD+0.0206%1h622.24−0.040%$2K$90K10xas long as short
Aevo AMD-PERP+0.0240%1h622.99+0.080%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0243%8h622.82+0.053%$6.9M$28.2M25xas long as short
Aster AMDUSDT+0.0275%8h622.46−0.004%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0370%8h622.42−0.011%$18K$146K10xas long as short
Variational Omni AMD+0.0570%8h622.48−0.001%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0628%8h622.68+0.030%$72.9M$195.1M25xas long as short
Extended AMD_24_5-USD+0.0632%1h622.54+0.009%$463K$1.9M10xas long as short
BloFin AMD-USDT+0.0635%8h622.93+0.071%$7K$551K20xas long as short