Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.056%

Price spread now: Gate against Deribit+0.060%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Deribit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.121%−$12 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.060%, 7d avg +0.018%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.042% dearer against Deribit than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.018%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	616.36	0.0172	pay 0.0022% / 1h	11m 36s	$77K	$163K	10x
Short	Gate AMD_USDT	616.73	0	get 0.0000% / 8h	2h 11m	$4.3M	$13.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee DeribitbpFee GatebpOrdersPrice spread, now +0.060%Rate

Funding earned: −$36.12
Price spread: +0.060% → +0.018%: $4.2
Slippage, 4 orders: −$28.53
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$82.46
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Deribit: live order book, 12 min ago; Gate: live order book, 2 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 Deribit live order book, 12 min ago	6.01 bp	9.5 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.54 bp	13.9 bp −$14	37.0 bp −$370	doesn't fit	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	−0.0595%	4h	616.38	+0.004%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.68	+0.052%	$6.7M	$28.5M	25x	as long as short
Gate AMD_USDTshort	0.0000%	8h	616.73	+0.060%	$4.3M	$13.4M	50x
SunX AMD-USDT	0.0000%	8h	616.43	+0.011%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.18	−0.029%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.43	+0.011%	$1.7M	$457K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.28	−0.013%	$871K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.753%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.31	+0.154%	—	$948K	25x	as long as short
Lighter AMD	+0.0048%	1h	616.28	−0.013%	$575K	$2.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	616.08	−0.045%	$24.9M	$95.7M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	616.18	−0.029%	$405K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.28	−0.013%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.71	−0.105%	$1.4M	$4.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.89	+0.086%	$2.3M	$13.1M	10x	as long as short
Aster AMDUSDT	+0.0082%	8h	616.51	+0.025%	$71K	$414K	50x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.91	−0.073%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.01	−0.057%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.34	−0.003%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.76	−0.097%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	616.05	−0.050%	$2K	$94K	10x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0172%	1h	616.36	long leg	$77K	$163K	10x
Aevo AMD-PERP	+0.0184%	1h	616.70	+0.055%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0291%	1h	615.95	−0.067%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0363%	8h	616.27	−0.015%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0374%	8h	616.34	−0.004%	$2.7M	$3.1M	—	as long as short
Extended AMD_24_5-USD	+0.0424%	1h	616.89	+0.086%	$456K	$1.5M	10x	as long as short
BloFin AMD-USDT	+0.0425%	8h	616.49	+0.021%	$6K	$541K	20x	as long as short
Binance AMDUSDT	+0.0425%	8h	616.83	+0.076%	$75.0M	$193.0M	25x	as long as short
Bitget AMDUSDT	+0.0461%	8h	616.82	+0.075%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.88	+0.084%	$142K	$282K	10x	as long as short