Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0719%/8h= −78.7% APRpaid last 24h −0.052%

Price spread now: HTX against Deribit+0.042%7-day average +0.035% · 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−$38as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Deribit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.133%−$13 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.042%, 7d avg +0.035%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.133% in total (about -10.5% 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	Deribit AMD_USDC-PERPETUAL	619.86	0.0719	pay 0.0090% / 1h	41m 49s	$77K	$163K	10x
Short	HTX AMD-USDT	620.12	0	get 0.0000% / 8h	41m 49s	$132K	$581K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$150.97
Price spread: +0.042% → +0.035%: $0.66
Slippage, 4 orders: −$20.14
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$189.45
Costs to cover: 0.391%
Break-even: never at this rate

Slippage from Deribit: live order book, 37 min ago; HTX: live order book, 37 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, 37 min ago	5.57 bp	9.1 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell HTX live order book, 37 min ago	0.08 bp	7.4 bp −$7	10.5 bp −$105	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	−0.0624%	4h	620.62	+0.123%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.29	+0.069%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.24	+0.061%	$2K	$9.0M	10x	as long as short
HTX AMD-USDTshort	0.0000%	8h	620.12	+0.042%	$132K	$581K	20x
Phemex AMDUSDT	0.0000%	8h	620.29	+0.069%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.58	−0.045%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.313%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.04	+0.190%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.60	−0.042%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0057%	1h	619.84	−0.003%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0080%	1h	620.32	+0.074%	$2.3M	$13.4M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.037%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.92	+0.010%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.99	+0.021%	$378	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0129%	8h	619.93	+0.011%	$6.8M	$28.6M	25x	as long as short
tradeXYZ xyz:AMD	+0.0130%	1h	619.42	−0.071%	$24.8M	$94.8M	10x	as long as short
SoDEX AMD-USD	+0.0205%	1h	620.09	+0.037%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.31	+0.073%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.54	+0.109%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0222%	8h	620.30	+0.071%	$72K	$416K	50x	as long as short
Lighter AMD	+0.0224%	1h	619.73	−0.021%	$525K	$2.5M	10x	as long as short
ApeX Omni AMDUSDT	+0.0296%	1h	619.99	+0.021%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0494%	8h	620.62	+0.123%	$18K	$134K	10x	as long as short
Variational Omni AMD	+0.0503%	8h	620.85	+0.159%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0528%	8h	620.50	+0.103%	$6K	$545K	20x	as long as short
Nado AMD-PERP	+0.0532%	1h	619.46	−0.065%	$317K	$167K	10x	as long as short
Bitget AMDUSDT	+0.0547%	8h	620.02	+0.026%	$10.1M	$18.1M	20x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	619.92	+0.009%	$464K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0553%	8h	620.02	+0.026%	$75.6M	$192.1M	25x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0719%	1h	619.86	long leg	$77K	$163K	10x
Arcus AMD-USD	+0.0919%	1h	620.08	+0.035%	$145K	$265K	10x	as long as short