Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.026%

Price spread now: Orderly against Deribit+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.028% dearer against Deribit than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMD_USDC-PERPETUAL	616.35	0.0464	pay 0.0058% / 1h	59m 34s	$77K	$163K	10x
Short	Orderly PERP_AMD_USDC_mythos	616.52	0.0100	get 0.0100% / 8h	1h 59m	$376	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.028%Rate

Funding earned: −$76.52
Price spread: +0.028% → 0.000%: $2.76
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$86.76
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.

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, 24 min ago	6.01 bp	9.5 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0577%	4h	616.72	+0.060%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.40	+0.008%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	616.55	+0.032%	$4.3M	$13.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.65	+0.049%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.30	−0.008%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.16	−0.031%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.23	−0.019%	$844K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.751%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	617.07	+0.117%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	616.28	−0.011%	$405K	$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
Ondo Perps AMD-USD.P	+0.0050%	1h	615.78	−0.092%	$1.4M	$4.8M	10x	as long as short
Lighter AMD	+0.0064%	1h	616.35	0.000%	$556K	$2.5M	10x	as long as short
SoDEX AMD-USD	+0.0067%	1h	616.43	+0.013%	$25K	$24K	10x	as long as short
Aster AMDUSDT	+0.0074%	8h	616.69	+0.055%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.61	+0.042%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.99	−0.058%	$1.9M	$323K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.63	+0.045%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	616.52	+0.028%	$376	$6K	10x
tradeXYZ xyz:AMD	+0.0115%	1h	616.11	−0.039%	$24.9M	$95.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.097%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	616.13	−0.036%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.78	+0.069%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0303%	1h	615.80	−0.090%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0346%	8h	616.60	+0.041%	$17K	$141K	10x	as long as short
Variational Omni AMD	+0.0364%	8h	616.75	+0.065%	$2.7M	$3.1M	—	as long as short
BloFin AMD-USDT	+0.0403%	8h	616.77	+0.068%	$6K	$541K	20x	as long as short
Extended AMD_24_5-USD	+0.0416%	1h	616.63	+0.045%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0418%	8h	616.72	+0.060%	$74.9M	$193.1M	25x	as long as short
Deribit AMD_USDC-PERPETUALlong	+0.0464%	1h	616.35	long leg	$77K	$163K	10x
Bitget AMDUSDT	+0.0467%	8h	616.63	+0.045%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	616.56	+0.034%	$142K	$282K	10x	as long as short