Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0910%/8h= +99.7% APRpaid last 24h +0.214%

Price spread now: Extended against edgeX−0.233%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$370.369% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 7 days+0.334%+$33 · spread now −0.233%, 7d avg −0.026%

Together, before fees+0.574%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.207% cheaper against edgeX than usual: you would sell low and buy high (spread −0.233% now, against its 7-day average of −0.026%). If the spread goes back, that is −$21 on $10k: about 18 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.240% in total) that is about 6.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% 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	edgeX AMDUSDC	612.37	−0.0542	get 0.0271% / 4h	2h 26m	$72K	$1.7M	10x
Short	Extended AMD_24_5-USD	610.94	0.0368	get 0.0046% / 1h	26m 59s	$457K	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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 edgeXbpFee ExtendedbpOrdersPrice spread, now −0.233%Rate

Funding earned: $191.15
Price spread: −0.233% → −0.026%: −$20.69
Slippage, 4 orders: −$22.9
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $133.57
Costs to cover: 0.369%
Break-even: 2.1 days

Slippage from edgeX: live order book, 2 min ago; Extended: 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 edgeX live order book, 2 min ago	5.73 bp	11.7 bp −$12	32.5 bp −$325	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.57 bp	6.7 bp −$7	44.7 bp −$447	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 AMDUSDClong	−0.0542%	4h	612.37	long leg	$72K	$1.7M	10x
Bitget AMDUSDT	−0.0208%	8h	611.53	−0.136%	$10.3M	$17.3M	20x	as long as short
Gate AMD_USDT	0.0000%	8h	611.31	−0.172%	$4.4M	$14.1M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.05	−0.215%	$2K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	612.04	−0.053%	$112K	$627K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.26	−0.180%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	610.75	−0.264%	$524K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	610.55	−0.296%	$801K	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	610.97	−0.228%	$2.0M	$11.6M	10x	as long as short
Aster AMDUSDT	+0.0036%	8h	610.81	−0.255%	$69K	$415K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	611.67	−0.114%	$136K	$271K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	611.52	−0.138%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	610.57	−0.293%	$23.0M	$95.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	610.56	−0.295%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	611.04	−0.216%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	611.17	−0.195%	$1.3M	$5.1M	10x	as long as short
Nado AMD-PERP	+0.0068%	1h	610.48	−0.308%	$254K	$240K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	610.20	−0.354%	$317K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	610.54	−0.298%	$1.8M	$295K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.87	−0.081%	$79K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	610.84	−0.249%	$365	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0118%	8h	610.41	−0.319%	$6.5M	$28.8M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0127%	1h	610.56	−0.295%	$76K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0136%	8h	612.07	−0.048%	$19K	$167K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	611.16	−0.197%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	611.93	−0.071%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	612.62	+0.042%	$2K	$59K	12x	as long as short
Variational Omni AMD	+0.0284%	8h	611.95	−0.068%	$2.5M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0367%	8h	610.54	−0.298%	$71.4M	$202.0M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0368%	1h	610.94	−0.233%	$457K	$3.1M	10x
BloFin AMD-USDT	+0.0371%	8h	611.34	−0.167%	$6K	$543K	20x	as long as short