Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0698%/8h= +76.4% APRpaid last 24h +0.129%

Price spread now: Variational Omni against edgeX+0.057%7-day average −0.010% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.122%+$12 on $10k

Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.057%, 7d avg −0.010%

Together, before fees−0.087%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Variational Omni is 0.066% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.010%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.122% in total (about 13.7% 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	616.70	−0.0327	get 0.0163% / 4h	2h 07m	$81K	$1.6M	10x
Short	Variational Omni AMD	617.05	0.0371	get 0.0371% / 8h	2h 07m	$2.7M	$3.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.057%Rate

Funding earned: $146.62
Price spread: +0.057% → −0.010%: $6.63
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $144.25
Costs to cover: 0.090%
Break-even: 0.1 days

Slippage unknown: edgeX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. 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 edgeX live order book, 2 min ago	4.30 bp	11.6 bp −$12	33.0 bp −$330	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.49 bp	doesn't fit	21.9 bp −$219	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	−0.0327%	4h	616.70	long leg	$81K	$1.6M	10x
OKX AMD-USDT-SWAP	0.0000%	8h	616.19	−0.083%	$6.7M	$28.5M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	616.29	−0.067%	$4.3M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.39	−0.050%	$795	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	616.03	−0.109%	$127K	$578K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	616.37	−0.054%	$1.7M	$458K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	615.94	−0.123%	$870K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.808%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	616.92	+0.036%	—	$948K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	615.84	−0.140%	$24.9M	$95.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	616.02	−0.110%	$405K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.10	−0.097%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.79	−0.148%	$1.4M	$4.8M	10x	as long as short
Lighter AMD	+0.0056%	1h	615.92	−0.127%	$575K	$2.6M	10x	as long as short
Aster AMDUSDT	+0.0078%	8h	616.40	−0.049%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.29	−0.067%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	615.96	−0.120%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.16	−0.088%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.22	−0.078%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.154%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	616.45	−0.041%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.61	−0.015%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0293%	1h	615.60	−0.178%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0350%	8h	616.52	−0.030%	$17K	$142K	10x	as long as short
Variational Omni AMDshort	+0.0371%	8h	617.05	+0.057%	$2.7M	$3.1M	—
Binance AMDUSDT	+0.0420%	8h	616.41	−0.047%	$74.9M	$193.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0424%	1h	616.36	−0.056%	$456K	$1.5M	10x	as long as short
BloFin AMD-USDT	+0.0445%	8h	616.42	−0.045%	$6K	$540K	20x	as long as short
Bitget AMDUSDT	+0.0461%	8h	616.36	−0.055%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0643%	1h	616.18	−0.084%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.23	−0.076%	$142K	$282K	10x	as long as short