Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.007%

Price spread now: BloFin against Extended+0.067%74s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.308% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.067%, 7d avg +0.033%

Together, before fees−0.107%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.034% dearer against Extended than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.033%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMD_24_5-USD	613.10	0.0296	pay 0.0037% / 1h	59m 56s	$457K	$3.1M	10x
Short	BloFin AMD-USDT	613.51	0.0267	get 0.0267% / 8h	59m 56s	$6K	$554K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$6.19
Price spread: +0.067% → +0.033%: $3.44
Slippage, 4 orders: −$13.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$33.58
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 21 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 Extended live order book, 4 min ago	0.74 bp	7.0 bp −$7	60.6 bp −$606	doesn't fit	doesn't fit
Sell BloFin live order book, 21 min ago	0.08 bp	7.5 bp −$7	14.1 bp −$141	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
Bitget AMDUSDT	−0.0358%	8h	613.59	+0.080%	$10.3M	$17.4M	20x	as long as short
edgeX AMDUSDC	−0.0027%	4h	612.92	−0.028%	$72K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	613.40	+0.049%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	613.88	+0.128%	$4.5M	$14.5M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.67	+0.093%	$1K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	613.14	+0.007%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.62	+0.085%	$101K	$639K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.78	+0.111%	$1.7M	$465K	10x	as long as short
Lighter AMD	+0.0032%	1h	613.42	+0.052%	$521K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	613.22	+0.020%	$803K	$4.8M	10x	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	613.10	0.000%	$132K	$281K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.33	+0.201%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	613.05	−0.008%	$22.1M	$96.2M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.17	+0.012%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.65	−0.073%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0067%	1h	613.46	+0.059%	$2.1M	$11.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.12	−10.109%	$2K	$59K	12x	as long as short
OKX AMD-USDT-SWAP	+0.0080%	8h	613.14	+0.007%	$6.6M	$29.5M	25x	as long as short
SoDEX AMD-USD	+0.0082%	1h	613.48	+0.062%	$25K	$24K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	613.05	−0.008%	$1.9M	$294K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	612.69	−0.067%	$79K	$255K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.42	+0.052%	$367	$6K	10x	as long as short
Nado AMD-PERP	+0.0114%	1h	613.17	+0.011%	$255K	$241K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	612.56	−0.088%	$312K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	612.70	−0.065%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0152%	1h	613.65	+0.090%	$11K	—	10x	as long as short
GRVT AMD_USDT_Perp	+0.0179%	8h	612.98	−0.019%	$20K	$178K	10x	as long as short
Variational Omni AMD	+0.0207%	8h	613.29	+0.031%	$2.0M	$3.8M	—	as long as short
BloFin AMD-USDTshort	+0.0267%	8h	613.51	+0.067%	$6K	$554K	20x
Binance AMDUSDT	+0.0294%	8h	613.30	+0.032%	$72.1M	$204.8M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0296%	1h	613.10	long leg	$457K	$3.1M	10x