Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.093%

Price spread now: Orderly against Extended−0.174%7-day average — · you buy dearer than you sell

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

Long on Extended 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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.174% cheaper against Extended than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMD_24_5-USD	612.93	0.0368	pay 0.0046% / 1h	30m 29s	$457K	$3.1M	10x
Short	Orderly PERP_AMD_USDC_mythos	611.86	0.0100	get 0.0100% / 8h	2h 30m	$366	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.174%Rate

Funding earned: −$56.28
Price spread: −0.174% → 0.000%: −$17.44
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$84.72
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago	0.08 bp	6.2 bp −$6	42.8 bp −$428	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
Bitget AMDUSDT	−0.0160%	8h	613.27	+0.056%	$10.3M	$17.3M	20x	as long as short
edgeX AMDUSDC	−0.0133%	4h	612.25	−0.111%	$72K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	613.14	+0.034%	$4.4M	$14.1M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.96	−0.158%	$2K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	612.23	−0.114%	$112K	$627K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.54	−0.227%	$1.7M	$462K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0028%	1h	611.63	−0.212%	$76K	$151K	10x	as long as short
Lighter AMD	+0.0032%	1h	612.67	−0.042%	$529K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	612.44	−0.080%	$805K	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0032%	1h	612.95	+0.003%	$2.1M	$11.5M	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	612.12	−0.132%	$137K	$271K	10x	as long as short
Aster AMDUSDT	+0.0041%	8h	613.16	+0.038%	$69K	$415K	50x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.16	+0.038%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.73	−0.032%	$23.0M	$95.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	612.86	−0.011%	$401K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	611.83	−0.179%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.03	−0.147%	$1.3M	$5.1M	10x	as long as short
Nado AMD-PERP	+0.0067%	1h	612.25	−0.111%	$254K	$239K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	611.04	−0.308%	$317K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.66	−0.044%	$1.9M	$295K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.28	−0.269%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	611.86	−0.174%	$366	$6K	10x
OKX AMD-USDT-SWAP	+0.0122%	8h	613.00	+0.012%	$6.5M	$28.9M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0132%	8h	612.26	−0.109%	$19K	$166K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	611.71	−0.200%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	613.13	+0.033%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	612.62	−0.050%	$2K	$59K	12x	as long as short
Variational Omni AMD	+0.0284%	8h	611.95	−0.160%	$2.5M	$3.3M	—	as long as short
Extended AMD_24_5-USDlong	+0.0368%	1h	612.93	long leg	$457K	$3.1M	10x
Binance AMDUSDT	+0.0371%	8h	613.22	+0.048%	$71.5M	$201.6M	25x	as long as short
BloFin AMD-USDT	+0.0390%	8h	612.07	−0.140%	$6K	$544K	20x	as long as short