Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h −0.121%

Price spread now: Phemex against Extended+0.057%7-day average +0.025% · you sell dearer than you buy

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

Long on Extended Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.057%, 7d avg +0.025%

Together, before fees−0.336%+ Points / potential airdropExtended: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.025%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.225% in total) that is about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMD_24_5-USD	612.90	0.0248	pay 0.0031% / 1h	12m 05s	$461K	$3.4M	10x
Short	Phemex AMDUSDT	613.25	0	get 0.0000% / 8h	12m 05s	$1.7M	$466K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$52.08
Price spread: +0.057% → +0.025%: $3.19
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$65.89
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; Phemex: live order book, 1 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 Extended live order book, 2 min ago	0.65 bp	6.8 bp −$7	54.1 bp −$541	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	12.64 bp	doesn't fit	doesn't fit	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 AMDUSDC	−0.0825%	4h	613.09	+0.031%	$73K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0259%	8h	613.51	+0.099%	$10.4M	$17.5M	20x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	551.13	−10.079%	$2K	$59K	12x	as long as short
Aster AMDUSDT	0.0000%	8h	613.02	+0.020%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	613.19	+0.047%	$4.5M	$14.5M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	613.05	+0.024%	$1K	$8.0M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	612.68	−0.036%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.07	+0.028%	$100K	$634K	20x	as long as short
Phemex AMDUSDTshort	0.0000%	8h	613.25	+0.057%	$1.7M	$466K	10x
Lighter AMD	+0.0032%	1h	612.80	−0.017%	$523K	$2.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMD	+0.0032%	1h	612.65	−0.041%	$796K	$4.8M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	613.22	+0.052%	$129K	$285K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	614.22	+0.215%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.53	−0.061%	$22.1M	$96.1M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.01	+0.018%	$395K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	612.90	0.000%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.52	−0.062%	$1.4M	$5.4M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0065%	8h	613.04	+0.023%	$6.6M	$29.5M	25x	as long as short
QFEX AMD-USD	+0.0069%	1h	613.46	+0.091%	$2.0M	$11.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.90	0.000%	$1.9M	$304K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	613.04	+0.023%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	612.90	0.000%	$367	$6K	10x	as long as short
Nado AMD-PERP	+0.0118%	1h	612.79	−0.018%	$255K	$241K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	612.53	−0.061%	$312K	$1.9M	10x	as long as short
Aevo AMD-PERP	+0.0144%	1h	613.11	+0.035%	$11K	—	10x	as long as short
Phoenix AMD	+0.0157%	1h	612.45	−0.074%	$2K	$90K	10x	as long as short
Variational Omni AMD	+0.0163%	8h	613.00	+0.017%	$2.0M	$3.8M	—	as long as short
GRVT AMD_USDT_Perp	+0.0171%	8h	613.18	+0.046%	$20K	$181K	10x	as long as short
Extended AMD_24_5-USDlong	+0.0248%	1h	612.90	long leg	$461K	$3.4M	10x
Binance AMDUSDT	+0.0251%	8h	613.04	+0.023%	$72.1M	$204.8M	25x	as long as short
BloFin AMD-USDT	+0.0264%	8h	613.76	+0.140%	$6K	$554K	20x	as long as short