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: SunX against Extended+0.094%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$295as in the Funding arb table

Net, price: spread back to 7d avg − costs−$267as in the Price arb table

costs, in and out, $10k−$2732.729% of the position

Long on Extended Short on SunX

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)−0.131%−$13 · spread now +0.094%, 7d avg +0.031%

Together, before fees−0.356%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.062% dearer against Extended than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.031%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.225% in total) that is about 47 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMD_24_5-USD	613.26	0.0248	pay 0.0031% / 1h	12m 46s	$461K	$3.4M	10x
Short	SunX AMD-USDT	613.83	0	get 0.0000% / 8h	12m 46s	$1K	$8.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$52.08
Price spread: +0.094% → +0.031%: $6.25
Slippage, 4 orders: −$259.87
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$318.7
Costs to cover: 2.729%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; SunX: live order book, 6 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, 1 min ago	0.65 bp	6.8 bp −$7	54.1 bp −$541	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	44.62 bp	130.0 bp −$130	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	−0.027%	$73K	$1.7M	10x	as long as short
Bitget AMDUSDT	−0.0259%	8h	613.69	+0.071%	$10.4M	$17.5M	20x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	551.13	−10.130%	$2K	$59K	12x	as long as short
Aster AMDUSDT	0.0000%	8h	613.19	−0.010%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	613.56	+0.050%	$4.5M	$14.5M	50x	as long as short
SunX AMD-USDTshort	0.0000%	8h	613.83	+0.094%	$1K	$8.0M	10x
HTX AMD-USDT	0.0000%	8h	613.70	+0.073%	$100K	$634K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.34	+0.014%	$1.7M	$466K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0011%	1h	613.48	+0.037%	$76K	$151K	10x	as long as short
Lighter AMD	+0.0032%	1h	613.14	−0.019%	$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	613.02	−0.038%	$797K	$4.8M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	613.22	−0.006%	$129K	$285K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.92	+0.108%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	612.86	−0.064%	$22.0M	$96.1M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	613.00	−0.042%	$395K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	613.49	+0.038%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.52	−0.120%	$1.4M	$5.4M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0066%	8h	613.36	+0.017%	$6.6M	$29.5M	25x	as long as short
QFEX AMD-USD	+0.0069%	1h	613.29	+0.006%	$2.0M	$11.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	612.97	−0.047%	$1.9M	$304K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	613.04	−0.035%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	613.62	+0.059%	$367	$6K	10x	as long as short
Nado AMD-PERP	+0.0118%	1h	612.74	−0.084%	$255K	$241K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	612.53	−0.118%	$312K	$1.9M	10x	as long as short
Aevo AMD-PERP	+0.0144%	1h	613.86	+0.099%	$11K	—	10x	as long as short
Phoenix AMD	+0.0157%	1h	612.45	−0.131%	$2K	$90K	10x	as long as short
Variational Omni AMD	+0.0163%	8h	613.00	−0.041%	$2.0M	$3.8M	—	as long as short
GRVT AMD_USDT_Perp	+0.0171%	8h	613.18	−0.012%	$20K	$181K	10x	as long as short
Extended AMD_24_5-USDlong	+0.0248%	1h	613.26	long leg	$461K	$3.4M	10x
Binance AMDUSDT	+0.0251%	8h	613.43	+0.028%	$72.1M	$204.8M	25x	as long as short
BloFin AMD-USDT	+0.0264%	8h	613.76	+0.082%	$6K	$554K	20x	as long as short