Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.022%

Price spread now: Variational Omni against Extended−0.076%7-day average +0.018% · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.076%, 7d avg +0.018%

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.094% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMD_24_5-USD	622.20	0.0648	pay 0.0081% / 1h	23m 47s	$463K	$1.9M	10x
Short	Variational Omni AMD	621.72	0.0588	get 0.0588% / 8h	4h 23m	$2.6M	$3.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.076%Rate

Funding earned: −$12.53
Price spread: −0.076% → +0.018%: −$9.38
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$26.91
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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, 5 min ago	0.97 bp	7.1 bp −$7	48.0 bp −$480	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	3.50 bp	doesn't fit	15.1 bp −$151	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	−0.0536%	4h	621.31	−0.142%	$79K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.49	+0.047%	$4.5M	$13.5M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.39	+0.031%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.24	+0.007%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.79	−0.066%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.16	−0.006%	$121K	$614K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.36	+0.026%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.92	−0.045%	$554K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	621.91	−0.046%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.684%	$5K	$55K	12x	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	621.75	−0.072%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	621.76	−0.070%	$23.7M	$94.3M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.75	−0.072%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.15	−0.008%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.02	−0.189%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	623.35	+0.185%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.95	−0.040%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0083%	1h	621.73	−0.075%	$269K	$225K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.96	−0.038%	$1.9M	$288K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.35	−0.136%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.07	−0.021%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	621.21	−0.159%	$316K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	621.30	−0.144%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.37	+0.028%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0249%	8h	622.33	+0.021%	$6.9M	$28.1M	25x	as long as short
Aster AMDUSDT	+0.0290%	8h	621.97	−0.036%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0389%	8h	621.59	−0.098%	$18K	$146K	10x	as long as short
Variational Omni AMDshort	+0.0588%	8h	621.72	−0.076%	$2.6M	$3.3M	—
BloFin AMD-USDT	+0.0643%	8h	621.97	−0.037%	$7K	$550K	20x	as long as short
Binance AMDUSDT	+0.0646%	8h	622.36	+0.027%	$73.3M	$194.7M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0648%	1h	622.20	long leg	$463K	$1.9M	10x