Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0416%/8h= +45.6% APRpaid last 24h +0.108%

Price spread now: Extended against HTX+0.052%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 3 days (all we have)+0.077%+$8 · spread now +0.052%, 7d avg −0.023%

Together, before fees+0.234%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.075% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.023%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AMD-USDT	616.14	0	get 0.0000% / 8h	2h 06m	$127K	$578K	20x
Short	Extended AMD_24_5-USD	616.46	0.0416	get 0.0052% / 1h	6m 09s	$456K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now +0.052%Rate

Funding earned: $87.36
Price spread: +0.052% → −0.023%: $7.52
Slippage, 4 orders: −$23.63
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $54.25
Costs to cover: 0.406%
Break-even: 2.7 days

Slippage from HTX: live order book, 17 min ago; Extended: live order book, 2 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 HTX live order book, 17 min ago	0.08 bp	18.2 bp −$18	32.4 bp −$324	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.81 bp	7.0 bp −$7	50.6 bp −$506	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	−0.0327%	4h	616.70	+0.091%	$81K	$1.6M	10x	as long as short
OKX AMD-USDT-SWAP	0.0000%	8h	616.20	+0.010%	$6.8M	$28.5M	25x	as long as short
Gate AMD_USDT	0.0000%	8h	616.39	+0.041%	$4.3M	$13.4M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	616.52	+0.062%	$912	$9.1M	10x	as long as short
HTX AMD-USDTlong	0.0000%	8h	616.14	long leg	$127K	$578K	20x
Phemex AMDUSDT	0.0000%	8h	616.04	−0.016%	$1.7M	$459K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	616.12	−0.003%	$871K	$4.8M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.717%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	616.93	+0.128%	—	$948K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	616.04	−0.016%	$24.9M	$95.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	616.16	+0.003%	$405K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	616.29	+0.024%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	615.79	−0.057%	$1.4M	$4.8M	10x	as long as short
Lighter AMD	+0.0056%	1h	616.20	+0.010%	$575K	$2.6M	10x	as long as short
Aster AMDUSDT	+0.0077%	8h	616.50	+0.059%	$71K	$414K	50x	as long as short
QFEX AMD-USD	+0.0080%	1h	616.36	+0.036%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	616.03	−0.018%	$1.9M	$324K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	616.16	+0.003%	$79K	$259K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	616.33	+0.031%	$376	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	615.75	−0.063%	$311K	$1.8M	10x	as long as short
Phoenix AMD	+0.0156%	1h	616.45	+0.050%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	616.68	+0.088%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0294%	1h	615.62	−0.085%	$314K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0350%	8h	616.52	+0.061%	$17K	$142K	10x	as long as short
Variational Omni AMD	+0.0371%	8h	617.05	+0.148%	$2.7M	$3.1M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0416%	1h	616.36	+0.036%	$77K	$163K	10x	as long as short
Extended AMD_24_5-USDshort	+0.0416%	1h	616.46	+0.052%	$456K	$1.5M	10x
Binance AMDUSDT	+0.0420%	8h	616.56	+0.068%	$74.9M	$193.0M	25x	as long as short
BloFin AMD-USDT	+0.0445%	8h	616.42	+0.045%	$6K	$540K	20x	as long as short
Bitget AMDUSDT	+0.0461%	8h	616.40	+0.042%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.1053%	1h	616.27	+0.021%	$142K	$282K	10x	as long as short