Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.022%

Price spread now: tradeXYZ against HTX−0.108%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.108%, 7d avg −0.069%

Together, before fees+0.248%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.039% cheaper against HTX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.069%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AMD-USDT	620.67	0	get 0.0000% / 8h	6h 36m	$121K	$599K	20x
Short	tradeXYZ xyz:AMD	620.00	0.0094	get 0.0012% / 1h	36m 17s	$25.0M	$93.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.108%Rate

Funding earned: $19.66
Price spread: −0.108% → −0.069%: −$3.9
Slippage, 4 orders: −$13.31
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$27.56
Costs to cover: 0.433%
Break-even: 16.8 days

Slippage from HTX: live order book, 32 min ago; tradeXYZ: live order book, 13 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, 32 min ago	3.05 bp	10.7 bp −$11	23.3 bp −$233	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 13 min ago	0.88 bp	10.6 bp −$11	10.8 bp −$108	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	−0.0255%	4h	621.13	+0.075%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.60	−0.011%	$4.5M	$13.2M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.59	−0.013%	$1K	$8.4M	10x	as long as short
HTX AMD-USDTlong	0.0000%	8h	620.67	long leg	$121K	$599K	20x
Phemex AMDUSDT	0.0000%	8h	620.69	+0.003%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.03	−0.103%	$830K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.442%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.16	+0.079%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.99	−0.110%	$395K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	620.45	−0.035%	$25K	$24K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	619.75	−0.148%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0061%	1h	621.42	+0.121%	—	$924K	25x	as long as short
Lighter AMD	+0.0064%	1h	620.10	−0.092%	$542K	$2.4M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.30	−0.060%	$2.2M	$12.5M	10x	as long as short
tradeXYZ xyz:AMDshort	+0.0094%	1h	620.00	−0.108%	$25.0M	$93.4M	10x
KuCoin AMDUSDTM	+0.0100%	8h	620.20	−0.076%	$1.9M	$290K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.12	+0.073%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.44	−0.037%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	620.87	+0.032%	$299K	$1.8M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0186%	1h	620.06	−0.098%	$77K	$151K	10x	as long as short
Phoenix AMD	+0.0244%	1h	621.34	+0.108%	$2K	$90K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0270%	8h	620.17	−0.081%	$6.8M	$28.1M	25x	as long as short
Aevo AMD-PERP	+0.0272%	1h	620.74	+0.011%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0328%	1h	619.77	−0.144%	$268K	$203K	10x	as long as short
Aster AMDUSDT	+0.0399%	8h	620.70	+0.004%	$72K	$416K	50x	as long as short
Bitget AMDUSDT	+0.0494%	8h	620.55	−0.019%	$10.3M	$17.2M	20x	as long as short
Variational Omni AMD	+0.0711%	8h	620.48	−0.030%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0760%	1h	620.36	−0.051%	$464K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0764%	8h	620.48	−0.030%	$75.3M	$190.7M	25x	as long as short
BloFin AMD-USDT	+0.0779%	8h	622.73	+0.332%	$7K	$551K	20x	as long as short
GRVT AMD_USDT_Perp	+0.0882%	8h	621.07	+0.065%	$18K	$132K	10x	as long as short