Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0894%/8h= −97.9% APRpaid last 24h −0.080%

Price spread now: edgeX against Injective+1.781%7-day average — · you sell dearer than you buy

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

Long on Injective Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 1.781% dearer against Injective than usual: you sell high and buy low (spread +1.781% now, against zero (this spread has no 7-day history yet)): +$178 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.137% in total) that is about 3 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% 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	Injective AMD/USDC PERP	611.72	0.0033	pay 0.0004% / 1h	28m 46s	$5K	$55K	12x
Short	edgeX AMDUSDC	622.61	−0.0861	pay 0.0430% / 4h	3h 28m	$81K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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 InjectivebpFee edgeXbpOrdersPrice spread, now +1.781%Rate

Funding earned: −$187.76
Price spread: +1.781% → 0.000%: $178.09
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$18.68
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 5 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 Injective no order-book sample	—	—	—	—	—
Sell edgeX live order book, 5 min ago	10.13 bp	15.7 bp −$16	36.7 bp −$367	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 AMDUSDCshort	−0.0861%	4h	622.61	+1.781%	$81K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	623.83	+1.980%	$2K	$8.6M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.41	+1.911%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.34	+1.900%	$853K	$4.3M	10x	as long as short
Injective AMD/USDC PERPlong	+0.0033%	1h	611.72	long leg	$5K	$55K	12x
Ondo Perps AMD-USD.P	+0.0050%	1h	622.83	+1.816%	$1.5M	$4.4M	10x	as long as short
Vest AMD-USD-PERP	+0.0052%	1h	624.09	+2.022%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.34	+1.900%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.34	+1.900%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.46	+1.919%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	+1.851%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0176%	1h	623.48	+1.922%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.89	+1.826%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.79	+1.974%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0248%	8h	623.83	+1.980%	$6.9M	$28.3M	25x	as long as short
Gate AMD_USDT	+0.0276%	8h	623.92	+1.994%	$4.5M	$13.4M	50x	as long as short
Polymarket Perps AMD-USD	+0.0328%	1h	623.10	+1.860%	$397K	$1.5M	10x	as long as short
Aster AMDUSDT	+0.0329%	8h	622.44	+1.753%	$72K	$416K	50x	as long as short
SoDEX AMD-USD	+0.0335%	1h	623.35	+1.901%	$26K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0341%	1h	623.26	+1.886%	$25.1M	$93.5M	10x	as long as short
Nado AMD-PERP	+0.0433%	1h	622.47	+1.757%	$318K	$172K	10x	as long as short
HTX AMD-USDT	+0.0501%	8h	623.62	+1.945%	$132K	$579K	20x	as long as short
ApeX Omni AMDUSDT	+0.0505%	1h	622.27	+1.725%	$80K	$258K	50x	as long as short
Variational Omni AMD	+0.0628%	8h	622.64	+1.785%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0666%	8h	623.75	+1.967%	$6K	$551K	20x	as long as short
Extended AMD_24_5-USD	+0.0672%	1h	623.94	+1.997%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0681%	8h	624.07	+2.019%	$76.1M	$190.6M	25x	as long as short
Bitget AMDUSDT	+0.0722%	8h	624.06	+2.017%	$10.4M	$17.5M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0762%	1h	623.19	+1.875%	$78K	$151K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.00	+1.844%	$145K	$264K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1419%	8h	622.68	+1.791%	$18K	$130K	10x	as long as short