Funding arb · Price arb /

AMD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.085%

Price spread now: Extended against KuCoin+0.005%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1011.010% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days+0.209%+$21 · spread now +0.005%, 7d avg +0.028%

Together, before fees+0.241%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.028%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.031% in total) that is about 5.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMDUSDTM	612.45	0.0100	pay 0.0100% / 8h	5h 03m	$1.9M	$493K	20x
Short	Extended AMD_24_5-USD	612.48	0.0408	get 0.0051% / 1h	3m 27s	$459K	$3.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.005%Rate

Funding earned: $64.68
Price spread: +0.005% → +0.028%: −$2.32
Slippage, 4 orders: −$83.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.59
Costs to cover: 1.010%
Break-even: 11.2 days

Slippage from KuCoin: live order book, 1 min ago; Extended: live order book, 3 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 KuCoin live order book, 1 min ago	6.61 bp	15.3 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.73 bp	7.1 bp −$7	57.0 bp −$570	doesn't fit	doesn't fit

AMD on 31 exchanges

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	−0.0556%	4h	613.10	+0.105%	$74K	$1.6M	10x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	548.57	−10.430%	$2K	$58K	12x	as long as short
Bitget AMDUSDT	0.0000%	8h	612.70	+0.041%	$10.2M	$16.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	613.08	+0.103%	$2K	$6.5M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	613.35	+0.147%	$89K	$689K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	613.23	+0.127%	$1.7M	$465K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0028%	1h	612.45	0.000%	$67K	$146K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	612.27	−0.029%	$783K	$4.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.22	+0.126%	—	$923K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	611.99	−0.075%	$21.3M	$95.3M	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	612.16	−0.047%	$394K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	612.14	−0.051%	$1.4M	$5.2M	10x	as long as short
QFEX AMD-USD	+0.0077%	1h	612.41	−0.007%	$2.0M	$11.2M	10x	as long as short
SoDEX AMD-USD	+0.0087%	1h	612.82	+0.060%	$25K	$19K	10x	as long as short
Lighter AMD	+0.0096%	1h	612.37	−0.013%	$511K	$2.3M	10x	as long as short
KuCoin AMDUSDTMlong	+0.0100%	8h	612.45	long leg	$1.9M	$493K	20x
ApeX Omni AMDUSDT	+0.0100%	1h	612.90	+0.073%	$79K	$253K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	612.32	−0.021%	$366	$2K	10x	as long as short
Gate AMD_USDT	+0.0101%	8h	612.56	+0.018%	$4.7M	$14.9M	50x	as long as short
Aster AMDUSDT	+0.0104%	8h	612.78	+0.054%	$72K	$414K	50x	as long as short
Phoenix AMD	+0.0130%	1h	613.03	+0.095%	$2K	$74K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0145%	8h	612.38	−0.011%	$6.9M	$30.0M	25x	as long as short
Nado AMD-PERP	+0.0170%	1h	612.14	−0.050%	$251K	$243K	10x	as long as short
Aevo AMD-PERP	+0.0184%	1h	613.09	+0.104%	$11K	—	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0184%	1h	612.58	+0.021%	$294K	$1.7M	10x	as long as short
Variational Omni AMD	+0.0331%	8h	613.32	+0.142%	$1.9M	$3.9M	—	as long as short
BloFin AMD-USDT	+0.0380%	8h	613.49	+0.170%	$7K	$570K	20x	as long as short
Binance AMDUSDT	+0.0408%	8h	612.47	+0.003%	$73.0M	$194.4M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0408%	1h	612.48	+0.005%	$459K	$3.4M	10x
GRVT AMD_USDT_Perp	+0.0552%	8h	613.02	+0.093%	$21K	$215K	10x	as long as short
Arcus AMD-USD	+0.0592%	1h	612.24	−0.034%	$121K	$211K	10x	as long as short