Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0544%/8h= +59.6% APRpaid last 24h +0.106%

Price spread now: BloFin against Ondo Perps+0.127%7-day average +0.117% · you sell dearer than you buy

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

Long on Ondo Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 3 days (all we have)−0.113%−$11 · spread now +0.127%, 7d avg +0.117%

Together, before fees−0.026%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.5% 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	Ondo Perps AMD-USD.P	622.40	0.0050	pay 0.0006% / 1h	52m 52s	$1.5M	$4.7M	10x
Short	BloFin AMD-USDT	623.19	0.0594	get 0.0594% / 8h	7h 52m	$6K	$548K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Ondo Perps. 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 Ondo PerpsbpFee BloFinbpOrdersPrice spread, now +0.127%Rate

Funding earned: $114.23
Price spread: +0.127% → +0.117%: $0.95
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $98.18
Costs to cover: 0.170%
Break-even: 1.0 days

Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 18 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell BloFin live order book, 18 min ago	0.08 bp	7.0 bp −$7	11.0 bp −$110	doesn't fit	doesn't fit

Ondo Perps: 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 AMDUSDC	−0.0701%	4h	622.81	+0.066%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.10	+0.112%	$2K	$8.8M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.18	+0.125%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.35	−0.008%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.716%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	623.75	+0.217%	—	$924K	25x	as long as short
Ondo Perps AMD-USD.Plong	+0.0050%	1h	622.40	long leg	$1.5M	$4.7M	10x
QFEX AMD-USD	+0.0080%	1h	623.02	+0.100%	$2.3M	$13.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.17	−0.037%	$1.9M	$313K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.78	+0.061%	$80K	$259K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.86	+0.074%	$380	$6K	10x	as long as short
Lighter AMD	+0.0104%	1h	622.62	+0.035%	$535K	$2.3M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.59	+0.031%	$312K	$1.8M	10x	as long as short
Gate AMD_USDT	+0.0160%	8h	622.91	+0.082%	$4.5M	$13.2M	50x	as long as short
OKX AMD-USDT-SWAP	+0.0200%	8h	622.46	+0.010%	$6.9M	$28.4M	25x	as long as short
Phoenix AMD	+0.0219%	1h	622.53	+0.021%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	621.72	−0.109%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0230%	8h	621.60	−0.129%	$72K	$416K	50x	as long as short
Nado AMD-PERP	+0.0386%	1h	622.26	−0.023%	$319K	$166K	10x	as long as short
HTX AMD-USDT	+0.0457%	8h	622.93	+0.085%	$132K	$579K	20x	as long as short
Variational Omni AMD	+0.0513%	8h	622.74	+0.055%	$2.6M	$3.2M	—	as long as short
Binance AMDUSDT	+0.0573%	8h	622.90	+0.080%	$75.9M	$191.8M	25x	as long as short
Extended AMD_24_5-USD	+0.0576%	1h	622.68	+0.045%	$465K	$1.5M	10x	as long as short
BloFin AMD-USDTshort	+0.0594%	8h	623.19	+0.127%	$6K	$548K	20x
Bitget AMDUSDT	+0.0602%	8h	622.90	+0.080%	$10.1M	$17.6M	20x	as long as short
SoDEX AMD-USD	+0.0716%	1h	622.80	+0.064%	$26K	$24K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.63	+0.037%	$144K	$265K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0940%	1h	622.80	+0.064%	$78K	$151K	10x	as long as short
tradeXYZ xyz:AMD	+0.0957%	1h	622.24	−0.026%	$25.0M	$93.1M	10x	as long as short
Polymarket Perps AMD-USD	+0.1060%	1h	622.88	+0.077%	$397K	$1.5M	10x	as long as short
GRVT AMD_USDT_Perp	+0.1240%	8h	623.24	+0.134%	$17K	$132K	10x	as long as short