Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Phemex against Ondo Perps+0.258%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 3 days (all we have)−0.237%−$24 · spread now +0.258%, 7d avg +0.109%
Together, before fees−0.384%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.149% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.258% now, against its 7-day average of +0.109%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AMD-USD.P620.230.0050pay 0.0006% / 1h17m 45s$1.5M$4.2M10x
ShortPhemex AMDUSDT621.830get 0.0000% / 8h6h 17m$1.8M$460K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$10.58
Price spread: +0.258% → +0.109%
$14.93
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$12.65
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Phemex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Phemex live order book, 5 min ago12.56 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0959%4h621.23+0.162%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.87+0.264%$1K$8.4M10xas long as short
HTX AMD-USDT0.0000%8h621.78+0.250%$122K$597K20xas long as short
Phemex AMDUSDTshort0.0000%8h621.83+0.258%$1.8M$460K10x
Lighter RH AMD+0.0032%1h621.34+0.179%$847K$4.4M10xas long as short
Gate AMD_USDT+0.0032%8h621.66+0.231%$4.5M$13.3M50xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.372%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.21+0.158%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.00+0.124%$396K$1.5M10xas long as short
Ondo Perps AMD-USD.Plong+0.0050%1h620.23long leg$1.5M$4.2M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0060%1h622.28+0.331%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.42+0.192%$2.2M$12.5M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.95+0.116%$1.9M$288K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.19+0.155%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.76+0.247%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h620.27+0.006%$311K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0175%1h621.08+0.137%$25.1M$93.6M10xas long as short
Lighter AMD+0.0176%1h621.47+0.200%$550K$2.4M10xas long as short
SoDEX AMD-USD+0.0235%1h621.39+0.187%$25K$24K10xas long as short
Phoenix AMD+0.0244%1h620.80+0.092%$2K$90K10xas long as short
Aevo AMD-PERP+0.0280%1h621.83+0.258%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0288%8h621.31+0.174%$6.9M$28.1M25xas long as short
Bitget AMDUSDT+0.0343%8h621.76+0.247%$10.3M$17.3M20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0394%1h621.25+0.164%$77K$151K10xas long as short
Nado AMD-PERP+0.0415%1h620.56+0.054%$268K$206K10xas long as short
Aster AMDUSDT+0.0416%8h621.62+0.223%$72K$413K50xas long as short
Variational Omni AMD+0.0733%8h621.00+0.123%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0784%1h621.47+0.201%$463K$1.9M10xas long as short
Binance AMDUSDT+0.0787%8h621.64+0.228%$75.5M$190.4M25xas long as short
GRVT AMD_USDT_Perp+0.0884%8h621.78+0.251%$18K$133K10xas long as short