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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0296%/8h= +32.5% APRpaid last 24h +0.052%
Price spread now: ApeX Omni against Phemex−0.048%77s7-day average −0.012% · you buy dearer than you sell
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+0.270%+$27 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.048%, 7d avg −0.012%
Together, before fees+0.292%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.037% cheaper against Phemex than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.012%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.270% in total) that is about 23 hours. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT620.290get 0.0000% / 8h42m 22s$1.8M$460K10x
ShortApeX Omni AMDUSDT619.990.0296get 0.0037% / 1h42m 22s$80K$259K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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
$62.24
Price spread: −0.048% → −0.012%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$36.56
Costs to cover
0.220%
Break-even
2.9 days
Slippage unknown: Phemex: live order book, 1 min ago; ApeX Omni: live order book, 34 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 Phemex live order book, 1 min ago15.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 34 min ago5.17 bp10.2 bp −$1031.3 bp −$313doesn't fitdoesn't fit

AMD on 31 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−0.0624%4h620.62+0.054%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.41+0.019%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h620.24−0.008%$2K$9.0M10xas long as short
HTX AMD-USDT0.0000%8h620.12−0.027%$132K$581K20xas long as short
Phemex AMDUSDTlong0.0000%8h620.29long leg$1.8M$460K10x
Lighter RH AMD+0.0032%1h619.72−0.092%$835K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.382%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.04+0.121%$950K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.60−0.111%$1.5M$4.8M10xas long as short
Polymarket Perps AMD-USD+0.0057%1h619.84−0.073%$395K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.32+0.005%$2.3M$13.4M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h619.63−0.106%$312K$1.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.02−0.044%$1.9M$314K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h619.99−0.048%$378$6K10xas long as short
OKX AMD-USDT-SWAP+0.0126%8h620.08−0.034%$6.8M$28.6M25xas long as short
tradeXYZ xyz:AMD+0.0134%1h619.56−0.118%$24.8M$94.8M10xas long as short
SoDEX AMD-USD+0.0205%1h620.09−0.032%$25K$24K10xas long as short
Phoenix AMD+0.0207%1h620.31+0.003%$2K$92K10xas long as short
Aevo AMD-PERP+0.0216%1h620.54+0.040%$11K10xas long as short
Aster AMDUSDT+0.0223%8h620.37+0.013%$72K$416K50xas long as short
Lighter AMD+0.0224%1h619.88−0.066%$525K$2.5M10xas long as short
ApeX Omni AMDUSDTshort+0.0296%1h619.99−0.048%$80K$259K50x
GRVT AMD_USDT_Perp+0.0494%8h620.62+0.053%$18K$134K10xas long as short
Variational Omni AMD+0.0503%8h620.85+0.090%$2.7M$3.2Mas long as short
BloFin AMD-USDT+0.0528%8h620.50+0.034%$6K$545K20xas long as short
Nado AMD-PERP+0.0532%1h619.46−0.134%$317K$167K10xas long as short
Bitget AMDUSDT+0.0547%8h620.04−0.040%$10.1M$18.1M20xas long as short
Extended AMD_24_5-USD+0.0552%1h620.12−0.028%$464K$1.5M10xas long as short
Binance AMDUSDT+0.0554%8h620.18−0.018%$75.6M$192.1M25xas long as short
Deribit AMD_USDC-PERPETUAL+0.0719%1h619.86−0.069%$77K$163K10xas long as short
Arcus AMD-USD+0.0919%1h620.08−0.034%$145K$265K10xas long as short