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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.153%
Price spread now: Arcus against Phemex−0.109%7-day average −0.046% · 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 4 days (all we have)+0.219%+$22 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.109%, 7d avg −0.046%
Together, before fees+0.319%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.064% cheaper against Phemex than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.046%). If the spread goes back, that is −$6 on $10k: about 5.3 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.219% in total) that is about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT613.650get 0.0000% / 8h1h 00m$1.7M$465K10x
ShortArcus AMD-USD612.980.0040get 0.0005% / 1h0m 50s$132K$281K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
$8.46
Price spread: −0.109% → −0.046%
−$6.36
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$14.4
Costs to cover
0.165%
Break-even
18.9 days
Slippage unknown: Phemex: live order book, 2 min ago; Arcus: live order book, 42 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, 2 min ago9.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Arcus live order book, 42 min ago3.27 bp11.0 bp −$1114.6 bp −$146doesn'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
Bitget AMDUSDT−0.0361%8h613.57−0.013%$10.3M$17.4M20xas long as short
edgeX AMDUSDC−0.0027%4h612.92−0.118%$72K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h613.40−0.041%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h613.38−0.044%$4.5M$14.5M50xas long as short
SunX AMD-USDT0.0000%8h613.46−0.031%$1K$8.1M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h612.82−0.135%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h613.40−0.041%$101K$639K20xas long as short
Phemex AMDUSDTlong0.0000%8h613.65long leg$1.7M$465K10x
Lighter AMD+0.0032%1h613.18−0.077%$521K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h613.14−0.083%$807K$4.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USDshort+0.0040%1h612.98−0.109%$132K$281K10x
Vest AMD-USD-PERP+0.0046%1h614.09+0.072%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.62−0.168%$22.2M$96.1M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h612.92−0.119%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h612.93−0.117%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0067%1h613.44−0.034%$2.1M$11.6M10xas long as short
Injective AMD/USDC PERP+0.0067%1h551.12−10.190%$2K$59K12xas long as short
OKX AMD-USDT-SWAP+0.0082%8h613.33−0.052%$6.6M$29.5M25xas long as short
SoDEX AMD-USD+0.0085%1h613.25−0.065%$25K$24K10xas long as short
KuCoin AMDUSDTM+0.0100%8h612.99−0.108%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h612.69−0.156%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.22−0.070%$367$6K10xas long as short
Nado AMD-PERP+0.0115%1h612.93−0.117%$255K$241K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h612.56−0.178%$312K$1.9M10xas long as short
Phoenix AMD+0.0143%1h612.70−0.155%$2K$90K10xas long as short
Aevo AMD-PERP+0.0152%1h613.57−0.013%$11K10xas long as short
GRVT AMD_USDT_Perp+0.0179%8h612.98−0.109%$20K$178K10xas long as short
Variational Omni AMD+0.0207%8h613.29−0.059%$2.0M$3.8Mas long as short
BloFin AMD-USDT+0.0267%8h613.51−0.023%$6K$554K20xas long as short
Binance AMDUSDT+0.0295%8h613.29−0.059%$72.1M$204.8M25xas long as short
Extended AMD_24_5-USD+0.0296%1h613.10−0.090%$460K$3.1M10xas long as short