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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.042%
Price spread now: Coinbase International against Phemex−0.081%7-day average −0.129% · 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+0.158%+$16 on $10k
Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.081%, 7d avg −0.129%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.048% dearer against Phemex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.129%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AMDUSDT616.910get 0.0000% / 8h1h 48m$1.7M$460K10x
ShortCoinbase International AMD-PERP-INTX616.410.0072get 0.0009% / 1h48m 49s$310K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$15.12
Price spread: −0.081% → −0.129%
$4.77
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$2.11
Costs to cover
0.220%
Break-even
8.0 days
Slippage unknown: Phemex: live order book, 4 min ago; Coinbase International: 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 Phemex live order book, 4 min ago7.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago2.76 bp7.8 bp −$811.7 bp −$117doesn'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−0.0456%4h617.00+0.014%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h616.89−0.003%$4.3M$13.2M50xas long as short
SunX AMD-USDT0.0000%8h617.06+0.024%$1K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h616.61−0.049%$127K$577K20xas long as short
Phemex AMDUSDTlong0.0000%8h616.91long leg$1.7M$460K10x
OKX AMD-USDT-SWAP+0.0005%8h616.82−0.015%$6.8M$28.5M25xas long as short
Lighter RH AMD+0.0032%1h616.38−0.086%$826K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.841%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h617.38+0.076%$949K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h616.55−0.058%$406K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h615.97−0.152%$1.4M$4.8M10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0072%1h616.41−0.081%$310K$1.8M10x
QFEX AMD-USD+0.0080%1h616.88−0.005%$2.3M$13.2M10xas long as short
Aster AMDUSDT+0.0085%8h616.93+0.003%$71K$414K50xas long as short
tradeXYZ xyz:AMD+0.0092%1h616.26−0.105%$24.9M$95.7M10xas long as short
KuCoin AMDUSDTM+0.0100%8h616.28−0.102%$1.9M$323K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h616.89−0.003%$79K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h616.73−0.029%$376$6K10xas long as short
Phoenix AMD+0.0169%1h616.50−0.066%$2K$94K10xas long as short
Aevo AMD-PERP+0.0184%1h617.10+0.031%$11K10xas long as short
SoDEX AMD-USD+0.0210%1h616.79−0.019%$25K$24K10xas long as short
Lighter AMD+0.0216%1h616.52−0.063%$539K$2.6M10xas long as short
GRVT AMD_USDT_Perp+0.0360%8h616.98+0.012%$18K$140K10xas long as short
Variational Omni AMD+0.0374%8h617.01+0.017%$2.7M$3.1Mas long as short
BloFin AMD-USDT+0.0407%8h617.04+0.021%$6K$541K20xas long as short
Nado AMD-PERP+0.0421%1h615.96−0.154%$314K$166K10xas long as short
Extended AMD_24_5-USD+0.0432%1h617.00+0.015%$456K$1.5M10xas long as short
Binance AMDUSDT+0.0434%8h617.05+0.023%$75.0M$192.9M25xas long as short
Bitget AMDUSDT+0.0478%8h616.83−0.013%$10.1M$18.2M20xas long as short
Arcus AMD-USD+0.0780%1h616.69−0.036%$142K$282K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0854%1h616.67−0.039%$77K$163K10xas long as short