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+0.0869%/8h= +95.1% APRnext payment +$1.09 per $10,000 · paid last 24h +0.102%
Price spread now: Arcus against Polymarket Perps+0.032%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.120%+$12 on $10k
Price spread, last 3 days (all we have)−0.167%−$17 · spread now +0.032%, 7d avg +0.008%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Arcus is 0.024% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.120% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMD-USD619.910.0050pay 0.0006% / 1h22m 07s$395K$1.6M10x
ShortArcus AMD-USD620.110.0919get 0.0115% / 1h22m 07s$145K$265K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket 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
$182.39
Price spread: +0.032% → +0.008%
$2.38
Slippage, 4 orders
−$12.92
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$159.36
Costs to cover
0.254%
Break-even
0.9 days
Slippage from Polymarket Perps: live order book, 1 min ago; Arcus: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 1 min ago2.02 bp6.0 bp −$66.0 bp −$608.6 bp −$863doesn't fit
Sell Arcus live order book, 56 min ago3.47 bp7.1 bp −$77.6 bp −$76doesn'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−0.0814%4h620.20+0.046%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.52+0.098%$4.4M$13.6M50xas long as short
SunX AMD-USDT0.0000%8h620.38+0.076%$2K$8.9M10xas long as short
HTX AMD-USDT0.0000%8h620.24+0.053%$132K$581K20xas long as short
Phemex AMDUSDT0.0000%8h620.51+0.097%$1.8M$459K10xas long as short
Lighter RH AMD+0.0032%1h619.95+0.006%$835K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.321%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h621.20+0.208%$950K25xas long as short
Polymarket Perps AMD-USDlong+0.0050%1h619.91long leg$395K$1.6M10x
Ondo Perps AMD-USD.P+0.0050%1h619.38−0.085%$1.5M$4.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h620.20+0.047%$2.3M$13.5M10xas long as short
Coinbase International AMD-PERP-INTX+0.0080%1h619.67−0.039%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0081%1h620.28+0.060%$25K$24K10xas long as short
KuCoin AMDUSDTM+0.0100%8h619.96+0.008%$1.9M$314K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.22+0.050%$80K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.23+0.052%$378$6K10xas long as short
tradeXYZ xyz:AMD+0.0119%1h619.89−0.003%$24.8M$94.5M10xas long as short
Lighter AMD+0.0144%1h620.02+0.018%$525K$2.5M10xas long as short
OKX AMD-USDT-SWAP+0.0150%8h620.32+0.066%$6.8M$28.6M25xas long as short
Phoenix AMD+0.0207%1h620.08+0.027%$2K$92K10xas long as short
Aster AMDUSDT+0.0207%8h620.36+0.072%$72K$416K50xas long as short
Aevo AMD-PERP+0.0216%1h620.58+0.108%$11K10xas long as short
Nado AMD-PERP+0.0460%1h619.64−0.043%$317K$167K10xas long as short
GRVT AMD_USDT_Perp+0.0481%8h620.15+0.039%$17K$133K10xas long as short
Variational Omni AMD+0.0496%8h620.15+0.039%$2.7M$3.2Mas long as short
Bitget AMDUSDT+0.0539%8h620.25+0.055%$10.1M$18.0M20xas long as short
Binance AMDUSDT+0.0543%8h620.46+0.089%$75.5M$192.4M25xas long as short
Extended AMD_24_5-USD+0.0544%1h620.32+0.066%$464K$1.5M10xas long as short
BloFin AMD-USDT+0.0551%8h620.48+0.092%$6K$545K20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0605%1h620.13+0.035%$77K$163K10xas long as short
Arcus AMD-USDshort+0.0919%1h620.11+0.032%$145K$265K10x