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−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Polymarket Perps−0.174%47s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.174%, 7d avg −0.063%
Together, before fees+0.116%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.111% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.063%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMD-USD620.800.0164pay 0.0021% / 1h56m 34s$398K$1.5M10x
ShortCoinbase International AMD-PERP-INTX619.720.0136get 0.0017% / 1h56m 34s$305K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$5.98
Price spread: −0.174% → −0.063%
−$11.14
Slippage, 4 orders
−$15.79
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$50.91
Costs to cover
0.338%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago2.90 bp6.9 bp −$77.0 bp −$708.8 bp −$876doesn't fit
Sell Coinbase International live order book, 2 min ago4.19 bp10.0 bp −$1012.7 bp −$127doesn't fitdoesn't fit

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−0.0439%4h620.98+0.029%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.31+0.082%$1K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h621.14+0.055%$122K$596K20xas long as short
Phemex AMDUSDT0.0000%8h620.65−0.024%$1.8M$460K10xas long as short
Gate AMD_USDT+0.0016%8h621.31+0.082%$4.5M$13.2M50xas long as short
Lighter RH AMD+0.0032%1h620.88+0.013%$852K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.463%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h620.88+0.013%$144K$263K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h620.06−0.119%$1.5M$4.1M10xas long as short
Vest AMD-USD-PERP+0.0057%1h621.99+0.192%$923K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0080%1h621.27+0.076%$2.1M$12.1M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.43−0.060%$1.9M$285K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.47−0.053%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.98+0.029%$371$6K10xas long as short
Coinbase International AMD-PERP-INTXshort+0.0136%1h619.72−0.174%$305K$1.8M10x
Polymarket Perps AMD-USDlong+0.0164%1h620.80long leg$398K$1.5M10x
Bitget AMDUSDT+0.0181%8h621.32+0.084%$10.3M$17.1M20xas long as short
tradeXYZ xyz:AMD+0.0230%1h620.58−0.035%$25.1M$93.6M10xas long as short
Phoenix AMD+0.0244%1h620.78−0.003%$2K$89K10xas long as short
Aevo AMD-PERP+0.0272%1h621.50+0.113%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0291%8h620.96+0.026%$6.9M$27.9M25xas long as short
Lighter AMD+0.0328%1h620.89+0.014%$549K$2.4M10xas long as short
Nado AMD-PERP+0.0390%1h620.47−0.053%$268K$209K10xas long as short
Aster AMDUSDT+0.0406%8h621.15+0.056%$72K$412K50xas long as short
SoDEX AMD-USD+0.0484%1h621.06+0.042%$25K$24K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0685%1h620.79−0.002%$77K$151K10xas long as short
Variational Omni AMD+0.0722%8h620.89+0.015%$2.6M$3.3Mas long as short
GRVT AMD_USDT_Perp+0.0758%8h620.31−0.079%$18K$134K10xas long as short
Binance AMDUSDT+0.0783%8h621.30+0.081%$75.5M$190.0M25xas long as short
Extended AMD_24_5-USD+0.0784%1h621.16+0.059%$463K$1.9M10xas long as short