Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h +0.011%

Price spread now: Orderly against Polymarket Perps+0.048%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.048% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	623.65	0.0328	pay 0.0041% / 1h	28m 25s	$397K	$1.5M	10x
Short	Orderly PERP_AMD_USDC_mythos	623.95	0.0100	get 0.0100% / 8h	7h 28m	$373	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee OrderlybpOrdersPrice spread, now +0.048%Rate

Funding earned: −$47.88
Price spread: +0.048% → 0.000%: $4.81
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$57.07
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 5 min ago	0.16 bp	6.2 bp −$6	6.3 bp −$63	10.0 bp −$1,000	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMDUSDC	−0.0861%	4h	622.61	−0.166%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	624.08	+0.069%	$1K	$8.6M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.41	−0.038%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.34	−0.050%	$853K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.913%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.83	−0.131%	$1.5M	$4.4M	10x	as long as short
Vest AMD-USD-PERP	+0.0052%	1h	624.62	+0.156%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.87	+0.035%	$2.3M	$13.1M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	623.44	−0.034%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	623.95	+0.048%	$373	$6K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	623.04	−0.098%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0176%	1h	623.48	−0.027%	$540K	$2.3M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.89	−0.122%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	624.29	+0.102%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0251%	8h	623.84	+0.030%	$6.9M	$28.3M	25x	as long as short
Gate AMD_USDT	+0.0305%	8h	624.23	+0.093%	$4.5M	$13.5M	50x	as long as short
Polymarket Perps AMD-USDlong	+0.0328%	1h	623.65	long leg	$397K	$1.5M	10x
Aster AMDUSDT	+0.0329%	8h	622.55	−0.176%	$72K	$416K	50x	as long as short
tradeXYZ xyz:AMD	+0.0341%	1h	623.51	−0.022%	$25.2M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0369%	1h	623.74	+0.014%	$26K	$24K	10x	as long as short
Nado AMD-PERP	+0.0436%	1h	622.93	−0.115%	$318K	$172K	10x	as long as short
HTX AMD-USDT	+0.0501%	8h	623.62	−0.005%	$132K	$579K	20x	as long as short
ApeX Omni AMDUSDT	+0.0505%	1h	622.27	−0.221%	$80K	$258K	50x	as long as short
Variational Omni AMD	+0.0628%	8h	622.64	−0.162%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0666%	8h	623.75	+0.016%	$6K	$551K	20x	as long as short
Extended AMD_24_5-USD	+0.0680%	1h	624.05	+0.063%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0681%	8h	624.18	+0.085%	$76.1M	$190.7M	25x	as long as short
Bitget AMDUSDT	+0.0722%	8h	624.18	+0.085%	$10.4M	$17.5M	20x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.00	−0.104%	$145K	$264K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0922%	1h	623.80	+0.024%	$78K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1419%	8h	622.68	−0.156%	$18K	$130K	10x	as long as short