Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.094%

Price spread now: edgeX against QFEX−0.018%57s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.525% of the position

Long on QFEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.046%−$5 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.018%, 7d avg +0.015%

Together, before fees−0.037%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.033% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.015%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX AMD-USD	624.31	0.0080	pay 0.0010% / 1h	4m 35s	$2.2M	$12.9M	10x
Short	edgeX AMDUSDC	624.20	−0.0019	pay 0.0009% / 4h	3h 04m	$82K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against QFEX. 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 QFEXbpFee edgeXbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$20.76
Price spread: −0.018% → +0.015%: −$3.25
Slippage, 4 orders: −$33.55
Fee QFEX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$76.56
Costs to cover: 0.525%
Break-even: never at this rate

Slippage from QFEX: live order book, 4 min ago; edgeX: live order book, 4 min ago.

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 QFEX live order book, 4 min ago	1.92 bp	7.1 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	10.74 bp	20.9 bp −$21	42.7 bp −$427	doesn't fit	doesn't fit

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 AMDUSDCshort	−0.0019%	4h	624.20	−0.018%	$82K	$1.6M	10x
SunX AMD-USDT	0.0000%	8h	624.26	−0.008%	$2K	$8.5M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.79	−0.083%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	623.86	−0.072%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−2.017%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	623.12	−0.191%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	624.94	+0.101%	—	$925K	25x	as long as short
QFEX AMD-USDlong	+0.0080%	1h	624.31	long leg	$2.2M	$12.9M	10x
KuCoin AMDUSDTM	+0.0100%	8h	623.75	−0.090%	$1.9M	$300K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	624.22	−0.014%	$373	$6K	10x	as long as short

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	623.02	−0.207%	$300K	$1.8M	10x	as long as short
Lighter AMD	+0.0176%	1h	623.97	−0.054%	$546K	$2.4M	10x	as long as short
Phoenix AMD	+0.0219%	1h	623.48	−0.133%	$2K	$92K	10x	as long as short
Polymarket Perps AMD-USD	+0.0235%	1h	623.69	−0.099%	$397K	$1.5M	10x	as long as short
Gate AMD_USDT	+0.0241%	8h	624.38	+0.011%	$4.5M	$13.6M	50x	as long as short
tradeXYZ xyz:AMD	+0.0269%	1h	623.74	−0.091%	$25.3M	$93.2M	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	624.49	+0.029%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0289%	8h	624.14	−0.027%	$7.0M	$28.3M	25x	as long as short
SoDEX AMD-USD	+0.0345%	1h	624.12	−0.030%	$26K	$24K	10x	as long as short
ApeX Omni AMDUSDT	+0.0411%	1h	623.11	−0.192%	$80K	$259K	50x	as long as short
Nado AMD-PERP	+0.0420%	1h	623.19	−0.180%	$318K	$174K	10x	as long as short
Aster AMDUSDT	+0.0423%	8h	622.76	−0.249%	$72K	$416K	50x	as long as short
HTX AMD-USDT	+0.0617%	8h	624.22	−0.014%	$132K	$579K	20x	as long as short
Bitget AMDUSDT	+0.0717%	8h	624.33	+0.003%	$10.4M	$17.5M	20x	as long as short
Variational Omni AMD	+0.0731%	8h	624.04	−0.043%	$2.6M	$3.2M	—	as long as short
Arcus AMD-USD	+0.0782%	1h	623.96	−0.056%	$145K	$264K	10x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	624.23	−0.013%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0791%	8h	624.41	+0.017%	$76.0M	$190.4M	25x	as long as short
BloFin AMD-USDT	+0.0791%	8h	624.15	−0.026%	$6K	$552K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0841%	1h	623.94	−0.059%	$78K	$151K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1482%	8h	623.88	−0.068%	$18K	$131K	10x	as long as short