Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h 0.000%

Price spread now: Orderly against SoDEX+0.033%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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 0.033% dearer against SoDEX than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AMD-USD	608.39	0.0135	pay 0.0017% / 1h	18m 50s	$25K	$20K	10x
Short	Orderly PERP_AMD_USDC_mythos	608.59	0.0100	get 0.0100% / 8h	7h 18m	$364	$6K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SoDEX. 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 SoDEXbpFee OrderlybpOrdersPrice spread, now +0.033%Rate

Funding earned: −$7.31
Price spread: +0.033% → 0.000%: $3.29
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.02
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

SoDEX and 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	−0.0676%	4h	607.35	−0.172%	$73K	$1.7M	10x	as long as short
Injective AMD/USDC PERP	−0.0220%	1h	551.13	−9.412%	$2K	$59K	12x	as long as short
Bitget AMDUSDT	−0.0011%	8h	608.58	+0.031%	$10.0M	$16.6M	20x	as long as short
Aster AMDUSDT	0.0000%	8h	607.51	−0.145%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	608.53	+0.023%	$4.6M	$15.0M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	608.75	+0.059%	$2K	$7.8M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	608.03	−0.059%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	608.60	+0.035%	$101K	$651K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	608.62	+0.038%	$1.7M	$465K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	608.29	−0.016%	$789K	$4.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AMD	+0.0040%	1h	608.29	−0.016%	$521K	$2.5M	10x	as long as short
Arcus AMD-USD	+0.0040%	1h	608.58	+0.031%	$122K	$280K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	608.67	+0.046%	—	$924K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	608.15	−0.039%	$21.1M	$97.3M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	608.41	+0.003%	$392K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	607.96	−0.071%	$1.4M	$5.4M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0070%	8h	608.50	+0.018%	$6.7M	$29.6M	25x	as long as short
Nado AMD-PERP	+0.0073%	1h	608.37	−0.004%	$250K	$245K	10x	as long as short
QFEX AMD-USD	+0.0076%	1h	608.36	−0.005%	$2.0M	$11.4M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	607.88	−0.084%	$1.8M	$358K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	607.47	−0.151%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythosshort	+0.0100%	8h	608.59	+0.033%	$364	$6K	10x
Phoenix AMD	+0.0118%	1h	607.00	−0.228%	$2K	$90K	10x	as long as short
SoDEX AMD-USDlong	+0.0135%	1h	608.39	long leg	$25K	$20K	10x
Aevo AMD-PERP	+0.0136%	1h	608.58	+0.031%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0144%	8h	607.89	−0.082%	$2.0M	$3.8M	—	as long as short
Coinbase International AMD-PERP-INTX	+0.0152%	1h	604.73	−0.602%	$306K	$1.8M	10x	as long as short
BloFin AMD-USDT	+0.0200%	8h	608.49	+0.016%	$6K	$551K	20x	as long as short
Binance AMDUSDT	+0.0229%	8h	608.45	+0.010%	$71.8M	$205.9M	25x	as long as short
Extended AMD_24_5-USD	+0.0232%	1h	608.30	−0.015%	$455K	$3.4M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0292%	8h	607.25	−0.188%	$19K	$188K	10x	as long as short