Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0225%/8h= +24.7% APRnext payment +$2.25 per $10,000 · paid last 24h +0.027%
Price spread now: Aster against SunX−0.060%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2762.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.060%, 7d avg −0.012%
Together, before fees+0.319%+ Points / potential airdropAster: Stage 5 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.048% cheaper against SunX than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.012%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.089% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 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
LongSunX AMD-USDT622.080get 0.0000% / 8h3h 53m$2K$8.3M10x
ShortAster AMDUSDT621.710.0225get 0.0225% / 8h3h 53m$72K$412K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$47.28
Price spread: −0.060% → −0.012%
−$4.8
Slippage, 4 orders
−$259.81
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$233.34
Costs to cover
2.758%
Break-even
41.5 days
Slippage from SunX: live order book, 5 min ago; Aster: live order book, 63 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 SunX live order book, 5 min ago44.89 bp127.5 bp −$128doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 63 min ago2.17 bp6.8 bp −$7doesn't fitdoesn'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−0.0479%4h622.32+0.039%$79K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h622.03−0.008%$4.5M$13.6M50xas long as short
Bitget AMDUSDT0.0000%8h622.03−0.008%$10.3M$17.1M20xas long as short
SunX AMD-USDTlong0.0000%8h622.08long leg$2K$8.3M10x
HTX AMD-USDT0.0000%8h621.73−0.056%$118K$622K20xas long as short
Phemex AMDUSDT0.0000%8h621.47−0.098%$1.8M$459K10xas long as short
Lighter AMD+0.0032%1h621.71−0.059%$554K$2.5M10xas long as short
Lighter RH AMD+0.0032%1h621.63−0.072%$846K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.665%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h622.29+0.034%$145K$266K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMD-USD+0.0049%1h621.80−0.045%$2.1M$11.6M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.61−0.076%$398K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h621.77−0.050%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.05−0.166%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0065%1h623.22+0.183%$923K25xas long as short
Deribit AMD_USDC-PERPETUAL+0.0072%1h621.50−0.093%$77K$151K10xas long as short
Coinbase International AMD-PERP-INTX+0.0088%1h621.55−0.085%$316K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.72−0.058%$1.9M$291K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.01−0.011%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.77−0.050%$372$6K10xas long as short
Nado AMD-PERP+0.0113%1h621.41−0.108%$268K$230K10xas long as short
tradeXYZ xyz:AMD+0.0168%1h621.67−0.066%$23.6M$94.3M10xas long as short
Phoenix AMD+0.0206%1h622.28+0.032%$2K$90K10xas long as short
Aevo AMD-PERP+0.0224%1h622.13+0.009%$11K10xas long as short
Aster AMDUSDTshort+0.0225%8h621.71−0.060%$72K$412K50x
OKX AMD-USDT-SWAP+0.0228%8h621.93−0.024%$6.9M$28.2M25xas long as short
GRVT AMD_USDT_Perp+0.0299%8h622.39+0.050%$18K$151K10xas long as short
Variational Omni AMD+0.0512%8h622.03−0.009%$2.6M$3.3Mas long as short
BloFin AMD-USDT+0.0549%8h621.92−0.026%$7K$550K20xas long as short
Binance AMDUSDT+0.0575%8h621.88−0.032%$72.9M$196.0M25xas long as short
Extended AMD_24_5-USD+0.0576%1h621.71−0.060%$464K$1.9M10xas long as short