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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0326%/8h= +35.7% APRnext payment +$0.41 per $10,000 · paid last 24h +0.102%
Price spread now: Extended against tradeXYZ+0.099%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days−0.161%−$16 · spread now +0.099%, 7d avg +0.020%
Together, before fees−0.071%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Extended is 0.080% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.41 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AMD609.750.0082pay 0.0010% / 1h54m 25s$21.3M$95.2M10x
ShortExtended AMD_24_5-USD610.360.0408get 0.0051% / 1h54m 25s$460K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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
$68.46
Price spread: +0.099% → +0.020%
$7.97
Slippage, 4 orders
−$13.87
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$39.55
Costs to cover
0.369%
Break-even
3.0 days
Slippage from tradeXYZ: live order book, 8 min ago; Extended: 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 tradeXYZ live order book, 8 min ago0.98 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.16 bp7.2 bp −$750.5 bp −$505doesn't fitdoesn't fit

AMD on 31 exchanges

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−0.0879%4h610.45+0.114%$74K$1.6M10xas long as short
Bitget AMDUSDT0.0000%8h610.26+0.084%$10.2M$16.1M20xas long as short
SunX AMD-USDT0.0000%8h610.69+0.154%$2K$6.5M10xas long as short
HTX AMD-USDT0.0000%8h610.49+0.121%$87K$693K20xas long as short
Phemex AMDUSDT0.0000%8h610.50+0.123%$1.7M$465K10xas long as short
Lighter RH AMD+0.0032%1h610.11+0.059%$780K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h548.57−10.034%$2K$58K12xas long as short
Vest AMD-USD-PERP+0.0046%1h610.76+0.166%$923K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h610.12+0.061%$393K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h610.15+0.066%$25K$19K10xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h610.09+0.056%$1.4M$5.2M10xas long as short
QFEX AMD-USD+0.0063%1h610.38+0.103%$2.0M$11.1M10xas long as short
tradeXYZ xyz:AMDlong+0.0082%1h609.75long leg$21.3M$95.2M10x
Gate AMD_USDT+0.0084%8h610.77+0.167%$4.7M$14.7M50xas long as short
KuCoin AMDUSDTM+0.0100%8h610.11+0.059%$1.9M$501K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h610.54+0.130%$79K$253K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h610.16+0.067%$365$2K10xas long as short
Aster AMDUSDT+0.0115%8h611.60+0.304%$72K$414K50xas long as short
Phoenix AMD+0.0130%1h610.22+0.077%$2K$74K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0144%1h609.88+0.021%$66K$146K10xas long as short
OKX AMD-USDT-SWAP+0.0147%8h610.36+0.100%$6.9M$30.0M25xas long as short
Coinbase International AMD-PERP-INTX+0.0152%1h609.77+0.003%$293K$1.7M10xas long as short
Lighter AMD+0.0184%1h610.27+0.085%$509K$2.3M10xas long as short
Aevo AMD-PERP+0.0184%1h610.33+0.095%$11K10xas long as short
Nado AMD-PERP+0.0250%1h609.77+0.004%$250K$243K10xas long as short
Variational Omni AMD+0.0337%8h610.53+0.128%$1.9M$3.9Mas long as short
Arcus AMD-USD+0.0387%1h610.48+0.120%$121K$211K10xas long as short
Extended AMD_24_5-USDshort+0.0408%1h610.36+0.099%$460K$3.5M10x
Binance AMDUSDT+0.0412%8h610.33+0.095%$72.8M$194.6M25xas long as short
BloFin AMD-USDT+0.0429%8h610.79+0.171%$7K$566K20xas long as short
GRVT AMD_USDT_Perp+0.0533%8h610.48+0.120%$21K$216K10xas long as short