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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0290%/8h= −31.8% APRpaid last 24h −0.040%
Price spread now: Deribit against Variational Omni+0.007%7-day average −0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.010%−$1 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.007%, 7d avg −0.034%
Together, before fees+0.016%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.040% dearer against Variational Omni than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.034%): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 4 days (−0.010% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.010% in total (about -1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AMD613.040.0290pay 0.0290% / 8h2h 34m$2.5M$3.3M
ShortDeribit AMD_USDC-PERPETUAL613.080get 0.0000% / 1h34m 43s$76K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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
−$60.96
Price spread: +0.007% → −0.034%
$4.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$63.95
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago2.49 bpdoesn't fit23.1 bp −$231doesn't fitdoesn't fit
Sell Deribit live order book, 14 min ago3.49 bp11.1 bp −$1113.7 bp −$137doesn'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−0.0317%4h613.54+0.082%$73K$1.7M10xas long as short
Bitget AMDUSDT−0.0069%8h613.20+0.026%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h613.00−0.007%$4.4M$14.0M50xas long as short
SunX AMD-USDT0.0000%8h613.48+0.072%$2K$8.2M10xas long as short
Deribit AMD_USDC-PERPETUALshort0.0000%1h613.08+0.007%$76K$151K10x
HTX AMD-USDT0.0000%8h613.42+0.062%$112K$627K20xas long as short
Phemex AMDUSDT0.0000%8h613.49+0.073%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h612.19−0.139%$530K$2.6M10xas long as short
Lighter RH AMD+0.0032%1h612.15−0.145%$810K$4.6M10xas long as short
QFEX AMD-USD+0.0032%1h613.30+0.042%$2.0M$11.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h613.13+0.015%$137K$271K10xas long as short
Vest AMD-USD-PERP+0.0046%1h613.93+0.145%$925K25xas long as short
Aster AMDUSDT+0.0047%8h612.70−0.055%$69K$415K50xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.17−0.142%$23.0M$94.9M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.03−0.002%$401K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h613.37+0.054%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h613.03−0.002%$1.3M$5.0M10xas long as short
Nado AMD-PERP+0.0054%1h612.91−0.021%$255K$239K10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h611.74−0.212%$318K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h612.30−0.121%$1.9M$296K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h613.30+0.042%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.23+0.031%$367$6K10xas long as short
OKX AMD-USDT-SWAP+0.0127%8h612.47−0.093%$6.5M$28.8M25xas long as short
GRVT AMD_USDT_Perp+0.0133%8h613.77+0.120%$19K$166K10xas long as short
Aevo AMD-PERP+0.0176%1h613.48+0.072%$11K10xas long as short
Phoenix AMD+0.0195%1h612.52−0.085%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.069%$2K$59K12xas long as short
Variational Omni AMDlong+0.0290%8h613.04long leg$2.5M$3.3M
BloFin AMD-USDT+0.0355%8h613.48+0.072%$6K$545K20xas long as short
Binance AMDUSDT+0.0376%8h612.64−0.065%$71.4M$201.3M25xas long as short
Extended AMD_24_5-USD+0.0376%1h612.71−0.054%$457K$3.1M10xas long as short