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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h +0.057%
Price spread now: Nado against Aster−0.127%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as 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 3 days (all we have)+0.084%+$8 on $10k
Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.127%, 7d avg −0.021%
Together, before fees+0.325%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.107% cheaper against Aster than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.021%). If the spread goes back, that is −$11 on $10k: about 30 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.084% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.084% in total (about 10.0% 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
LongAster AMDUSDT615.890.0052pay 0.0052% / 8h2h 45m$71K$411K50x
ShortNado AMD-PERP615.100.0340get 0.0043% / 1h45m 15s$289K$154K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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
$60.5
Price spread: −0.127% → −0.021%
−$10.69
Slippage, 4 orders
−$21.94
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$12.87
Costs to cover
0.369%
Break-even
5.5 days
Slippage from Aster: live order book, 42 min ago; Nado: live order book, 42 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 Aster live order book, 42 min ago2.03 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 42 min ago1.95 bp5.6 bp −$633.8 bp −$338doesn'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−0.0948%4h615.890.000%$81K$1.6M10xas long as short
OKX AMD-USDT-SWAP0.0000%8h615.37−0.084%$6.7M$28.4M25xas long as short
Gate AMD_USDT0.0000%8h615.62−0.043%$4.3M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h615.78−0.017%$1K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h615.64−0.040%$127K$584K20xas long as short
Phemex AMDUSDT0.0000%8h615.77−0.019%$1.7M$455K10xas long as short
Lighter RH AMD+0.0032%1h615.45−0.071%$857K$4.7M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.677%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h616.39+0.082%$948K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h615.10−0.128%$24.9M$95.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h615.42−0.076%$409K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h615.07−0.133%$1.4M$4.7M10xas long as short
Aster AMDUSDTlong+0.0052%8h615.89long leg$71K$411K50x
Lighter AMD+0.0072%1h615.52−0.060%$600K$2.6M10xas long as short
QFEX AMD-USD+0.0080%1h615.87−0.003%$2.3M$13.1M10xas long as short
KuCoin AMDUSDTM+0.0100%8h615.22−0.108%$1.9M$328K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h615.77−0.019%$79K$259K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h615.67−0.035%$376$11K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h615.04−0.138%$311K$1.8M10xas long as short
SoDEX AMD-USD+0.0121%1h615.49−0.064%$25K$24K10xas long as short
Phoenix AMD+0.0156%1h615.26−0.102%$2K$94K10xas long as short
Aevo AMD-PERP+0.0176%1h615.95+0.011%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0303%1h615.42−0.076%$77K$163K10xas long as short
GRVT AMD_USDT_Perp+0.0320%8h615.85−0.005%$17K$142K10xas long as short
Variational Omni AMD+0.0339%8h615.86−0.005%$2.7M$3.1Mas long as short
Nado AMD-PERPshort+0.0340%1h615.10−0.127%$289K$154K10x
BloFin AMD-USDT+0.0376%8h615.87−0.003%$6K$539K20xas long as short
Extended AMD_24_5-USD+0.0392%1h615.74−0.024%$456K$1.5M10xas long as short
Binance AMDUSDT+0.0395%8h615.80−0.014%$74.8M$192.7M25xas long as short
Bitget AMDUSDT+0.0442%8h615.73−0.026%$10.0M$18.2M20xas long as short
Arcus AMD-USD+0.1053%1h615.69−0.032%$143K$266K10xas long as short