Funding you earn now, next payment 22:00 UTC+0.0341%/8h= +37.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.071%
Price spread now: Nado against Coinbase International+0.034%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 3 days (all we have)+0.126%+$13 · spread now +0.034%, 7d avg +0.096%
=Together, before fees+0.222%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.062% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.096%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.097% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.097% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 618.86 | 0.0072 | pay 0.0009% / 1h | 8m 57s | $311K | $1.8M | 10x |
| Short | Nado AMD-PERP | 619.07 | 0.0413 | get 0.0052% / 1h | 8m 57s | $316K | $166K | 10x |
Coinbase International AMD-PERP-INTX
Nado AMD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $71.67
- Price spread: +0.034% → +0.096%
- −$6.23
- Slippage, 4 orders
- −$13.39
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $35.05
- Costs to cover
- 0.304%
- Break-even
- 3.6 days
Slippage from Coinbase International: live order book, 5 min ago; Nado: live order book, 9 min ago.
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 Coinbase International live order book, 5 min ago | 2.58 bp | 7.9 bp −$8 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Nado live order book, 9 min ago | 2.34 bp | 6.8 bp −$7 | 31.0 bp −$310 | doesn't fit | doesn't fit |
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 | −0.0521% | 4h | 619.71 | +0.138% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.93 | +0.173% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 619.83 | +0.157% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.52 | +0.107% | $132K | $580K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.38 | +0.084% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.42 | +0.090% | $834K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.154% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.52 | +0.268% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.05 | +0.031% | $1.5M | $4.9M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0054% | 1h | 619.46 | +0.097% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AMD-USDT-SWAP | +0.0066% | 8h | 619.79 | +0.150% | $6.8M | $28.7M | 25x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0072% | 1h | 618.86 | long leg | $311K | $1.8M | 10x | |
| QFEX AMD-USD | +0.0080% | 1h | 619.71 | +0.137% | $2.3M | $13.3M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0094% | 1h | 619.25 | +0.063% | $24.8M | $95.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.46 | +0.097% | $1.9M | $320K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.65 | +0.128% | $378 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 619.21 | +0.057% | $2K | $94K | 10x | as long as short |
| Aster AMDUSDT | +0.0178% | 8h | 619.02 | +0.026% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0192% | 1h | 619.56 | +0.113% | $536K | $2.6M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0194% | 1h | 619.34 | +0.078% | $80K | $259K | 50x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 620.03 | +0.189% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0265% | 1h | 619.71 | +0.137% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERPshort | +0.0413% | 1h | 619.07 | +0.034% | $316K | $166K | 10x | |
| GRVT AMD_USDT_Perp | +0.0453% | 8h | 619.68 | +0.132% | $17K | $137K | 10x | as long as short |
| Variational Omni AMD | +0.0460% | 8h | 619.72 | +0.139% | $2.7M | $3.1M | — | as long as short |
| BloFin AMD-USDT | +0.0493% | 8h | 619.85 | +0.160% | $6K | $546K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0512% | 1h | 619.76 | +0.145% | $458K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0513% | 8h | 619.90 | +0.168% | $75.6M | $193.1M | 25x | as long as short |
| Bitget AMDUSDT | +0.0520% | 8h | 619.62 | +0.123% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0574% | 1h | 619.51 | +0.105% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 619.65 | +0.128% | $145K | $267K | 10x | as long as short |
OKX AMD-USDT-SWAP
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aster AMDUSDT
Lighter AMD
ApeX Omni AMDUSDT
Aevo AMD-PERP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD