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+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.053%
Price spread now: Nado against Lighter−0.063%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.085%+$9 on $10k
Price spread, last 4 days (all we have)+0.448%+$45 · spread now −0.063%, 7d avg −0.016%
Together, before fees+0.533%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.047% cheaper against Lighter than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.016%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD612.370.0032pay 0.0004% / 1h23m 08s$522K$2.6M10x
ShortNado AMD-PERP611.980.0093get 0.0012% / 1h23m 08s$254K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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
$12.81
Price spread: −0.063% → −0.016%
−$4.7
Slippage, 4 orders
−$15.6
Fee Lighter: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$14.49
Costs to cover
0.226%
Break-even
14.9 days
Slippage from Lighter: live order book, 9 min ago; Nado: live order book, 14 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 Lighter live order book, 9 min ago1.14 bp1.2 bp −$14.0 bp −$4065.0 bp −$6,496doesn't fit
Sell Nado live order book, 14 min ago1.63 bp5.1 bp −$532.1 bp −$321doesn'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−0.0914%4h612.60+0.037%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0271%8h613.24+0.142%$10.4M$17.5M20xas long as short
Injective AMD/USDC PERP−0.0220%1h552.18−9.829%$2K$59K12xas long as short
Aster AMDUSDT0.0000%8h612.45+0.014%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h612.91+0.088%$4.5M$14.5M50xas long as short
SunX AMD-USDT0.0000%8h612.63+0.042%$1K$8.0M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h612.08−0.047%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h612.70+0.054%$100K$635K20xas long as short
Phemex AMDUSDT0.0000%8h612.97+0.098%$1.7M$465K10xas long as short
Lighter AMDlong+0.0032%1h612.37long leg$522K$2.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AMD+0.0032%1h612.30−0.011%$797K$4.8M10xas long as short
Arcus AMD-USD+0.0040%1h612.56+0.031%$129K$285K10xas long as short
Vest AMD-USD-PERP+0.0046%1h613.06+0.113%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.21−0.026%$22.0M$96.1M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h612.08−0.047%$394K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h612.44+0.011%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h611.84−0.087%$1.4M$5.4M10xas long as short
OKX AMD-USDT-SWAP+0.0061%8h612.71+0.056%$6.6M$29.5M25xas long as short
QFEX AMD-USD+0.0069%1h612.370.000%$2.0M$11.5M10xas long as short
Nado AMD-PERPshort+0.0093%1h611.98−0.063%$254K$241K10x
KuCoin AMDUSDTM+0.0100%8h612.29−0.013%$1.9M$302K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h611.92−0.073%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h612.38+0.002%$366$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h612.53+0.026%$312K$1.9M10xas long as short
Aevo AMD-PERP+0.0144%1h612.65+0.045%$11K10xas long as short
Phoenix AMD+0.0157%1h612.30−0.011%$2K$90K10xas long as short
GRVT AMD_USDT_Perp+0.0165%8h612.72+0.058%$19K$179K10xas long as short
Variational Omni AMD+0.0166%8h612.55+0.029%$2.0M$3.8Mas long as short
Extended AMD_24_5-USD+0.0248%1h612.38+0.002%$461K$3.4M10xas long as short
Binance AMDUSDT+0.0251%8h612.64+0.044%$72.0M$204.8M25xas long as short
BloFin AMD-USDT+0.0268%8h612.66+0.047%$6K$554K20xas long as short