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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0185%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h −0.029%
Price spread now: Deribit against Nado+0.071%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.071%, 7d avg −0.004%
Together, before fees−0.201%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.075% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.004%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.019% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AMD-PERP618.580.0082pay 0.0010% / 1h30m 38s$265K$234K10x
ShortDeribit AMD_USDC-PERPETUAL619.020.0267get 0.0033% / 1h30m 38s$77K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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
$38.82
Price spread: +0.071% → −0.004%
$7.49
Slippage, 4 orders
−$23.92
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$8.39
Costs to cover
0.379%
Break-even
5.5 days
Slippage from Nado: live order book, 22 min ago; Deribit: live order book, 23 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 Nado live order book, 22 min ago3.70 bp11.3 bp −$1131.4 bp −$314doesn't fitdoesn't fit
Sell Deribit live order book, 23 min ago0.08 bp7.8 bp −$810.4 bp −$104doesn'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−0.0866%4h618.51−0.012%$78K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h619.93+0.218%$4.5M$13.7M50xas long as short
Bitget AMDUSDT0.0000%8h620.00+0.230%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h619.64+0.171%$1K$8.2M10xas long as short
HTX AMD-USDT0.0000%8h619.52+0.152%$118K$622K20xas long as short
Phemex AMDUSDT0.0000%8h619.11+0.086%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h619.16+0.094%$831K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h619.05+0.076%$2K$57K12xas long as short
Arcus AMD-USD+0.0040%1h619.28+0.113%$144K$265K10xas long as short
QFEX AMD-USD+0.0049%1h619.83+0.202%$2.1M$11.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h619.12+0.087%$397K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h619.43+0.138%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.11+0.086%$1.3M$4.4M10xas long as short
Lighter AMD+0.0056%1h619.45+0.141%$547K$2.5M10xas long as short
Vest AMD-USD-PERP+0.0062%1h620.25+0.270%$923K25xas long as short
Nado AMD-PERPlong+0.0082%1h618.58long leg$265K$234K10x
Coinbase International AMD-PERP-INTX+0.0088%1h617.90−0.110%$313K$1.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h619.26+0.110%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h618.88+0.049%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h619.45+0.141%$370$6K10xas long as short
tradeXYZ xyz:AMD+0.0121%1h619.47+0.144%$23.5M$94.4M10xas long as short
Phoenix AMD+0.0141%1h618.73+0.024%$2K$90K10xas long as short
Aster AMDUSDT+0.0173%8h619.38+0.129%$70K$414K50xas long as short
OKX AMD-USDT-SWAP+0.0208%8h619.79+0.196%$6.8M$28.2M25xas long as short
Aevo AMD-PERP+0.0216%1h619.67+0.176%$11K10xas long as short
GRVT AMD_USDT_Perp+0.0238%8h618.78+0.032%$17K$157K10xas long as short
Deribit AMD_USDC-PERPETUALshort+0.0267%1h619.02+0.071%$77K$151K10x
Variational Omni AMD+0.0452%8h619.69+0.179%$2.5M$3.3Mas long as short
BloFin AMD-USDT+0.0519%8h619.85+0.205%$6K$549K20xas long as short
Binance AMDUSDT+0.0524%8h620.08+0.243%$72.7M$196.0M25xas long as short
Extended AMD_24_5-USD+0.0528%1h619.74+0.187%$461K$1.9M10xas long as short