Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.098%

Price spread now: Gate against Nado+0.143%7-day average +0.011% · 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−$33as in the Price arb table

costs, in and out, $10k−$470.465% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.149%−$15 on $10k

Price spread, last 3 days (all we have)−0.224%−$22 · spread now +0.143%, 7d avg +0.011%

Together, before fees−0.373%+ Points / potential airdropNado: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.133% dearer against Nado than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.011%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMD-PERP	622.61	0.0434	pay 0.0054% / 1h	16m 06s	$318K	$173K	10x
Short	Gate AMD_USDT	623.50	0.0247	get 0.0247% / 8h	7h 16m	$4.5M	$13.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee NadobpFee GatebpOrdersPrice spread, now +0.143%Rate

Funding earned: −$39.18
Price spread: +0.143% → +0.011%: $13.28
Slippage, 4 orders: −$24.53
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$72.42
Costs to cover: 0.465%
Break-even: never at this rate

Slippage from Nado: live order book, 57 min ago; Gate: live order book, 3 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 Nado live order book, 57 min ago	2.26 bp	8.8 bp −$9	20.6 bp −$206	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.41 bp	12.6 bp −$13	143.5 bp −$1,435	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	−0.0978%	4h	622.87	+0.042%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.45	+0.135%	$1K	$8.6M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.97	+0.058%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.88	+0.044%	$855K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.749%	$5K	$55K	12x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.10	−0.081%	$1.5M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0056%	1h	624.33	+0.277%	—	$925K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	623.36	+0.121%	$2.2M	$13.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.66	+0.009%	$1.9M	$310K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.38	+0.124%	$373	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.03	−0.093%	$308K	$1.8M	10x	as long as short
Lighter AMD	+0.0184%	1h	623.00	+0.063%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0219%	1h	622.32	−0.046%	$2K	$92K	10x	as long as short
Gate AMD_USDTshort	+0.0247%	8h	623.50	+0.143%	$4.5M	$13.5M	50x
Aevo AMD-PERP	+0.0264%	1h	623.74	+0.181%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0272%	8h	623.24	+0.102%	$6.9M	$28.2M	25x	as long as short
Polymarket Perps AMD-USD	+0.0273%	1h	623.08	+0.076%	$397K	$1.5M	10x	as long as short
tradeXYZ xyz:AMD	+0.0297%	1h	622.64	+0.005%	$25.2M	$93.1M	10x	as long as short
SoDEX AMD-USD	+0.0344%	1h	623.46	+0.137%	$26K	$24K	10x	as long as short
Aster AMDUSDT	+0.0372%	8h	622.12	−0.078%	$72K	$416K	50x	as long as short
Nado AMD-PERPlong	+0.0434%	1h	622.61	long leg	$318K	$173K	10x
ApeX Omni AMDUSDT	+0.0474%	1h	622.73	+0.020%	$80K	$258K	50x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0489%	1h	623.02	+0.066%	$78K	$151K	10x	as long as short
HTX AMD-USDT	+0.0512%	8h	623.28	+0.108%	$132K	$579K	20x	as long as short
Variational Omni AMD	+0.0685%	8h	623.30	+0.111%	$2.6M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0700%	8h	623.30	+0.111%	$6K	$551K	20x	as long as short
Bitget AMDUSDT	+0.0708%	8h	623.38	+0.124%	$10.3M	$17.5M	20x	as long as short
Binance AMDUSDT	+0.0733%	8h	623.37	+0.123%	$75.9M	$190.7M	25x	as long as short
Extended AMD_24_5-USD	+0.0736%	1h	623.23	+0.101%	$463K	$1.9M	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.05	+0.071%	$145K	$264K	10x	as long as short
GRVT AMD_USDT_Perp	+0.1452%	8h	623.02	+0.066%	$18K	$130K	10x	as long as short