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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.068%
Price spread now: KuCoin against Nado+0.116%51s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1831.831% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.060%−$6 on $10k
Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.116%, 7d avg −0.033%
Together, before fees−0.400%+ Points / potential airdropNado: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.150% dearer against Nado than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of −0.033%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 3 days (−0.060% in total) that is about 8.3 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.060% in total (about -6.6% 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
LongNado AMD-PERP621.150.0314pay 0.0039% / 1h10m 42s$269K$218K10x
ShortKuCoin AMDUSDTM621.870.0100get 0.0100% / 8h5h 10m$1.9M$281K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$44.93
Price spread: +0.116% → −0.033%
$14.96
Slippage, 4 orders
−$164.14
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$213.1
Costs to cover
1.831%
Break-even
never at this rate
Slippage from Nado: live order book, 52 min ago; KuCoin: live order book, 6 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, 52 min ago4.43 bp11.2 bp −$1127.9 bp −$279doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago6.36 bp116.8 bp −$117doesn't fitdoesn'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−0.0016%4h621.48+0.054%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.79+0.103%$1K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h621.90+0.121%$122K$599K20xas long as short
Phemex AMDUSDT0.0000%8h622.23+0.174%$1.8M$459K10xas long as short
Gate AMD_USDT+0.0011%8h622.48+0.214%$4.5M$13.3M50xas long as short
Bitget AMDUSDT+0.0024%8h622.42+0.205%$10.3M$17.0M20xas long as short
Lighter RH AMD+0.0032%1h621.96+0.131%$855K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.518%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.74+0.095%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.39+0.039%$398K$1.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h621.45+0.049%$1.5M$4.1M10xas long as short
Vest AMD-USD-PERP+0.0053%1h622.83+0.271%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.67+0.084%$2.1M$11.9M10xas long as short
KuCoin AMDUSDTMshort+0.0100%8h621.87+0.116%$1.9M$281K20x
ApeX Omni AMDUSDT+0.0100%1h621.53+0.061%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.70+0.089%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h620.69−0.074%$300K$1.8M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0152%1h621.47+0.052%$77K$151K10xas long as short
tradeXYZ xyz:AMD+0.0165%1h621.87+0.116%$24.8M$93.9M10xas long as short
SoDEX AMD-USD+0.0197%1h621.87+0.116%$26K$24K10xas long as short
Lighter AMD+0.0224%1h622.10+0.153%$545K$2.5M10xas long as short
Phoenix AMD+0.0245%1h621.11−0.006%$2K$90K10xas long as short
Aevo AMD-PERP+0.0272%1h622.12+0.156%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0309%8h622.23+0.174%$7.0M$27.9M25xas long as short
Nado AMD-PERPlong+0.0314%1h621.15long leg$269K$218K10x
Aster AMDUSDT+0.0388%8h621.82+0.109%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0679%8h621.60+0.072%$18K$139K10xas long as short
Variational Omni AMD+0.0712%8h621.75+0.097%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0773%8h622.43+0.206%$75.7M$190.1M25xas long as short
Extended AMD_24_5-USD+0.0776%1h622.22+0.173%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0792%8h622.00+0.137%$7K$548K20xas long as short