Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0013%/8h= −1.5% APRpaid last 24h −0.076%

Price spread now: OKX against Nado+0.143%7-day average −0.021% · 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−$18as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.120%−$12 on $10k

Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.143%, 7d avg −0.021%

Together, before fees−0.527%+ Points / potential airdropNado: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.164% dearer against Nado than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.021%): +$16 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 40 days. At the pace of the last 3 days (−0.120% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMD-PERP	620.18	0.0317	pay 0.0040% / 1h	33m 10s	$268K	$213K	10x
Short	OKX AMD-USDT-SWAP	621.06	0.0304	get 0.0304% / 8h	5h 33m	$6.9M	$27.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.143%Rate

Funding earned: −$2.83
Price spread: +0.143% → −0.021%: $16.39
Slippage, 4 orders: −$17
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$20.44
Costs to cover: 0.340%
Break-even: never at this rate

Slippage from Nado: live order book, 29 min ago; OKX: live order book, 5 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, 29 min ago	4.43 bp	11.2 bp −$11	27.9 bp −$279	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.16 bp	7.6 bp −$8	10.5 bp −$105	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	−0.0724%	4h	621.10	+0.150%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.36	+0.191%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.18	+0.162%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.88	+0.114%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0006%	8h	621.32	+0.185%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.54	+0.059%	$850K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.363%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.12	+0.152%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.80	+0.101%	$398K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.93	−0.040%	$1.5M	$4.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0056%	1h	621.91	+0.280%	—	$923K	25x	as long as short
Bitget AMDUSDT	+0.0071%	8h	621.31	+0.183%	$10.3M	$17.1M	20x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.13	+0.154%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.36	+0.030%	$1.9M	$283K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	620.76	+0.094%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.10	+0.149%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	+0.083%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0155%	1h	620.66	+0.078%	$25.1M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0210%	1h	621.04	+0.139%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0240%	1h	620.70	+0.085%	$545K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.75	+0.093%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.55	+0.221%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAPshort	+0.0304%	8h	621.06	+0.143%	$6.9M	$27.9M	25x
Nado AMD-PERPlong	+0.0317%	1h	620.18	long leg	$268K	$213K	10x
Aster AMDUSDT	+0.0405%	8h	620.64	+0.075%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0711%	8h	621.15	+0.157%	$18K	$136K	10x	as long as short
Variational Omni AMD	+0.0719%	8h	621.22	+0.169%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0757%	8h	621.40	+0.197%	$7K	$548K	20x	as long as short
Binance AMDUSDT	+0.0781%	8h	621.30	+0.181%	$75.6M	$190.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0784%	1h	621.07	+0.145%	$463K	$1.9M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0943%	1h	620.80	+0.101%	$77K	$151K	10x	as long as short