Funding you earn now, next payment 00:00 UTC−0.0450%/8h= −49.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.086%
Price spread now: QFEX against Nado+0.140%7-day average +0.015% · 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−$16as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 3 days (all we have)−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.140%, 7d avg +0.015%
=Together, before fees−0.311%+ Points / potential airdropNado: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.125% dearer against Nado than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.015%): +$13 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 3 days (−0.122% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.122% in total (about -14.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado AMD-PERP | 619.93 | 0.0530 | pay 0.0066% / 1h | 49m 45s | $318K | $167K | 10x |
| Short | QFEX AMD-USD | 620.80 | 0.0080 | get 0.0010% / 1h | 49m 45s | $2.3M | $13.4M | 10x |
Nado AMD-PERP
QFEX AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$94.5
- Price spread: +0.140% → +0.015%
- $12.54
- Slippage, 4 orders
- −$11.29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$110.25
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Nado: live order book, 28 min ago; QFEX: live order book, 4 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, 28 min ago | 2.34 bp | 7.9 bp −$8 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.77 bp | 6.8 bp −$7 | 8.1 bp −$81 | 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 | −0.0170% | 4h | 620.61 | +0.110% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.91 | +0.158% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.73 | +0.129% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.43 | +0.081% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.34 | +0.066% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.34 | +0.066% | $836K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.324% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.55 | +0.261% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.95 | +0.003% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0068% | 1h | 620.41 | +0.078% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USDshort | +0.0080% | 1h | 620.80 | +0.140% | $2.3M | $13.4M | 10x | |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.048% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.43 | +0.081% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.47 | +0.087% | $378 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0109% | 8h | 620.67 | +0.120% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0138% | 1h | 620.24 | +0.050% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.35 | +0.068% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0214% | 8h | 620.91 | +0.158% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.84 | +0.148% | $11K | — | 10x | as long as short |
| Lighter AMD | +0.0240% | 1h | 620.48 | +0.089% | $525K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0307% | 1h | 620.48 | +0.089% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0407% | 1h | 620.83 | +0.145% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0478% | 8h | 620.56 | +0.101% | $17K | $136K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.79 | +0.138% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERPlong | +0.0530% | 1h | 619.93 | long leg | $318K | $167K | 10x | |
| Bitget AMDUSDT | +0.0541% | 8h | 620.67 | +0.120% | $10.1M | $18.1M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.66 | +0.118% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0545% | 8h | 620.78 | +0.137% | $75.7M | $192.2M | 25x | as long as short |
| BloFin AMD-USDT | +0.0553% | 8h | 620.85 | +0.149% | $6K | $545K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0669% | 1h | 620.51 | +0.094% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.58 | +0.105% | $145K | $265K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
Aevo AMD-PERP
Lighter AMD
SoDEX AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD