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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0356%/8h= −39.0% APRnext payment $0.44 per $10,000 · paid last 24h −0.011%
Price spread now: Nado against Arcus−0.117%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.037%−$4 on $10k
Price spread, last 3 days (all we have)+0.291%+$29 · spread now −0.117%, 7d avg +0.025%
Together, before fees+0.255%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.142% cheaper against Arcus than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.037% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.44 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
LongArcus AMD-USD616.910.0780pay 0.0097% / 1h46m 13s$142K$281K10x
ShortNado AMD-PERP616.190.0424get 0.0053% / 1h46m 13s$314K$166K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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
−$74.72
Price spread: −0.117% → +0.025%
−$14.22
Slippage, 4 orders
−$16.15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$116.59
Costs to cover
0.276%
Break-even
never at this rate
Slippage from Arcus: live order book, 37 min ago; Nado: live order book, 36 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 Arcus live order book, 37 min ago3.00 bp5.4 bp −$57.6 bp −$7614.6 bp −$1,461doesn't fit
Sell Nado live order book, 36 min ago2.19 bp5.7 bp −$633.4 bp −$334doesn'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−0.0456%4h617.00+0.014%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h616.84−0.011%$4.4M$13.3M50xas long as short
SunX AMD-USDT0.0000%8h616.83−0.013%$1K$9.1M10xas long as short
HTX AMD-USDT0.0000%8h616.71−0.032%$127K$578K20xas long as short
Phemex AMDUSDT0.0000%8h616.50−0.066%$1.7M$460K10xas long as short
OKX AMD-USDT-SWAP+0.0008%8h616.81−0.016%$6.8M$28.6M25xas long as short
Lighter RH AMD+0.0032%1h616.53−0.062%$825K$4.6M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−0.841%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0046%1h617.41+0.081%$949K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h616.58−0.053%$406K$1.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h616.23−0.110%$1.4M$4.8M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h616.68−0.037%$311K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0077%1h616.29−0.101%$24.9M$95.7M10xas long as short
QFEX AMD-USD+0.0080%1h616.92+0.002%$2.3M$13.2M10xas long as short
Aster AMDUSDT+0.0089%8h616.96+0.008%$71K$416K50xas long as short
KuCoin AMDUSDTM+0.0100%8h616.23−0.110%$1.9M$323K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h616.81−0.016%$376$6K10xas long as short
ApeX Omni AMDUSDT+0.0109%1h617.06+0.024%$79K$259K50xas long as short
Phoenix AMD+0.0169%1h616.50−0.066%$2K$94K10xas long as short
SoDEX AMD-USD+0.0183%1h616.75−0.026%$25K$24K10xas long as short
Lighter AMD+0.0184%1h616.67−0.039%$533K$2.6M10xas long as short
Aevo AMD-PERP+0.0192%1h617.18+0.044%$11K10xas long as short
GRVT AMD_USDT_Perp+0.0360%8h616.98+0.012%$18K$140K10xas long as short
Variational Omni AMD+0.0374%8h617.01+0.017%$2.7M$3.1Mas long as short
Nado AMD-PERPshort+0.0424%1h616.19−0.117%$314K$166K10x
Extended AMD_24_5-USD+0.0432%1h616.84−0.011%$456K$1.5M10xas long as short
Binance AMDUSDT+0.0435%8h616.97+0.010%$75.2M$193.4M25xas long as short
BloFin AMD-USDT+0.0442%8h616.77−0.023%$6K$541K20xas long as short
Bitget AMDUSDT+0.0482%8h616.97+0.010%$10.1M$18.2M20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0529%1h616.60−0.050%$77K$163K10xas long as short
Arcus AMD-USDlong+0.0780%1h616.91long leg$142K$281K10x