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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 616.91 | 0.0780 | pay 0.0097% / 1h | 46m 13s | $142K | $281K | 10x |
| Short | Nado AMD-PERP | 616.19 | 0.0424 | get 0.0053% / 1h | 46m 13s | $314K | $166K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus live order book, 37 min ago | 3.00 bp | 5.4 bp −$5 | 7.6 bp −$76 | 14.6 bp −$1,461 | doesn't fit |
| Sell Nado live order book, 36 min ago | 2.19 bp | 5.7 bp −$6 | 33.4 bp −$334 | 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 | −0.0456% | 4h | 617.00 | +0.014% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 616.84 | −0.011% | $4.4M | $13.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 616.83 | −0.013% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 616.71 | −0.032% | $127K | $578K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.50 | −0.066% | $1.7M | $460K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0008% | 8h | 616.81 | −0.016% | $6.8M | $28.6M | 25x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 616.53 | −0.062% | $825K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.841% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 617.41 | +0.081% | — | $949K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 616.58 | −0.053% | $406K | $1.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 616.23 | −0.110% | $1.4M | $4.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 616.68 | −0.037% | $311K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0077% | 1h | 616.29 | −0.101% | $24.9M | $95.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 616.92 | +0.002% | $2.3M | $13.2M | 10x | as long as short |
| Aster AMDUSDT | +0.0089% | 8h | 616.96 | +0.008% | $71K | $416K | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 616.23 | −0.110% | $1.9M | $323K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 616.81 | −0.016% | $376 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0109% | 1h | 617.06 | +0.024% | $79K | $259K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 616.50 | −0.066% | $2K | $94K | 10x | as long as short |
| SoDEX AMD-USD | +0.0183% | 1h | 616.75 | −0.026% | $25K | $24K | 10x | as long as short |
| Lighter AMD | +0.0184% | 1h | 616.67 | −0.039% | $533K | $2.6M | 10x | as long as short |
| Aevo AMD-PERP | +0.0192% | 1h | 617.18 | +0.044% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0360% | 8h | 616.98 | +0.012% | $18K | $140K | 10x | as long as short |
| Variational Omni AMD | +0.0374% | 8h | 617.01 | +0.017% | $2.7M | $3.1M | — | as long as short |
| Nado AMD-PERPshort | +0.0424% | 1h | 616.19 | −0.117% | $314K | $166K | 10x | |
| Extended AMD_24_5-USD | +0.0432% | 1h | 616.84 | −0.011% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0435% | 8h | 616.97 | +0.010% | $75.2M | $193.4M | 25x | as long as short |
| BloFin AMD-USDT | +0.0442% | 8h | 616.77 | −0.023% | $6K | $541K | 20x | as long as short |
| Bitget AMDUSDT | +0.0482% | 8h | 616.97 | +0.010% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0529% | 1h | 616.60 | −0.050% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USDlong | +0.0780% | 1h | 616.91 | long leg | $142K | $281K | 10x |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
OKX AMD-USDT-SWAP
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
Aster AMDUSDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Phoenix AMD
SoDEX AMD-USD
Lighter AMD
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL