Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.3% APRpaid last 24h +0.014%

Price spread now: Nado against Bitget−0.081%7-day average −0.035% · 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−$380.377% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.081%, 7d avg −0.035%

Together, before fees+0.252%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.046% cheaper against Bitget than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.035%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AMDUSDT	623.17	0	get 0.0000% / 8h	4h 17m	$10.3M	$17.1M	20x
Short	Nado AMD-PERP	622.67	0.0075	get 0.0009% / 1h	17m 25s	$269K	$227K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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 BitgetbpFee NadobpOrdersPrice spread, now −0.081%Rate

Funding earned: $15.83
Price spread: −0.081% → −0.035%: −$4.63
Slippage, 4 orders: −$18.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$26.52
Costs to cover: 0.377%
Break-even: 18.7 days

Slippage from Bitget: live order book, 1 min ago; Nado: live order book, 40 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 Bitget live order book, 1 min ago	1.04 bp	11.7 bp −$12	16.4 bp −$164	30.3 bp −$3,032	doesn't fit
Sell Nado live order book, 40 min ago	2.09 bp	5.6 bp −$6	33.3 bp −$333	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	−0.0298%	4h	622.87	−0.048%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	623.09	−0.013%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDTlong	0.0000%	8h	623.17	long leg	$10.3M	$17.1M	20x
SunX AMD-USDT	0.0000%	8h	623.03	−0.022%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.44	−0.117%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	623.01	−0.026%	$121K	$615K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.14	−0.005%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.86	−0.050%	$555K	$2.5M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.82	−0.056%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.837%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.84	−0.053%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.55	−0.099%	$23.7M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.68	−0.079%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.80	−0.059%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.30	−0.140%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	624.40	+0.197%	—	$923K	25x	as long as short
Nado AMD-PERPshort	+0.0075%	1h	622.67	−0.081%	$269K	$227K	10x
QFEX AMD-USD	+0.0080%	1h	622.98	−0.030%	$2.1M	$11.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.73	−0.071%	$1.9M	$290K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.56	−0.098%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.80	−0.059%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.30	−0.140%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.24	−0.149%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	623.14	−0.006%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0241%	8h	622.91	−0.042%	$6.9M	$28.2M	25x	as long as short
Aster AMDUSDT	+0.0273%	8h	622.77	−0.065%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0350%	8h	622.88	−0.046%	$18K	$147K	10x	as long as short
Variational Omni AMD	+0.0570%	8h	622.48	−0.110%	$2.6M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0624%	1h	622.80	−0.059%	$463K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0625%	8h	622.98	−0.030%	$73.1M	$195.2M	25x	as long as short
BloFin AMD-USDT	+0.0635%	8h	622.93	−0.039%	$7K	$551K	20x	as long as short