Funding you earn now, next payment 01:00 UTC−0.0530%/8h= −58.0% APRnext payment −$0.66 per $10,000 · paid last 24h +0.035%
Price spread now: Nado against Deribit−0.155%7-day average +0.006% · 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−$57as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 3 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)+0.221%+$22 · spread now −0.155%, 7d avg +0.006%
=Together, before fees+0.250%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Nado is 0.161% cheaper against Deribit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.028% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 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 | Deribit AMD_USDC-PERPETUAL | 622.67 | 0.0940 | pay 0.0117% / 1h | 52m 12s | $78K | $151K | 10x |
| Short | Nado AMD-PERP | 621.71 | 0.0410 | get 0.0051% / 1h | 52m 12s | $318K | $166K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- −$111.25
- Price spread: −0.155% → +0.006%
- −$16.06
- Slippage, 4 orders
- −$27.07
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$168.37
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 21 min ago; Nado: live order book, 20 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 Deribit live order book, 21 min ago | 6.94 bp | 10.4 bp −$10 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Nado live order book, 20 min ago | 2.26 bp | 9.8 bp −$10 | 34.4 bp −$344 | 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 | −0.0701% | 4h | 622.81 | +0.022% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.11 | +0.071% | $2K | $8.8M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.13 | +0.074% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.31 | −0.058% | $854K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.759% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 623.57 | +0.145% | — | $924K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.40 | −0.043% | $1.5M | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.82 | +0.024% | $2.3M | $13.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.30 | −0.059% | $1.9M | $313K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.78 | +0.018% | $80K | $259K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 623.05 | +0.061% | $380 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 622.59 | −0.013% | $312K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0152% | 1h | 622.40 | −0.043% | $535K | $2.3M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0202% | 8h | 622.62 | −0.008% | $6.9M | $28.4M | 25x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 622.53 | −0.022% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0224% | 1h | 621.35 | −0.211% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0235% | 8h | 621.79 | −0.142% | $72K | $416K | 50x | as long as short |
| Gate AMD_USDT | +0.0309% | 8h | 623.12 | +0.072% | $4.5M | $13.2M | 50x | as long as short |
| Nado AMD-PERPshort | +0.0410% | 1h | 621.71 | −0.155% | $318K | $166K | 10x | |
| Variational Omni AMD | +0.0513% | 8h | 622.74 | +0.011% | $2.6M | $3.2M | — | as long as short |
| HTX AMD-USDT | +0.0518% | 8h | 622.86 | +0.031% | $132K | $579K | 20x | as long as short |
| Binance AMDUSDT | +0.0575% | 8h | 622.98 | +0.050% | $75.9M | $191.7M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0576% | 1h | 622.95 | +0.045% | $467K | $1.6M | 10x | as long as short |
| BloFin AMD-USDT | +0.0594% | 8h | 623.19 | +0.084% | $6K | $548K | 20x | as long as short |
| Bitget AMDUSDT | +0.0612% | 8h | 623.02 | +0.056% | $10.1M | $17.6M | 20x | as long as short |
| SoDEX AMD-USD | +0.0625% | 1h | 622.63 | −0.006% | $26K | $24K | 10x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 622.69 | +0.003% | $144K | $265K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0925% | 1h | 622.31 | −0.058% | $25.0M | $93.1M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0940% | 1h | 622.67 | long leg | $78K | $151K | 10x | |
| Polymarket Perps AMD-USD | +0.0961% | 1h | 622.76 | +0.014% | $397K | $1.5M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1240% | 8h | 623.24 | +0.091% | $17K | $132K | 10x | as long as short |
Deribit AMD_USDC-PERPETUAL
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Lighter AMD
OKX AMD-USDT-SWAP
Phoenix AMD
Aster AMDUSDT
Gate AMD_USDT
Variational Omni AMD
HTX AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Bitget AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
GRVT AMD_USDT_Perp