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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.068%
Price spread now: Nado against KuCoin−0.076%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1931.926% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.488%+$49 · spread now −0.076%, 7d avg +0.034%
Together, before fees+0.543%+ Points / potential airdropNado: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.034%). If the spread goes back, that is −$11 on $10k: about 38 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.055% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AMDUSDTM620.060.0100pay 0.0100% / 8h6h 34m$1.9M$290K20x
ShortNado AMD-PERP619.590.0333get 0.0042% / 1h34m 53s$268K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against KuCoin. 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
$48.89
Price spread: −0.076% → +0.034%
−$11.02
Slippage, 4 orders
−$173.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$154.76
Costs to cover
1.926%
Break-even
29.2 days
Slippage from KuCoin: live order book, 6 min ago; Nado: live order book, 33 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 KuCoin live order book, 6 min ago6.84 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 33 min ago1.92 bp9.1 bp −$931.1 bp −$311doesn'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−0.0255%4h621.13+0.173%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h620.62+0.090%$4.6M$13.2M50xas long as short
SunX AMD-USDT0.0000%8h620.34+0.045%$1K$8.4M10xas long as short
HTX AMD-USDT0.0000%8h620.67+0.098%$121K$598K20xas long as short
Phemex AMDUSDT0.0000%8h620.55+0.079%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h619.74−0.052%$833K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.345%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h620.90+0.135%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h619.89−0.027%$395K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h620.26+0.032%$25K$24K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMD-USD.P+0.0050%1h619.40−0.106%$1.5M$4.2M10xas long as short
Vest AMD-USD-PERP+0.0061%1h621.32+0.203%$924K25xas long as short
Lighter AMD+0.0080%1h619.82−0.039%$539K$2.4M10xas long as short
QFEX AMD-USD+0.0080%1h620.07+0.002%$2.2M$12.5M10xas long as short
KuCoin AMDUSDTMlong+0.0100%8h620.06long leg$1.9M$290K20x
ApeX Omni AMDUSDT+0.0100%1h620.81+0.121%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.25+0.031%$371$6K10xas long as short
tradeXYZ xyz:AMD+0.0102%1h619.73−0.053%$25.0M$93.4M10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h620.87+0.131%$299K$1.8M10xas long as short
Phoenix AMD+0.0244%1h620.71+0.105%$2K$90K10xas long as short
OKX AMD-USDT-SWAP+0.0271%8h620.38+0.052%$6.9M$28.1M25xas long as short
Aevo AMD-PERP+0.0272%1h620.24+0.030%$11K10xas long as short
Nado AMD-PERPshort+0.0333%1h619.59−0.076%$268K$203K10x
Aster AMDUSDT+0.0396%8h620.36+0.049%$72K$416K50xas long as short
Bitget AMDUSDT+0.0478%8h620.62+0.090%$10.3M$17.2M20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0638%1h619.88−0.029%$77K$151K10xas long as short
Variational Omni AMD+0.0711%8h620.48+0.068%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0760%1h620.37+0.051%$464K$1.9M10xas long as short
Binance AMDUSDT+0.0763%8h620.60+0.088%$75.4M$190.6M25xas long as short
BloFin AMD-USDT+0.0779%8h622.73+0.431%$7K$551K20xas long as short
GRVT AMD_USDT_Perp+0.0882%8h621.07+0.164%$18K$132K10xas long as short