AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0452%/8h= −49.4% APRnext payment −$0.56 per $10,000 · paid last 24h −0.067%

Price spread now: Coinbase International against Nado+0.003%45s7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.342% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 3 days (all we have)−0.114%−$11 · spread now +0.003%, 7d avg −0.096%

Together, before fees−0.215%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.099% dearer against Nado than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.096%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 3 days (−0.101% in total) that is about 3.1 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.101% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 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	Nado AMD-PERP	619.61	0.0532	pay 0.0066% / 1h	43m 24s	$317K	$167K	10x
Short	Coinbase International AMD-PERP-INTX	619.63	0.0080	get 0.0010% / 1h	43m 24s	$312K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$94.83
Price spread: +0.003% → −0.096%: $9.89
Slippage, 4 orders: −$17.19
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$119.13
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Nado: live order book, 34 min ago; Coinbase International: live order book, 5 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 Nado live order book, 34 min ago	2.34 bp	7.9 bp −$8	25.1 bp −$251	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.58 bp	7.9 bp −$8	11.2 bp −$112	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	−0.0624%	4h	620.62	+0.163%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.66	+0.169%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.54	+0.150%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.42	+0.130%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.13	+0.084%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	620.03	+0.068%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.274%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.21	+0.258%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.52	−0.015%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0057%	1h	620.11	+0.080%	$395K	$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
QFEX AMD-USD	+0.0080%	1h	620.46	+0.137%	$2.3M	$13.4M	10x	as long as short
Coinbase International AMD-PERP-INTXshort	+0.0080%	1h	619.63	+0.003%	$312K	$1.8M	10x
KuCoin AMDUSDTM	+0.0100%	8h	620.20	+0.095%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.20	+0.095%	$378	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0126%	8h	620.36	+0.121%	$6.8M	$28.6M	25x	as long as short
tradeXYZ xyz:AMD	+0.0138%	1h	619.86	+0.040%	$24.8M	$94.8M	10x	as long as short
Phoenix AMD	+0.0207%	1h	620.31	+0.113%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.62	+0.162%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0220%	1h	620.31	+0.113%	$25K	$24K	10x	as long as short
Aster AMDUSDT	+0.0222%	8h	620.59	+0.158%	$72K	$416K	50x	as long as short
Lighter AMD	+0.0224%	1h	620.20	+0.095%	$525K	$2.5M	10x	as long as short
ApeX Omni AMDUSDT	+0.0296%	1h	619.99	+0.061%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0494%	8h	620.62	+0.163%	$18K	$134K	10x	as long as short
Variational Omni AMD	+0.0503%	8h	620.85	+0.199%	$2.7M	$3.2M	—	as long as short
Nado AMD-PERPlong	+0.0532%	1h	619.61	long leg	$317K	$167K	10x
BloFin AMD-USDT	+0.0542%	8h	620.49	+0.142%	$6K	$545K	20x	as long as short
Bitget AMDUSDT	+0.0546%	8h	620.48	+0.140%	$10.1M	$18.1M	20x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.33	+0.117%	$464K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0554%	8h	620.48	+0.140%	$75.7M	$192.1M	25x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0751%	1h	620.28	+0.108%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.31	+0.113%	$145K	$265K	10x	as long as short