Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0065%/8h= −7.2% APRpaid last 24h −0.043%

Price spread now: KuCoin against Nado−0.003%7-day average −0.028% · 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−$91as in the Price arb table

costs, in and out, $10k−$930.935% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.061%−$6 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now −0.003%, 7d avg −0.028%

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. KuCoin is 0.025% dearer against Nado than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMD-PERP	610.63	0.0165	pay 0.0021% / 1h	10m 34s	$250K	$245K	10x
Short	KuCoin AMDUSDTM	610.61	0.0100	get 0.0100% / 8h	6h 10m	$1.9M	$424K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$13.75
Price spread: −0.003% → −0.028%: $2.52
Slippage, 4 orders: −$74.48
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$104.7
Costs to cover: 0.935%
Break-even: never at this rate

Slippage from Nado: live order book, 40 min ago; KuCoin: live order book, 4 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, 40 min ago	2.54 bp	15.8 bp −$16	35.7 bp −$357	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	6.97 bp	45.3 bp −$45	doesn't fit	doesn't fit	doesn't fit

AMD on 31 exchanges

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	−0.0469%	4h	610.38	−0.040%	$73K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	610.41	−0.036%	$70K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	611.55	+0.151%	$4.7M	$14.7M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	611.44	+0.133%	$10.3M	$15.9M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	611.38	+0.124%	$2K	$6.8M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.46	+0.137%	$93K	$685K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.35	+0.119%	$1.7M	$464K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	610.87	+0.040%	$796K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	548.57	−10.163%	$2K	$58K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	611.72	+0.179%	—	$923K	25x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMD	+0.0050%	1h	610.85	+0.037%	$21.2M	$96.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	610.92	+0.048%	$393K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	609.34	−0.211%	$1.4M	$5.3M	10x	as long as short
GRVT AMD_USDT_Perp	+0.0078%	8h	610.40	−0.037%	$19K	$201K	10x	as long as short
Lighter AMD	+0.0080%	1h	610.98	+0.058%	$507K	$2.3M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	611.03	+0.066%	$2.0M	$11.3M	10x	as long as short
SoDEX AMD-USD	+0.0099%	1h	611.14	+0.084%	$25K	$20K	10x	as long as short
KuCoin AMDUSDTMshort	+0.0100%	8h	610.61	−0.003%	$1.9M	$424K	20x
ApeX Omni AMDUSDT	+0.0100%	1h	609.93	−0.114%	$79K	$254K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.21	+0.096%	$366	$2K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0107%	8h	611.08	+0.074%	$6.9M	$29.4M	25x	as long as short
Aevo AMD-PERP	+0.0136%	1h	611.28	+0.108%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0140%	8h	611.22	+0.097%	$2.0M	$3.8M	—	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0143%	1h	611.05	+0.070%	$69K	$143K	10x	as long as short
Nado AMD-PERPlong	+0.0165%	1h	610.63	long leg	$250K	$245K	10x
Coinbase International AMD-PERP-INTX	+0.0168%	1h	610.25	−0.061%	$299K	$1.7M	10x	as long as short
Phoenix AMD	+0.0184%	1h	610.03	−0.098%	$2K	$76K	10x	as long as short
BloFin AMD-USDT	+0.0204%	8h	611.17	+0.089%	$7K	$561K	20x	as long as short
Binance AMDUSDT	+0.0215%	8h	611.22	+0.098%	$72.6M	$194.0M	25x	as long as short
Extended AMD_24_5-USD	+0.0216%	1h	610.97	+0.056%	$462K	$3.4M	10x	as long as short
Arcus AMD-USD	+0.0623%	1h	610.94	+0.052%	$123K	$221K	10x	as long as short