Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.064%

Price spread now: Nado against OKX−0.024%7-day average +0.017% · 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−$380.379% of the position

Long on OKX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.126%+$13 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.024%, 7d avg +0.017%

Together, before fees+0.243%+ Points / potential airdropNado: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.041% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.017%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.126%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMD-USDT-SWAP	611.68	0.0097	pay 0.0097% / 8h	1h 43m	$6.6M	$29.0M	25x
Short	Nado AMD-PERP	611.53	0.0077	get 0.0010% / 1h	43m 58s	$254K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against OKX. 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 OKXbpFee NadobpOrdersPrice spread, now −0.024%Rate

Funding earned: −$4.22
Price spread: −0.024% → +0.017%: −$4.15
Slippage, 4 orders: −$20.88
Fee OKX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$46.24
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Nado: live order book, 64 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 OKX live order book, 5 min ago	0.49 bp	7.3 bp −$7	12.4 bp −$124	doesn't fit	doesn't fit
Sell Nado live order book, 64 min ago	2.11 bp	9.2 bp −$9	29.8 bp −$298	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
Bitget AMDUSDT	−0.0353%	8h	612.11	+0.070%	$10.3M	$17.4M	20x	as long as short
edgeX AMDUSDC	−0.0199%	4h	611.82	+0.022%	$72K	$1.7M	10x	as long as short
Aster AMDUSDT	0.0000%	8h	611.75	+0.012%	$69K	$416K	50x	as long as short
Gate AMD_USDT	0.0000%	8h	611.81	+0.021%	$4.4M	$14.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	611.93	+0.041%	$2K	$8.1M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	611.32	−0.059%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	611.80	+0.020%	$103K	$642K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	611.81	+0.021%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	611.49	−0.031%	$521K	$2.6M	10x	as long as short
Lighter RH AMD	+0.0032%	1h	611.27	−0.067%	$812K	$4.7M	10x	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	611.67	−0.002%	$135K	$276K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	612.38	+0.114%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	611.23	−0.074%	$22.8M	$95.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	611.37	−0.051%	$394K	$1.6M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	611.64	−0.007%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	611.08	−0.098%	$1.4M	$5.4M	10x	as long as short
QFEX AMD-USD	+0.0067%	1h	611.68	0.000%	$2.1M	$11.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0067%	1h	551.80	−9.789%	$2K	$59K	12x	as long as short
Nado AMD-PERPshort	+0.0077%	1h	611.53	−0.024%	$254K	$241K	10x
OKX AMD-USDT-SWAPlong	+0.0097%	8h	611.68	long leg	$6.6M	$29.0M	25x
KuCoin AMDUSDTM	+0.0100%	8h	611.41	−0.044%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.73	+0.008%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	611.51	−0.028%	$366	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	611.26	−0.069%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0143%	1h	611.68	0.000%	$2K	$90K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0155%	8h	611.84	+0.026%	$20K	$174K	10x	as long as short
Aevo AMD-PERP	+0.0160%	1h	611.87	+0.031%	$11K	—	10x	as long as short
Variational Omni AMD	+0.0234%	8h	611.83	+0.024%	$2.4M	$3.4M	—	as long as short
Extended AMD_24_5-USD	+0.0320%	1h	611.65	−0.005%	$457K	$3.1M	10x	as long as short
Binance AMDUSDT	+0.0320%	8h	611.78	+0.016%	$71.8M	$203.7M	25x	as long as short
BloFin AMD-USDT	+0.0354%	8h	611.91	+0.038%	$6K	$549K	20x	as long as short