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+0.0364%/8h= +39.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.078%
Price spread now: Nado against Polymarket Perps−0.052%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.052%, 7d avg +0.029%
Together, before fees+0.103%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.082% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.029%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.079% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.079% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMD-USD621.280.0050pay 0.0006% / 1h16m 44s$396K$1.5M10x
ShortNado AMD-PERP620.950.0414get 0.0052% / 1h16m 44s$268K$206K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. 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
$76.4
Price spread: −0.052% → +0.029%
−$8.17
Slippage, 4 orders
−$19.31
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$33.92
Costs to cover
0.343%
Break-even
3.9 days
Slippage from Polymarket Perps: live order book, 2 min ago; Nado: live order book, 51 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 Polymarket Perps live order book, 2 min ago2.09 bp6.3 bp −$66.7 bp −$678.6 bp −$855doesn't fit
Sell Nado live order book, 51 min ago1.92 bp9.1 bp −$931.1 bp −$311doesn't fitdoesn't fit

AMD on 30 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−0.0645%4h621.06−0.035%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.65+0.060%$2K$8.4M10xas long as short
HTX AMD-USDT0.0000%8h621.59+0.050%$122K$597K20xas long as short
Phemex AMDUSDT0.0000%8h621.12−0.026%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h621.00−0.045%$846K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.539%$5K$55K12xas long as short
Gate AMD_USDT+0.0035%8h621.43+0.024%$4.5M$13.3M50xas long as short
Arcus AMD-USD+0.0040%1h621.31+0.005%$144K$263K10xas long as short
Polymarket Perps AMD-USDlong+0.0050%1h621.28long leg$396K$1.5M10x
Ondo Perps AMD-USD.P+0.0050%1h620.69−0.095%$1.5M$4.2M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0060%1h622.46+0.190%$923K25xas long as short
QFEX AMD-USD+0.0080%1h621.71+0.069%$2.2M$12.5M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.90−0.061%$1.9M$287K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.90−0.061%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.69+0.066%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h620.27−0.163%$311K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0173%1h620.85−0.069%$25.1M$93.6M10xas long as short
Lighter AMD+0.0176%1h621.04−0.039%$550K$2.4M10xas long as short
SoDEX AMD-USD+0.0242%1h621.32+0.006%$25K$24K10xas long as short
Phoenix AMD+0.0244%1h620.52−0.122%$2K$90K10xas long as short
Aevo AMD-PERP+0.0280%1h621.93+0.104%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0288%8h621.10−0.029%$6.9M$28.1M25xas long as short
Bitget AMDUSDT+0.0338%8h621.54+0.042%$10.3M$17.3M20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0394%1h621.19−0.014%$77K$151K10xas long as short
Nado AMD-PERPshort+0.0414%1h620.95−0.052%$268K$206K10x
Aster AMDUSDT+0.0417%8h621.54+0.042%$72K$413K50xas long as short
Variational Omni AMD+0.0733%8h621.00−0.046%$2.6M$3.3Mas long as short
Extended AMD_24_5-USD+0.0784%1h621.23−0.009%$463K$1.9M10xas long as short
Binance AMDUSDT+0.0788%8h621.37+0.014%$75.5M$190.4M25xas long as short
GRVT AMD_USDT_Perp+0.0867%8h621.19−0.014%$18K$134K10xas long as short