Funding you earn now, next payment 23:00 UTC−0.0363%/8h= −39.7% APRnext payment −$0.45 per $10,000 · paid last 24h −0.011%
Price spread now: Nado against Arcus−0.108%7-day average +0.025% · 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−$41as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 3 days (all we have)+0.282%+$28 · spread now −0.108%, 7d avg +0.025%
=Together, before fees+0.245%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.133% cheaper against Arcus than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.037% in total (about -4.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMD-USD | 619.36 | 0.0780 | pay 0.0097% / 1h | 5m 11s | $144K | $267K | 10x |
| Short | Nado AMD-PERP | 618.69 | 0.0417 | get 0.0052% / 1h | 5m 11s | $315K | $166K | 10x |
Arcus AMD-USD
Nado AMD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$76.17
- Price spread: −0.108% → +0.025%
- −$13.26
- Slippage, 4 orders
- −$16.07
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$117
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 13 min ago; Nado: live order book, 12 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 Arcus live order book, 13 min ago | 3.47 bp | 5.9 bp −$6 | 8.2 bp −$82 | 11.7 bp −$1,168 | doesn't fit |
| Sell Nado live order book, 12 min ago | 2.34 bp | 6.8 bp −$7 | 31.0 bp −$310 | 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 | −0.0839% | 4h | 619.56 | +0.033% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.70 | +0.055% | $4.4M | $13.7M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 619.65 | +0.047% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.27 | −0.015% | $132K | $580K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.16 | −0.032% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.10 | −0.042% | $833K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.234% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.22 | +0.139% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 618.79 | −0.092% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0058% | 1h | 619.28 | −0.013% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 618.86 | −0.081% | $311K | $1.8M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0073% | 8h | 619.40 | +0.006% | $6.8M | $28.7M | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.47 | +0.018% | $2.3M | $13.4M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0096% | 1h | 619.07 | −0.047% | $24.8M | $95.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.22 | −0.023% | $1.9M | $319K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.47 | +0.018% | $378 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 618.87 | −0.079% | $2K | $94K | 10x | as long as short |
| Aster AMDUSDT | +0.0187% | 8h | 618.79 | −0.092% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0192% | 1h | 619.24 | −0.019% | $535K | $2.6M | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0203% | 1h | 619.45 | +0.015% | $80K | $259K | 50x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 619.91 | +0.088% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0253% | 1h | 619.41 | +0.008% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERPshort | +0.0417% | 1h | 618.69 | −0.108% | $315K | $166K | 10x | |
| GRVT AMD_USDT_Perp | +0.0461% | 8h | 619.76 | +0.065% | $17K | $137K | 10x | as long as short |
| Variational Omni AMD | +0.0469% | 8h | 619.52 | +0.026% | $2.7M | $3.2M | — | as long as short |
| Binance AMDUSDT | +0.0518% | 8h | 619.76 | +0.065% | $75.6M | $193.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0520% | 1h | 619.54 | +0.030% | $458K | $1.5M | 10x | as long as short |
| Bitget AMDUSDT | +0.0524% | 8h | 619.64 | +0.045% | $10.1M | $18.2M | 20x | as long as short |
| BloFin AMD-USDT | +0.0534% | 8h | 619.93 | +0.092% | $6K | $547K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0671% | 1h | 619.23 | −0.021% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USDlong | +0.0780% | 1h | 619.36 | long leg | $144K | $267K | 10x |
Coinbase International AMD-PERP-INTX
OKX AMD-USDT-SWAP
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aster AMDUSDT
Lighter AMD
ApeX Omni AMDUSDT
Aevo AMD-PERP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
Bitget AMDUSDT
BloFin AMD-USDT
Deribit AMD_USDC-PERPETUAL