Funding you earn now, next payment 00:00 UTC−0.0319%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h +0.053%
Price spread now: Nado against Deribit−0.103%7-day average +0.006% · 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−$45as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 3 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.103%, 7d avg +0.006%
=Together, before fees+0.198%+ Points / potential airdropNado: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Nado is 0.108% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.028% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 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 | Deribit AMD_USDC-PERPETUAL | 620.53 | 0.0847 | pay 0.0106% / 1h | 45m 57s | $77K | $163K | 10x |
| Short | Nado AMD-PERP | 619.89 | 0.0528 | get 0.0066% / 1h | 45m 57s | $318K | $167K | 10x |
Deribit AMD_USDC-PERPETUAL
Nado AMD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- −$67.04
- Price spread: −0.103% → +0.006%
- −$10.85
- Slippage, 4 orders
- −$20.08
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$111.97
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 32 min ago; Nado: live order book, 32 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 Deribit live order book, 32 min ago | 5.57 bp | 9.1 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Nado live order book, 32 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 | −0.0163% | 4h | 620.73 | +0.033% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.83 | +0.048% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.90 | +0.060% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.50 | −0.005% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.83 | +0.048% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.27 | −0.042% | $836K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.420% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.49 | +0.155% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.70 | −0.134% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0056% | 1h | 620.38 | −0.024% | $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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.75 | +0.035% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.145% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.36 | −0.027% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.60 | +0.011% | $379 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0120% | 8h | 620.64 | +0.018% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0142% | 1h | 620.13 | −0.064% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.36 | −0.027% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.97 | +0.070% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0218% | 8h | 620.79 | +0.043% | $72K | $416K | 50x | as long as short |
| Lighter AMD | +0.0232% | 1h | 620.43 | −0.016% | $525K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0256% | 1h | 620.59 | +0.010% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0293% | 1h | 620.45 | −0.013% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0489% | 8h | 620.84 | +0.050% | $18K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.79 | +0.041% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERPshort | +0.0528% | 1h | 619.89 | −0.103% | $318K | $167K | 10x | |
| Bitget AMDUSDT | +0.0544% | 8h | 620.68 | +0.024% | $10.1M | $18.1M | 20x | as long as short |
| BloFin AMD-USDT | +0.0549% | 8h | 620.91 | +0.061% | $6K | $545K | 20x | as long as short |
| Binance AMDUSDT | +0.0550% | 8h | 620.74 | +0.034% | $75.7M | $192.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 620.68 | +0.024% | $464K | $1.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0847% | 1h | 620.53 | long leg | $77K | $163K | 10x | |
| Arcus AMD-USD | +0.0919% | 1h | 620.57 | +0.006% | $145K | $265K | 10x | as long as short |
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aevo AMD-PERP
Aster AMDUSDT
Lighter AMD
SoDEX AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Arcus AMD-USD