Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.012%

Price spread now: Bitget against Nado+0.042%52s7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.396% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.042%−$4 on $10k

Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.042%, 7d avg +0.035%

Together, before fees−0.179%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMD-PERP	618.88	0.0092	pay 0.0012% / 1h	27m 39s	$264K	$235K	10x
Short	Bitget AMDUSDT	619.14	0	get 0.0000% / 8h	3h 27m	$10.2M	$17.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$19.35
Price spread: +0.042% → +0.035%: $0.65
Slippage, 4 orders: −$20.59
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$58.29
Costs to cover: 0.396%
Break-even: never at this rate

Slippage from Nado: live order book, 25 min ago; Bitget: live order book, 1 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, 25 min ago	3.70 bp	11.3 bp −$11	31.4 bp −$314	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.21 bp	9.5 bp −$9	22.8 bp −$228	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	−0.0702%	4h	619.41	+0.086%	$78K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	618.94	+0.009%	$4.5M	$13.7M	50x	as long as short
Bitget AMDUSDTshort	0.0000%	8h	619.14	+0.042%	$10.2M	$17.1M	20x
SunX AMD-USDT	0.0000%	8h	619.70	+0.132%	$1K	$8.2M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.52	+0.103%	$117K	$623K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	618.96	+0.013%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	618.55	−0.054%	$834K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	619.05	+0.027%	$2K	$57K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	619.36	+0.077%	$144K	$265K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	618.76	−0.020%	$2.1M	$11.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	619.25	+0.059%	$397K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	619.49	+0.098%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	617.94	−0.152%	$1.3M	$4.4M	10x	as long as short
Lighter AMD	+0.0056%	1h	618.62	−0.042%	$536K	$2.5M	10x	as long as short
Vest AMD-USD-PERP	+0.0062%	1h	620.63	+0.282%	—	$923K	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	619.13	+0.040%	$314K	$1.8M	10x	as long as short
Nado AMD-PERPlong	+0.0092%	1h	618.88	long leg	$264K	$235K	10x
KuCoin AMDUSDTM	+0.0100%	8h	618.59	−0.047%	$1.9M	$293K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	619.34	+0.074%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.48	+0.097%	$370	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0127%	1h	618.41	−0.076%	$23.5M	$94.4M	10x	as long as short
Phoenix AMD	+0.0141%	1h	619.39	+0.082%	$2K	$90K	10x	as long as short
Aster AMDUSDT	+0.0170%	8h	618.58	−0.050%	$69K	$414K	50x	as long as short
Aevo AMD-PERP	+0.0208%	1h	619.79	+0.146%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0210%	8h	618.68	−0.033%	$6.8M	$28.2M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0244%	8h	619.42	+0.086%	$18K	$158K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0299%	1h	619.09	+0.034%	$77K	$151K	10x	as long as short
Variational Omni AMD	+0.0452%	8h	619.69	+0.130%	$2.5M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0504%	8h	619.66	+0.126%	$6K	$549K	20x	as long as short
Extended AMD_24_5-USD	+0.0520%	1h	618.61	−0.044%	$461K	$1.9M	10x	as long as short
Binance AMDUSDT	+0.0522%	8h	618.90	+0.003%	$72.6M	$196.2M	25x	as long as short