AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0247%/8h= +27.1% APRnext payment +$0.31 per $10,000 · paid last 24h +0.076%

Price spread now: Nado against Phoenix−0.108%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.108% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 35 hours of funding at the current rate (+$7 a day). The two prices were read 57 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	Phoenix AMD	619.39	0.0169	pay 0.0021% / 1h	5m 37s	$2K	$94K	10x
Short	Nado AMD-PERP	618.72	0.0416	get 0.0052% / 1h	5m 37s	$315K	$166K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now −0.108%Rate

Funding earned: $51.91
Price spread: −0.108% → 0.000%: −$10.81
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $27.11
Costs to cover: 0.140%
Break-even: 3.3 days

Slippage unknown: Phoenix: no order-book sample; Nado: live order book, 12 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
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

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.028%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.65	+0.042%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.59	+0.032%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.19	−0.032%	$132K	$580K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.14	−0.040%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.10	−0.047%	$833K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.238%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.16	+0.124%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.79	−0.097%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0057%	1h	619.23	−0.026%	$394K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0070%	8h	619.40	+0.002%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.086%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.47	+0.013%	$2.3M	$13.4M	10x	as long as short
tradeXYZ xyz:AMD	+0.0095%	1h	618.91	−0.077%	$24.8M	$95.3M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.21	−0.029%	$1.9M	$320K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.37	−0.003%	$378	$6K	10x	as long as short
Phoenix AMDlong	+0.0169%	1h	619.39	long leg	$2K	$94K	10x
Aster AMDUSDT	+0.0187%	8h	618.79	−0.098%	$72K	$416K	50x	as long as short
Lighter AMD	+0.0192%	1h	619.24	−0.024%	$535K	$2.6M	10x	as long as short
ApeX Omni AMDUSDT	+0.0198%	1h	619.85	+0.074%	$80K	$259K	50x	as long as short
Aevo AMD-PERP	+0.0208%	1h	619.86	+0.076%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0253%	1h	619.45	+0.010%	$25K	$24K	10x	as long as short
Nado AMD-PERPshort	+0.0416%	1h	618.72	−0.108%	$315K	$166K	10x
Variational Omni AMD	+0.0460%	8h	619.72	+0.053%	$2.7M	$3.1M	—	as long as short
GRVT AMD_USDT_Perp	+0.0461%	8h	619.76	+0.060%	$17K	$137K	10x	as long as short
Binance AMDUSDT	+0.0518%	8h	619.63	+0.039%	$75.5M	$193.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0520%	1h	619.51	+0.019%	$458K	$1.5M	10x	as long as short
Bitget AMDUSDT	+0.0524%	8h	619.53	+0.023%	$10.1M	$18.2M	20x	as long as short
BloFin AMD-USDT	+0.0537%	8h	619.64	+0.040%	$6K	$546K	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0558%	1h	619.16	−0.037%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.36	−0.005%	$144K	$267K	10x	as long as short