Funding you earn now, next payment 01:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.086%
Price spread now: Lighter against Binance−0.067%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 2 days (all we have)+0.037%+$4 · spread now −0.067%, 7d avg −0.028%
=Together, before fees−0.022%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Lighter is 0.038% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment. 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 | Binance AMDUSDT | 622.54 | 0.0644 | pay 0.0644% / 8h | 7h 39m | $75.9M | $191.5M | 25x |
| Short | Lighter AMD | 622.12 | 0.0168 | get 0.0021% / 1h | 39m 11s | $539K | $2.3M | 10x |
Binance AMDUSDT
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$99.87
- Price spread: −0.067% → −0.028%
- −$3.83
- Slippage, 4 orders
- −$9.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$123
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Lighter: live order book, 3 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 Binance live order book, 4 min ago | 0.08 bp | 6.9 bp −$7 | 18.7 bp −$187 | 60.9 bp −$6,091 | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.61 bp | 2.3 bp −$2 | 5.0 bp −$50 | 75.0 bp −$7,503 | 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 | −0.0117% | 4h | 623.19 | +0.105% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.64 | +0.017% | $2K | $8.7M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.60 | +0.010% | $1.8M | $459K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.92 | −0.099% | $854K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.737% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0049% | 1h | 623.64 | +0.177% | — | $926K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.63 | −0.146% | $1.5M | $4.3M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.78 | +0.039% | $2.3M | $13.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.25 | −0.046% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.60 | +0.010% | $372 | $6K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythosShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.04 | +0.081% | $312K | $1.8M | 10x | as long as short |
| Lighter AMDshort | +0.0168% | 1h | 622.12 | −0.067% | $539K | $2.3M | 10x | |
| Phoenix AMD | +0.0219% | 1h | 622.87 | +0.054% | $2K | $92K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0228% | 8h | 622.48 | −0.009% | $6.9M | $28.4M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.74 | +0.033% | $11K | — | 10x | as long as short |
| Gate AMD_USDT | +0.0249% | 8h | 622.85 | +0.050% | $4.5M | $13.4M | 50x | as long as short |
| Aster AMDUSDT | +0.0293% | 8h | 621.66 | −0.140% | $72K | $416K | 50x | as long as short |
| SoDEX AMD-USD | +0.0342% | 1h | 622.39 | −0.023% | $26K | $24K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0410% | 1h | 622.01 | −0.084% | $25.0M | $93.2M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0417% | 1h | 622.34 | −0.031% | $397K | $1.5M | 10x | as long as short |
| Nado AMD-PERP | +0.0425% | 1h | 622.10 | −0.070% | $319K | $171K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0490% | 1h | 622.13 | −0.065% | $77K | $151K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0498% | 1h | 622.80 | +0.042% | $80K | $258K | 50x | as long as short |
| Variational Omni AMD | +0.0591% | 8h | 623.20 | +0.107% | $2.6M | $3.2M | — | as long as short |
| HTX AMD-USDT | +0.0625% | 8h | 622.40 | −0.022% | $132K | $579K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0640% | 1h | 622.51 | −0.005% | $466K | $2.2M | 10x | as long as short |
| Binance AMDUSDTlong | +0.0644% | 8h | 622.54 | long leg | $75.9M | $191.5M | 25x | |
| BloFin AMD-USDT | +0.0665% | 8h | 622.66 | +0.020% | $6K | $550K | 20x | as long as short |
| Bitget AMDUSDT | +0.0746% | 8h | 622.87 | +0.054% | $10.2M | $17.6M | 20x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 623.20 | +0.107% | $145K | $265K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1770% | 8h | 623.46 | +0.148% | $18K | $131K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Gate AMD_USDT
Aster AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Nado AMD-PERP
Deribit AMD_USDC-PERPETUAL
ApeX Omni AMDUSDT
Variational Omni AMD
HTX AMD-USDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Bitget AMDUSDT
Arcus AMD-USD
GRVT AMD_USDT_Perp