Funding you earn now, next payment 12:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h −0.077%
Price spread now: Lighter against BloFin+0.013%60s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now +0.013%, 7d avg −0.024%
=Together, before fees+0.009%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.037% dearer against BloFin than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.024%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.089% in total) that is about 2.9 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AMD-USDT | 609.95 | 0.0417 | pay 0.0417% / 8h | 4h 51m | $7K | $565K | 20x |
| Short | Lighter AMD | 610.03 | 0.0184 | get 0.0023% / 1h | 51m 54s | $509K | $2.3M | 10x |
BloFin AMD-USDT
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$48.84
- Price spread: +0.013% → −0.024%
- $3.73
- Slippage, 4 orders
- −$7.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$64.46
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 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 BloFin live order book, 52 min ago | 1.39 bp | 8.6 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.23 bp | 1.2 bp −$1 | 3.4 bp −$34 | 64.0 bp −$6,399 | doesn't fit |
AMD on 31 exchanges
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 | −0.0195% | 4h | 610.65 | +0.115% | $74K | $1.6M | 10x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 610.42 | +0.077% | $10.3M | $16.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 610.32 | +0.061% | $1K | $6.5M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 610.40 | +0.074% | $87K | $694K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 610.54 | +0.097% | $1.7M | $465K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 609.90 | −0.008% | $779K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 548.57 | −10.063% | $2K | $58K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 610.50 | +0.090% | — | $923K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 610.05 | +0.016% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 609.93 | −0.003% | $26K | $20K | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 609.03 | −0.151% | $1.4M | $5.2M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0061% | 1h | 609.75 | −0.033% | $21.3M | $95.2M | 10x | as long as short |
| QFEX AMD-USD | +0.0063% | 1h | 609.98 | +0.005% | $2.0M | $11.1M | 10x | as long as short |
| Gate AMD_USDT | +0.0083% | 8h | 610.59 | +0.105% | $4.7M | $14.7M | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 610.08 | +0.021% | $1.9M | $505K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 610.29 | +0.056% | $79K | $253K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 610.31 | +0.059% | $365 | $2K | 10x | as long as short |
| Aster AMDUSDT | +0.0115% | 8h | 611.62 | +0.274% | $72K | $414K | 50x | as long as short |
| Phoenix AMD | +0.0131% | 1h | 610.22 | +0.044% | $2K | $74K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0150% | 8h | 609.99 | +0.007% | $6.9M | $30.1M | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0152% | 1h | 609.91 | −0.007% | $290K | $1.7M | 10x | as long as short |
| Lighter AMDshort | +0.0184% | 1h | 610.03 | +0.013% | $509K | $2.3M | 10x | |
| Aevo AMD-PERP | +0.0184% | 1h | 610.40 | +0.074% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0239% | 1h | 609.58 | −0.060% | $250K | $243K | 10x | as long as short |
| Variational Omni AMD | +0.0337% | 8h | 610.53 | +0.096% | $1.9M | $3.9M | — | as long as short |
| Arcus AMD-USD | +0.0387% | 1h | 609.78 | −0.028% | $121K | $211K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0408% | 1h | 610.20 | +0.041% | $457K | $3.6M | 10x | as long as short |
| Binance AMDUSDT | +0.0410% | 8h | 610.37 | +0.069% | $72.9M | $194.7M | 25x | as long as short |
| BloFin AMD-USDTlong | +0.0417% | 8h | 609.95 | long leg | $7K | $565K | 20x | |
| Deribit AMD_USDC-PERPETUAL | +0.0439% | 1h | 609.98 | +0.005% | $67K | $146K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0532% | 8h | 610.77 | +0.135% | $21K | $216K | 10x | as long as short |
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
QFEX AMD-USD
Gate AMD_USDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
Nado AMD-PERP
Variational Omni AMD
Arcus AMD-USD
Extended AMD_24_5-USD
Binance AMDUSDT
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp