Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.014%
Price spread now: Lighter RH against Coinbase International+0.039%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.039%, 7d avg +0.085%
=Together, before fees+0.056%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.046% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 614.72 | 0.0088 | pay 0.0011% / 1h | 1m 49s | $315K | $1.8M | 10x |
| Short | Lighter RH AMD | 614.96 | 0.0032 | get 0.0004% / 1h | 1m 49s | $792K | $4.6M | 10x |
Coinbase International AMD-PERP-INTX
Lighter RH AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Coinbase International. 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
- −$11.76
- Price spread: +0.039% → +0.085%
- −$4.64
- Slippage, 4 orders
- −$16.68
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$43.07
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Lighter RH: live order book, 2 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 Coinbase International live order book, 2 min ago | 5.28 bp | 10.7 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.87 bp | 3.2 bp −$3 | 11.3 bp −$113 | 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 | −0.0745% | 4h | 616.13 | +0.230% | $77K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.00 | +0.046% | $4.4M | $14.0M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 615.15 | +0.070% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.97 | +0.041% | $1K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 614.69 | −0.005% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.91 | +0.031% | $116K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.18 | +0.075% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 614.91 | +0.031% | $525K | $2.6M | 10x | as long as short |
| Lighter RH AMDshort | +0.0032% | 1h | 614.96 | +0.039% | $792K | $4.6M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.704% | $2K | $57K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 615.43 | +0.115% | $140K | $269K | 10x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 614.97 | +0.041% | $2.1M | $11.5M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0049% | 1h | 616.05 | +0.216% | — | $924K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 614.72 | 0.000% | $394K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 614.87 | +0.024% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0050% | 1h | 614.66 | −0.009% | $255K | $239K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.39 | −0.054% | $1.3M | $4.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0079% | 1h | 614.95 | +0.037% | $23.1M | $94.6M | 10x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0088% | 1h | 614.72 | long leg | $315K | $1.8M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 614.84 | +0.020% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 615.77 | +0.171% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 614.98 | +0.042% | $368 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0102% | 8h | 615.21 | +0.080% | $69K | $415K | 50x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 616.22 | +0.244% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0162% | 8h | 615.00 | +0.046% | $6.6M | $28.7M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0168% | 8h | 616.09 | +0.222% | $19K | $162K | 10x | as long as short |
| Aevo AMD-PERP | +0.0192% | 1h | 615.14 | +0.069% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0372% | 8h | 616.51 | +0.291% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0434% | 8h | 615.05 | +0.054% | $71.3M | $199.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0440% | 1h | 614.76 | +0.006% | $459K | $3.0M | 10x | as long as short |
| BloFin AMD-USDT | +0.0453% | 8h | 615.26 | +0.088% | $6K | $546K | 20x | as long as short |
Arcus AMD-USD
QFEX AMD-USD
Vest AMD-USD-PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
Nado AMD-PERP
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT