Funding you earn now, next payment 23:00 UTC−0.0382%/8h= −41.8% APRnext payment −$0.48 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter against Deribit+0.006%7-day average +0.024% · 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−$25as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 5 days (all we have)−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now +0.006%, 7d avg +0.024%
=Together, before fees+0.110%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.020% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. 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 | Deribit AMD_USDC-PERPETUAL | 619.51 | 0.0574 | pay 0.0072% / 1h | 9m 28s | $77K | $163K | 10x |
| Short | Lighter AMD | 619.55 | 0.0192 | get 0.0024% / 1h | 9m 28s | $535K | $2.6M | 10x |
Deribit AMD_USDC-PERPETUAL
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- −$80.2
- Price spread: +0.006% → +0.024%
- −$1.73
- Slippage, 4 orders
- −$16.66
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$105.59
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 9 min ago; Lighter: live order book, 7 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 Deribit live order book, 9 min ago | 5.57 bp | 9.1 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 1.62 bp | 2.6 bp −$3 | 5.1 bp −$51 | 35.3 bp −$3,529 | 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 | −0.0521% | 4h | 619.71 | +0.033% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.87 | +0.058% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.13 | +0.100% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 619.71 | +0.032% | $132K | $580K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.00 | +0.079% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 619.45 | −0.010% | $834K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.257% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 620.52 | +0.163% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.05 | −0.074% | $1.5M | $4.9M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0054% | 1h | 619.46 | −0.008% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AMD-USDT-SWAP | +0.0066% | 8h | 619.59 | +0.013% | $6.8M | $28.7M | 25x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 618.86 | −0.105% | $311K | $1.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 619.71 | +0.032% | $2.3M | $13.3M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0093% | 1h | 619.24 | −0.044% | $24.8M | $95.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.49 | −0.003% | $1.9M | $320K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.65 | +0.023% | $378 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 619.21 | −0.048% | $2K | $94K | 10x | as long as short |
| Aster AMDUSDT | +0.0178% | 8h | 619.04 | −0.076% | $72K | $416K | 50x | as long as short |
| Lighter AMDshort | +0.0192% | 1h | 619.55 | +0.006% | $535K | $2.6M | 10x | |
| ApeX Omni AMDUSDT | +0.0194% | 1h | 619.34 | −0.027% | $80K | $259K | 50x | as long as short |
| Aevo AMD-PERP | +0.0208% | 1h | 620.03 | +0.084% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0265% | 1h | 619.71 | +0.032% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0413% | 1h | 619.07 | −0.071% | $316K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0453% | 8h | 619.68 | +0.027% | $17K | $137K | 10x | as long as short |
| Variational Omni AMD | +0.0460% | 8h | 619.72 | +0.034% | $2.7M | $3.1M | — | as long as short |
| Extended AMD_24_5-USD | +0.0512% | 1h | 619.73 | +0.036% | $458K | $1.5M | 10x | as long as short |
| BloFin AMD-USDT | +0.0513% | 8h | 619.99 | +0.077% | $6K | $546K | 20x | as long as short |
| Binance AMDUSDT | +0.0513% | 8h | 619.83 | +0.052% | $75.6M | $193.1M | 25x | as long as short |
| Bitget AMDUSDT | +0.0520% | 8h | 619.62 | +0.018% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0574% | 1h | 619.51 | long leg | $77K | $163K | 10x | |
| Arcus AMD-USD | +0.0780% | 1h | 619.65 | +0.023% | $145K | $267K | 10x | as long as short |
OKX AMD-USDT-SWAP
Coinbase International AMD-PERP-INTX
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
Aster AMDUSDT
ApeX Omni AMDUSDT
Aevo AMD-PERP
SoDEX AMD-USD
Nado AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT
Binance AMDUSDT
Bitget AMDUSDT
Arcus AMD-USD