Funding you earn now, next payment 23:00 UTC−0.0429%/8h= −47.0% APRnext payment −$0.54 per $10,000 · paid last 24h −0.029%
Price spread now: Lighter RH against Deribit−0.008%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 5 days (all we have)−0.065%−$6 on $10k
+Price spread, last 3 days (all we have)+0.122%+$12 · spread now −0.008%, 7d avg −0.002%
=Together, before fees+0.058%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$13 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 -0.065% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.54 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 | 619.09 | 0.0461 | pay 0.0058% / 1h | 28m 52s | $77K | $163K | 10x |
| Short | Lighter RH AMD | 619.04 | 0.0032 | get 0.0004% / 1h | 28m 52s | $830K | $4.7M | 10x |
Deribit AMD_USDC-PERPETUAL
Lighter RH AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$90.14
- Price spread: −0.008% → −0.002%
- −$0.56
- Slippage, 4 orders
- −$19.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$117.62
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 55 min ago; Lighter RH: live order book, 5 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, 55 min ago | 6.01 bp | 9.5 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.21 bp | 2.6 bp −$3 | 8.9 bp −$89 | 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 | −0.0903% | 4h | 618.46 | −0.102% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 619.42 | +0.053% | $4.4M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 618.72 | −0.060% | $2K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 618.54 | −0.089% | $127K | $576K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 619.57 | +0.078% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMDshort | +0.0032% | 1h | 619.04 | −0.008% | $830K | $4.7M | 10x | |
| OKX AMD-USDT-SWAP | +0.0033% | 8h | 619.42 | +0.053% | $6.8M | $28.9M | 25x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.190% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 619.48 | +0.063% | — | $949K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 618.62 | −0.076% | $394K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
OKX AMD-USDT-SWAP
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 617.44 | −0.267% | $1.4M | $4.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0071% | 1h | 618.94 | −0.024% | $24.8M | $95.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 617.62 | −0.237% | $310K | $1.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 618.66 | −0.069% | $2.3M | $13.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 618.74 | −0.057% | $1.9M | $323K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 619.30 | +0.034% | $378 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0141% | 8h | 618.75 | −0.055% | $72K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 617.76 | −0.215% | $2K | $94K | 10x | as long as short |
| Lighter AMD | +0.0200% | 1h | 619.21 | +0.019% | $535K | $2.6M | 10x | as long as short |
| Aevo AMD-PERP | +0.0200% | 1h | 619.71 | +0.100% | $11K | — | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0233% | 1h | 618.42 | −0.108% | $79K | $259K | 50x | as long as short |
| SoDEX AMD-USD | +0.0274% | 1h | 618.87 | −0.036% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0410% | 1h | 618.18 | −0.148% | $315K | $166K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0423% | 8h | 618.19 | −0.145% | $17K | $139K | 10x | as long as short |
| Variational Omni AMD | +0.0430% | 8h | 618.20 | −0.144% | $2.7M | $3.1M | — | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0461% | 1h | 619.09 | long leg | $77K | $163K | 10x | |
| Extended AMD_24_5-USD | +0.0480% | 1h | 619.53 | +0.071% | $458K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0482% | 8h | 619.64 | +0.089% | $75.5M | $193.5M | 25x | as long as short |
| BloFin AMD-USDT | +0.0482% | 8h | 619.51 | +0.068% | $6K | $543K | 20x | as long as short |
| Bitget AMDUSDT | +0.0502% | 8h | 619.53 | +0.071% | $10.1M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 618.61 | −0.078% | $143K | $275K | 10x | as long as short |
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
Coinbase International AMD-PERP-INTX
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
Lighter AMD
Aevo AMD-PERP
ApeX Omni AMDUSDT
SoDEX AMD-USD
Nado AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Bitget AMDUSDT
Arcus AMD-USD