AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.056%

Price spread now: Lighter against Extended−0.062%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.062%, 7d avg +0.010%

Together, before fees+0.091%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.073% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.010%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.40 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	Extended AMD_24_5-USD	619.92	0.0512	pay 0.0064% / 1h	10m 36s	$458K	$1.5M	10x
Short	Lighter AMD	619.53	0.0192	get 0.0024% / 1h	10m 36s	$535K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$67.2
Price spread: −0.062% → +0.010%: −$7.29
Slippage, 4 orders: −$13.31
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$92.79
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 6 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 Extended live order book, 3 min ago	0.48 bp	7.4 bp −$7	58.0 bp −$580	doesn't fit	doesn't fit
Sell Lighter live order book, 6 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	−0.0033%	4h	619.68	−0.039%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.99	+0.012%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.78	−0.022%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.53	−0.062%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.81	−0.017%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.40	−0.083%	$834K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.322%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.41	+0.080%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.75	−0.188%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USD	+0.0052%	1h	619.42	−0.080%	$395K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0062%	8h	619.93	+0.002%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.171%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.89	−0.004%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0092%	1h	619.29	−0.101%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.49	−0.069%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.54	−0.061%	$378	$6K	10x	as long as short
Phoenix AMD	+0.0169%	1h	619.21	−0.114%	$2K	$94K	10x	as long as short
Aster AMDUSDT	+0.0176%	8h	619.00	−0.147%	$72K	$416K	50x	as long as short
Lighter AMDshort	+0.0192%	1h	619.53	−0.062%	$535K	$2.6M	10x
ApeX Omni AMDUSDT	+0.0194%	1h	619.34	−0.093%	$80K	$259K	50x	as long as short
Aevo AMD-PERP	+0.0208%	1h	620.00	+0.014%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0261%	1h	619.72	−0.032%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0410%	1h	619.01	−0.147%	$315K	$166K	10x	as long as short
Variational Omni AMD	+0.0453%	8h	619.32	−0.097%	$2.7M	$3.2M	—	as long as short
GRVT AMD_USDT_Perp	+0.0453%	8h	619.68	−0.038%	$17K	$137K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0461%	1h	619.40	−0.083%	$77K	$163K	10x	as long as short
Binance AMDUSDT	+0.0510%	8h	620.05	+0.021%	$75.6M	$193.2M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0512%	1h	619.92	long leg	$458K	$1.5M	10x
BloFin AMD-USDT	+0.0513%	8h	619.99	+0.012%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0518%	8h	619.80	−0.019%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.70	−0.035%	$145K	$267K	10x	as long as short