AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0536%/8h= −58.7% APRnext payment −$0.67 per $10,000 · paid last 24h −0.114%

Price spread now: Lighter RH against Extended−0.050%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$180.184% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 7 days−0.062%−$6 · spread now −0.050%, 7d avg −0.003%

Together, before fees−0.189%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Lighter RH is 0.047% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 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	621.61	0.0568	pay 0.0071% / 1h	51m 43s	$464K	$1.9M	10x
Short	Lighter RH AMD	621.30	0.0032	get 0.0004% / 1h	51m 43s	$846K	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$112.56
Price spread: −0.050% → −0.003%: −$4.71
Slippage, 4 orders: −$13.37
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$135.64
Costs to cover: 0.184%
Break-even: never at this rate

Slippage from Extended: 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 Extended live order book, 2 min ago	0.72 bp	7.0 bp −$7	66.6 bp −$666	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.93 bp	2.6 bp −$3	11.1 bp −$111	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	−0.0779%	4h	621.91	+0.047%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	621.85	+0.038%	$4.5M	$13.7M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	621.88	+0.043%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	621.85	+0.038%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.44	−0.028%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	621.69	+0.013%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	621.22	−0.063%	$1.8M	$460K	10x	as long as short
Lighter AMD	+0.0032%	1h	621.37	−0.039%	$553K	$2.5M	10x	as long as short
Lighter RH AMDshort	+0.0032%	1h	621.30	−0.050%	$846K	$4.4M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.591%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.14	+0.085%	$145K	$265K	10x	as long as short
QFEX AMD-USD	+0.0049%	1h	621.72	+0.018%	$2.1M	$11.6M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	621.46	−0.024%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	621.61	0.000%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.05	−0.090%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0066%	1h	623.08	+0.236%	—	$923K	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	621.55	−0.010%	$316K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.53	−0.013%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.86	+0.040%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.69	+0.013%	$372	$6K	10x	as long as short
Nado AMD-PERP	+0.0124%	1h	621.42	−0.031%	$268K	$231K	10x	as long as short
Phoenix AMD	+0.0141%	1h	622.28	+0.108%	$2K	$90K	10x	as long as short
tradeXYZ xyz:AMD	+0.0159%	1h	621.30	−0.050%	$23.6M	$94.3M	10x	as long as short
Aster AMDUSDT	+0.0215%	8h	621.51	−0.016%	$72K	$412K	50x	as long as short
Aevo AMD-PERP	+0.0224%	1h	621.98	+0.059%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0226%	8h	621.29	−0.052%	$6.9M	$28.1M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0299%	8h	622.39	+0.125%	$18K	$151K	10x	as long as short
Variational Omni AMD	+0.0512%	8h	622.03	+0.067%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0567%	8h	621.43	−0.029%	$72.9M	$195.6M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0568%	1h	621.61	long leg	$464K	$1.9M	10x
BloFin AMD-USDT	+0.0587%	8h	621.94	+0.053%	$7K	$550K	20x	as long as short