Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.044%

Price spread now: Lighter against Gate−0.079%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.079%, 7d avg +0.010%

Together, before fees+0.373%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.089% cheaper against Gate than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.010%). If the spread goes back, that is −$9 on $10k: about 42 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.169% in total) that is about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AMD_USDT	620.43	0	get 0.0000% / 8h	28m 51s	$4.4M	$13.6M	50x
Short	Lighter AMD	619.94	0.0168	get 0.0021% / 1h	28m 51s	$525K	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now −0.079%Rate

Funding earned: $35.28
Price spread: −0.079% → +0.010%: −$8.9
Slippage, 4 orders: −$12.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1.23
Costs to cover: 0.276%
Break-even: 7.2 days

Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 3 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 Gate live order book, 5 min ago	0.64 bp	13.9 bp −$14	73.3 bp −$733	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	1.13 bp	1.1 bp −$1	3.3 bp −$33	63.1 bp −$6,308	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	−0.0270%	4h	620.28	−0.025%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTlong	0.0000%	8h	620.43	long leg	$4.4M	$13.6M	50x
SunX AMD-USDT	0.0000%	8h	620.13	−0.048%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.99	−0.071%	$132K	$581K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.68	−0.121%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.85	−0.093%	$835K	$4.6M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.404%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	621.11	+0.110%	—	$950K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.82	−0.098%	$395K	$1.6M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.26	−0.189%	$1.5M	$4.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMD-USD	+0.0080%	1h	620.21	−0.035%	$2.3M	$13.5M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0080%	1h	619.63	−0.129%	$312K	$1.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.95	−0.077%	$1.9M	$314K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.98	−0.073%	$378	$6K	10x	as long as short
ApeX Omni AMDUSDT	+0.0108%	1h	620.00	−0.069%	$80K	$258K	50x	as long as short
SoDEX AMD-USD	+0.0115%	1h	620.03	−0.064%	$25K	$24K	10x	as long as short
tradeXYZ xyz:AMD	+0.0122%	1h	619.72	−0.114%	$24.8M	$94.6M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0144%	8h	620.15	−0.045%	$6.8M	$28.6M	25x	as long as short
Lighter AMDshort	+0.0168%	1h	619.94	−0.079%	$525K	$2.5M	10x
Phoenix AMD	+0.0207%	1h	620.08	−0.056%	$2K	$92K	10x	as long as short
Aster AMDUSDT	+0.0212%	8h	620.22	−0.034%	$72K	$416K	50x	as long as short
Aevo AMD-PERP	+0.0216%	1h	620.45	+0.003%	$11K	—	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0428%	1h	619.99	−0.071%	$77K	$163K	10x	as long as short
Nado AMD-PERP	+0.0483%	1h	619.56	−0.140%	$317K	$167K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0486%	8h	620.43	0.000%	$17K	$134K	10x	as long as short
Variational Omni AMD	+0.0497%	8h	620.44	+0.002%	$2.7M	$3.2M	—	as long as short
BloFin AMD-USDT	+0.0521%	8h	620.20	−0.037%	$6K	$545K	20x	as long as short
Bitget AMDUSDT	+0.0544%	8h	620.17	−0.042%	$10.1M	$18.0M	20x	as long as short
Binance AMDUSDT	+0.0547%	8h	620.20	−0.036%	$75.5M	$192.4M	25x	as long as short
Extended AMD_24_5-USD	+0.0552%	1h	620.09	−0.054%	$464K	$1.5M	10x	as long as short
Arcus AMD-USD	+0.0919%	1h	620.01	−0.068%	$145K	$265K	10x	as long as short