Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.032%

Price spread now: Lighter RH against Gate−0.050%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$9 on $10k

Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.050%, 7d avg −0.016%

Together, before fees+0.291%+ Points / potential airdropLighter RH: Points live · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.016%). If the spread goes back, that is −$3 on $10k: about 3.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AMD_USDT	618.17	0	get 0.0000% / 8h	1h 34m	$4.4M	$13.3M	50x
Short	Lighter RH AMD	617.86	0.0032	get 0.0004% / 1h	34m 59s	$827K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.050%Rate

Funding earned: $6.72
Price spread: −0.050% → −0.016%: −$3.45
Slippage, 4 orders: −$15.29
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$27.02
Costs to cover: 0.303%
Break-even: 35.1 days

Slippage from Gate: live order book, 4 min ago; Lighter RH: 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, 4 min ago	1.54 bp	13.1 bp −$13	34.3 bp −$343	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.54 bp	2.4 bp −$2	9.8 bp −$98	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	−0.0006%	4h	617.60	−0.093%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTlong	0.0000%	8h	618.17	long leg	$4.4M	$13.3M	50x
SunX AMD-USDT	0.0000%	8h	618.26	+0.015%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	618.12	−0.008%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	617.73	−0.071%	$1.7M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0024%	8h	618.25	+0.013%	$6.8M	$28.8M	25x	as long as short
Lighter RH AMDshort	+0.0032%	1h	617.86	−0.050%	$827K	$4.7M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.043%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	618.76	+0.095%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	617.78	−0.063%	$394K	$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
Ondo Perps AMD-USD.P	+0.0050%	1h	617.21	−0.155%	$1.4M	$4.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0069%	1h	617.70	−0.076%	$24.7M	$95.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.60	−0.254%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	617.95	−0.036%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	617.41	−0.123%	$1.9M	$323K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	617.98	−0.031%	$377	$6K	10x	as long as short
Aster AMDUSDT	+0.0124%	8h	617.16	−0.164%	$71K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	617.45	−0.116%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0200%	1h	618.08	−0.014%	$11K	—	10x	as long as short
Lighter AMD	+0.0208%	1h	618.02	−0.024%	$534K	$2.6M	10x	as long as short
ApeX Omni AMDUSDT	+0.0222%	1h	616.51	−0.269%	$79K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0272%	1h	618.03	−0.023%	$25K	$24K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0382%	1h	617.92	−0.040%	$77K	$163K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0404%	8h	617.56	−0.099%	$17K	$139K	10x	as long as short
Variational Omni AMD	+0.0414%	8h	617.84	−0.053%	$2.7M	$3.1M	—	as long as short
Nado AMD-PERP	+0.0421%	1h	617.35	−0.133%	$315K	$166K	10x	as long as short
BloFin AMD-USDT	+0.0459%	8h	618.21	+0.006%	$6K	$542K	20x	as long as short
Extended AMD_24_5-USD	+0.0464%	1h	618.36	+0.031%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0467%	8h	618.41	+0.038%	$75.4M	$193.3M	25x	as long as short
Bitget AMDUSDT	+0.0498%	8h	618.16	−0.002%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	617.90	−0.044%	$143K	$275K	10x	as long as short