Funding you earn now, next payment 06:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.080%
Price spread now: Lighter RH against GRVT−0.150%109s7-day average −0.051% · 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—prices read too far apart to compare
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.150%, 7d avg −0.051%
=Together, before fees+0.043%+ Points / potential airdropGRVT: Active · Lighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter RH is 0.099% cheaper against GRVT than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AMD_USDT_Perp | 616.09 | 0.0168 | pay 0.0168% / 8h | 2h 59m | $19K | $162K | 10x |
| Short | Lighter RH AMD | 615.16 | 0.0032 | get 0.0004% / 1h | 59m 46s | $793K | $4.5M | 10x |
GRVT AMD_USDT_Perp
Lighter RH AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GRVT. 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
- −$28.56
- Price spread: −0.150% → −0.051%
- −$9.92
- Slippage, 4 orders
- −$13.23
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$60.71
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 52 min ago; Lighter RH: live order book, 4 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 GRVT live order book, 52 min ago | 1.21 bp | 8.9 bp −$9 | 14.6 bp −$146 | 86477.9 bp −$8.65M | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.87 bp | 3.2 bp −$3 | 11.3 bp −$113 | 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 | −0.0334% | 4h | 615.46 | −0.101% | $77K | $1.7M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | −0.0010% | 1h | 614.77 | −0.214% | $77K | $151K | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.88 | −0.196% | $4.4M | $14.0M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 615.46 | −0.102% | $10.2M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.17 | −0.149% | $1K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.12 | −0.157% | $116K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.11 | −0.158% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 615.14 | −0.154% | $525K | $2.5M | 10x | as long as short |
| Lighter RH AMDshort | +0.0032% | 1h | 615.16 | −0.150% | $793K | $4.5M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 619.05 | +0.481% | $2K | $57K | 12x | as long as short |
edgeX AMDUSDC
Deribit AMD_USDC-PERPETUAL
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 615.11 | −0.158% | $140K | $269K | 10x | as long as short |
| Nado AMD-PERP | +0.0046% | 1h | 615.07 | −0.166% | $256K | $239K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0048% | 1h | 616.26 | +0.028% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0049% | 1h | 615.20 | −0.144% | $2.1M | $11.5M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 614.87 | −0.197% | $395K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 614.93 | −0.188% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.87 | −0.197% | $1.2M | $4.9M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0088% | 1h | 615.08 | −0.163% | $321K | $1.9M | 10x | as long as short |
| Aster AMDUSDT | +0.0095% | 8h | 615.34 | −0.121% | $69K | $415K | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 614.84 | −0.202% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 614.66 | −0.231% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.03 | −0.171% | $368 | $6K | 10x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 614.83 | −0.204% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0158% | 8h | 614.81 | −0.207% | $6.5M | $28.7M | 25x | as long as short |
| GRVT AMD_USDT_Perplong | +0.0168% | 8h | 616.09 | long leg | $19K | $162K | 10x | |
| Aevo AMD-PERP | +0.0192% | 1h | 615.31 | −0.126% | $11K | — | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0267% | 1h | 615.05 | −0.168% | $23.1M | $94.7M | 10x | as long as short |
| Variational Omni AMD | +0.0358% | 8h | 614.82 | −0.206% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0429% | 8h | 614.91 | −0.192% | $71.3M | $199.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0432% | 1h | 614.80 | −0.208% | $459K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0452% | 8h | 614.99 | −0.178% | $6K | $546K | 20x | as long as short |
Arcus AMD-USD
Nado AMD-PERP
Vest AMD-USD-PERP
QFEX AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Coinbase International AMD-PERP-INTX
Aster AMDUSDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
tradeXYZ xyz:AMD
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT