Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0309%/8h= +33.8% APRpaid last 24h +0.052%
Price spread now: Bitget against Lighter+0.103%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.103%, 7d avg +0.010%
Together, before fees−0.158%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.093% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.010%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD620.590.0112pay 0.0014% / 1h30m 54s$549K$2.4M10x
ShortBitget AMDUSDT621.230.0421get 0.0421% / 8h6h 30m$10.3M$17.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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

Funding earned
$64.89
Price spread: +0.103% → +0.010%
$9.34
Slippage, 4 orders
−$14.06
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$48.16
Costs to cover
0.261%
Break-even
1.8 days
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago0.97 bp1.0 bp −$13.3 bp −$3341.2 bp −$4,116doesn't fit
Sell Bitget live order book, 3 min ago1.21 bp12.2 bp −$1222.5 bp −$22540.3 bp −$4,032doesn't fit

AMD on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0170%4h620.45−0.022%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h621.21+0.100%$4.6M$13.3M50xas long as short
SunX AMD-USDT0.0000%8h621.02+0.069%$2K$8.4M10xas long as short
HTX AMD-USDT0.0000%8h620.67+0.013%$121K$598K20xas long as short
Phemex AMDUSDT0.0000%8h621.18+0.095%$1.8M$460K10xas long as short
Lighter RH AMD+0.0032%1h620.49−0.016%$842K$4.4M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.429%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h620.62+0.005%$144K$263K10xas long as short
Polymarket Perps AMD-USD+0.0050%1h620.56−0.005%$396K$1.5M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h619.69−0.145%$1.5M$4.2M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0060%1h621.57+0.158%$924K25xas long as short
SoDEX AMD-USD+0.0072%1h620.90+0.050%$25K$24K10xas long as short
QFEX AMD-USD+0.0080%1h620.91+0.052%$2.2M$12.5M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.51−0.013%$1.9M$289K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.51−0.013%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h620.62+0.005%$371$6K10xas long as short
Lighter AMDlong+0.0112%1h620.59long leg$549K$2.4M10x
Coinbase International AMD-PERP-INTX+0.0120%1h620.08−0.082%$299K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0128%1h620.49−0.016%$25.0M$93.5M10xas long as short
Phoenix AMD+0.0244%1h619.90−0.111%$2K$90K10xas long as short
Aevo AMD-PERP+0.0272%1h621.27+0.109%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0273%8h621.04+0.073%$6.9M$28.2M25xas long as short
Nado AMD-PERP+0.0359%1h620.03−0.091%$268K$204K10xas long as short
Aster AMDUSDT+0.0390%8h620.87+0.044%$72K$416K50xas long as short
Bitget AMDUSDTshort+0.0421%8h621.23+0.103%$10.3M$17.3M20x
Deribit AMD_USDC-PERPETUAL+0.0702%1h620.52−0.011%$77K$151K10xas long as short
Variational Omni AMD+0.0706%8h620.91+0.051%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0760%8h621.27+0.110%$75.4M$190.9M25xas long as short
Extended AMD_24_5-USD+0.0760%1h620.96+0.060%$464K$1.9M10xas long as short
GRVT AMD_USDT_Perp+0.0802%8h620.34−0.040%$17K$132K10xas long as short