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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0229%/8h= +25.0% APRpaid last 24h +0.085%
Price spread now: BloFin against Lighter+0.123%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.123%, 7d avg +0.025%
Together, before fees−0.107%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.098% dearer against Lighter than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% 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 AMD607.900.0032pay 0.0004% / 1h55m 19s$518K$2.5M10x
ShortBloFin AMD-USDT608.650.0261get 0.0261% / 8h7h 55m$6K$550K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$48.02
Price spread: +0.123% → +0.025%
$9.84
Slippage, 4 orders
−$9.06
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$36.79
Costs to cover
0.211%
Break-even
1.6 days
Slippage from Lighter: live order book, 7 min ago; BloFin: live order book, 21 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, 7 min ago1.55 bp1.6 bp −$23.1 bp −$3168.3 bp −$6,831doesn't fit
Sell BloFin live order book, 21 min ago1.30 bp9.3 bp −$912.2 bp −$122doesn't fitdoesn't fit

AMD on 31 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−0.0735%4h611.61+0.611%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0228%8h608.69+0.130%$10.3M$17.3M20xas long as short
Injective AMD/USDC PERP−0.0220%1h551.13−9.339%$2K$59K12xas long as short
Aster AMDUSDT0.0000%8h609.30+0.230%$69K$416K50xas long as short
Gate AMD_USDT0.0000%8h608.91+0.166%$4.5M$14.2M50xas long as short
SunX AMD-USDT0.0000%8h608.55+0.107%$1K$8.0M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h608.35+0.074%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h608.80+0.148%$103K$656K20xas long as short
Phemex AMDUSDT0.0000%8h608.54+0.105%$1.7M$466K10xas long as short
Lighter AMDlong+0.0032%1h607.90long leg$518K$2.5M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AMD+0.0032%1h607.900.000%$785K$4.7M10xas long as short
Arcus AMD-USD+0.0040%1h609.16+0.207%$124K$289K10xas long as short
Vest AMD-USD-PERP+0.0046%1h609.65+0.288%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h608.24+0.056%$21.9M$96.2M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h608.26+0.059%$392K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h608.42+0.086%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h608.66+0.125%$1.4M$5.4M10xas long as short
OKX AMD-USDT-SWAP+0.0074%8h608.25+0.058%$6.6M$29.2M25xas long as short
QFEX AMD-USD+0.0076%1h609.21+0.215%$2.0M$11.5M10xas long as short
KuCoin AMDUSDTM+0.0100%8h608.90+0.165%$1.8M$318K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h612.19+0.706%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h609.46+0.257%$364$6K10xas long as short
Nado AMD-PERP+0.0123%1h608.46+0.093%$253K$241K10xas long as short
Aevo AMD-PERP+0.0144%1h608.42+0.086%$11K10xas long as short
Coinbase International AMD-PERP-INTX+0.0152%1h608.00+0.016%$310K$1.8M10xas long as short
Phoenix AMD+0.0157%1h611.25+0.551%$2K$90K10xas long as short
Variational Omni AMD+0.0161%8h610.56+0.438%$2.0M$3.8Mas long as short
Extended AMD_24_5-USD+0.0240%1h608.64+0.123%$457K$3.4M10xas long as short
Binance AMDUSDT+0.0240%8h608.85+0.157%$71.7M$205.1M25xas long as short
GRVT AMD_USDT_Perp+0.0249%8h612.90+0.823%$20K$184K10xas long as short
BloFin AMD-USDTshort+0.0261%8h608.65+0.123%$6K$550K20x