AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.015%

Price spread now: Coinbase International against Lighter−0.204%7-day average −0.114% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$200.204% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.204%, 7d avg −0.114%

Together, before fees+0.008%+ Points / potential airdropLighter: Season 3 · farm board+$1 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 Coinbase International is 0.090% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.114%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AMD	617.86	0.0216	pay 0.0027% / 1h	35m 29s	$534K	$2.6M	10x
Short	Coinbase International AMD-PERP-INTX	616.60	0.0072	get 0.0009% / 1h	35m 29s	$310K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.204%Rate

Funding earned: −$30.24
Price spread: −0.204% → −0.114%: −$9.01
Slippage, 4 orders: −$10.39
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$59.64
Costs to cover: 0.204%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; Coinbase International: 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 Lighter live order book, 2 min ago	0.81 bp	0.9 bp −$1	4.3 bp −$43	50.0 bp −$5,000	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.03 bp	7.0 bp −$7	12.0 bp −$120	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	−0.042%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	617.99	+0.021%	$4.4M	$13.3M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	617.93	+0.011%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	617.76	−0.016%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	617.98	+0.019%	$1.8M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0023%	8h	617.96	+0.016%	$6.8M	$28.7M	25x	as long as short
Lighter RH AMD	+0.0032%	1h	617.63	−0.037%	$827K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.994%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	618.76	+0.146%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	617.78	−0.013%	$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	−0.105%	$1.4M	$4.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0070%	1h	617.35	−0.083%	$24.7M	$95.8M	10x	as long as short
Coinbase International AMD-PERP-INTXshort	+0.0072%	1h	616.60	−0.204%	$310K	$1.8M	10x
QFEX AMD-USD	+0.0080%	1h	617.95	+0.015%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	617.21	−0.105%	$1.9M	$323K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	617.68	−0.029%	$377	$6K	10x	as long as short
Aster AMDUSDT	+0.0124%	8h	616.97	−0.144%	$71K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	616.47	−0.225%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0192%	1h	617.74	−0.019%	$11K	—	10x	as long as short
Lighter AMDlong	+0.0216%	1h	617.86	long leg	$534K	$2.6M	10x
ApeX Omni AMDUSDT	+0.0222%	1h	616.51	−0.218%	$79K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0266%	1h	617.82	−0.006%	$25K	$24K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0268%	1h	617.63	−0.037%	$77K	$163K	10x	as long as short
Variational Omni AMD	+0.0398%	8h	617.34	−0.084%	$2.7M	$3.1M	—	as long as short
GRVT AMD_USDT_Perp	+0.0404%	8h	617.56	−0.049%	$17K	$139K	10x	as long as short
Nado AMD-PERP	+0.0421%	1h	617.35	−0.082%	$315K	$166K	10x	as long as short
Extended AMD_24_5-USD	+0.0464%	1h	617.97	+0.019%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0467%	8h	618.17	+0.050%	$75.3M	$193.3M	25x	as long as short
BloFin AMD-USDT	+0.0474%	8h	617.71	−0.024%	$6K	$542K	20x	as long as short
Bitget AMDUSDT	+0.0498%	8h	618.16	+0.049%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	617.90	+0.006%	$143K	$275K	10x	as long as short