AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0552%/8h= +60.4% APRnext payment +$0.69 per $10,000 · paid last 24h +0.088%

Price spread now: Extended against Lighter−0.004%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$160.162% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.004%, 7d avg −0.031%

Together, before fees+0.096%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Extended is 0.027% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AMD	622.37	0.0032	pay 0.0004% / 1h	58m 07s	$554K	$2.5M	10x
Short	Extended AMD_24_5-USD	622.35	0.0584	get 0.0073% / 1h	58m 07s	$464K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.004%Rate

Funding earned: $115.92
Price spread: −0.004% → −0.031%: $2.7
Slippage, 4 orders: −$11.15
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $102.46
Costs to cover: 0.162%
Break-even: 0.8 days

Slippage from Lighter: live order book, 4 min ago; Extended: live order book, 5 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, 4 min ago	0.88 bp	0.9 bp −$1	4.2 bp −$42	90.8 bp −$9,079	doesn't fit
Sell Extended live order book, 5 min ago	0.64 bp	7.1 bp −$7	38.3 bp −$383	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	−0.0343%	4h	622.82	+0.072%	$79K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.62	+0.040%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	622.66	+0.047%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	622.54	+0.027%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.09	−0.045%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.44	+0.011%	$118K	$622K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.66	+0.047%	$1.8M	$460K	10x	as long as short
Lighter AMDlong	+0.0032%	1h	622.37	long leg	$554K	$2.5M	10x
Lighter RH AMD	+0.0032%	1h	622.29	−0.013%	$847K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.711%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.69	+0.051%	$145K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.16	−0.034%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.39	+0.003%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.50	−0.140%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0065%	1h	623.66	+0.207%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0067%	1h	622.15	−0.036%	$269K	$230K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.31	−0.010%	$2.1M	$11.6M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0088%	1h	621.55	−0.132%	$316K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.19	−0.029%	$1.9M	$292K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.02	−0.056%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.45	+0.013%	$372	$6K	10x	as long as short
tradeXYZ xyz:AMD	+0.0140%	1h	622.27	−0.016%	$23.6M	$94.5M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.75	+0.061%	$2K	$89K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	622.69	+0.051%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0232%	8h	622.52	+0.024%	$6.9M	$28.2M	25x	as long as short
Aster AMDUSDT	+0.0234%	8h	622.15	−0.036%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0312%	8h	622.73	+0.058%	$18K	$151K	10x	as long as short
Variational Omni AMD	+0.0526%	8h	622.92	+0.089%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0570%	8h	622.43	+0.010%	$7K	$550K	20x	as long as short
Extended AMD_24_5-USDshort	+0.0584%	1h	622.35	−0.004%	$464K	$1.9M	10x
Binance AMDUSDT	+0.0587%	8h	622.56	+0.031%	$73.0M	$195.9M	25x	as long as short