Funding you earn now, next payment 02:00 UTC+0.1119%/8h= +122.5% APRpaid last 24h +0.058%
Price spread now: GRVT against Lighter−0.075%78s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as 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−$170.171% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.075%, 7d avg +0.019%
=Together, before fees+0.085%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.095% cheaper against Lighter than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.019%). If the spread goes back, that is −$9 on $10k: about 7 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 622.56 | 0.0040 | pay 0.0005% / 1h | 49m 56s | $536K | $2.4M | 10x |
| Short | GRVT AMD_USDT_Perp | 622.09 | 0.1159 | get 0.1159% / 8h | 6h 49m | $18K | $131K | 10x |
Lighter AMD
GRVT AMD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. 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
- $234.99
- Price spread: −0.075% → +0.019%
- −$9.5
- Slippage, 4 orders
- −$8.08
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $208.42
- Costs to cover
- 0.171%
- Break-even
- 0.8 days
Slippage from Lighter: live order book, 12 min ago; GRVT: live order book, 17 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, 12 min ago | 0.32 bp | 0.3 bp $0 | 2.1 bp −$21 | 39.0 bp −$3,899 | doesn't fit |
| Sell GRVT live order book, 17 min ago | 0.24 bp | 7.1 bp −$7 | 13.9 bp −$139 | 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 | −0.0927% | 4h | 622.08 | −0.078% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.94 | +0.061% | $1K | $8.5M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.92 | +0.058% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 622.52 | −0.006% | $839K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.741% | $5K | $55K | 12x | as long as short |
| Lighter AMDlong | +0.0040% | 1h | 622.56 | long leg | $536K | $2.4M | 10x | |
| Arcus AMD-USD | +0.0040% | 1h | 622.72 | +0.026% | $145K | $264K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.67 | +0.018% | $397K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.06 | −0.080% | $1.5M | $4.2M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0063% | 1h | 624.14 | +0.254% | — | $924K | 25x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMD-USD | +0.0071% | 1h | 622.75 | +0.031% | $26K | $24K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.94 | +0.061% | $2.2M | $12.6M | 10x | as long as short |
| Gate AMD_USDT | +0.0100% | 8h | 622.83 | +0.043% | $4.5M | $13.2M | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.53 | −0.005% | $1.9M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.23 | −0.053% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.85 | +0.047% | $372 | $6K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0105% | 1h | 622.37 | −0.031% | $25.1M | $93.3M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 623.02 | +0.074% | $300K | $1.8M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0152% | 1h | 622.46 | −0.016% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | +0.0184% | 8h | 622.86 | +0.048% | $132K | $579K | 20x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 621.52 | −0.167% | $2K | $90K | 10x | as long as short |
| Nado AMD-PERP | +0.0269% | 1h | 622.51 | −0.007% | $276K | $197K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 623.19 | +0.102% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0277% | 8h | 622.81 | +0.040% | $6.9M | $28.3M | 25x | as long as short |
| Aster AMDUSDT | +0.0416% | 8h | 622.47 | −0.015% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0634% | 8h | 622.98 | +0.067% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMD | +0.0728% | 8h | 622.86 | +0.048% | $2.6M | $3.2M | — | as long as short |
| Extended AMD_24_5-USD | +0.0776% | 1h | 622.82 | +0.041% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0777% | 8h | 622.87 | +0.050% | $75.6M | $190.5M | 25x | as long as short |
| BloFin AMD-USDT | +0.0783% | 8h | 622.98 | +0.067% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perpshort | +0.1159% | 8h | 622.09 | −0.075% | $18K | $131K | 10x |
SoDEX AMD-USD
QFEX AMD-USD
Gate AMD_USDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
tradeXYZ xyz:AMD
Coinbase International AMD-PERP-INTX
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phoenix AMD
Nado AMD-PERP
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT