Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.053%
Price spread now: Nado against Lighter−0.063%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 4 days (all we have)+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.448%+$45 · spread now −0.063%, 7d avg −0.016%
=Together, before fees+0.533%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.047% cheaper against Lighter than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.016%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 612.37 | 0.0032 | pay 0.0004% / 1h | 23m 08s | $522K | $2.6M | 10x |
| Short | Nado AMD-PERP | 611.98 | 0.0093 | get 0.0012% / 1h | 23m 08s | $254K | $241K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $12.81
- Price spread: −0.063% → −0.016%
- −$4.7
- Slippage, 4 orders
- −$15.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$14.49
- Costs to cover
- 0.226%
- Break-even
- 14.9 days
Slippage from Lighter: live order book, 9 min ago; Nado: live order book, 14 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, 9 min ago | 1.14 bp | 1.2 bp −$1 | 4.0 bp −$40 | 65.0 bp −$6,496 | doesn't fit |
| Sell Nado live order book, 14 min ago | 1.63 bp | 5.1 bp −$5 | 32.1 bp −$321 | 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 | −0.0914% | 4h | 612.60 | +0.037% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0271% | 8h | 613.24 | +0.142% | $10.4M | $17.5M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 552.18 | −9.829% | $2K | $59K | 12x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.45 | +0.014% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 612.91 | +0.088% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 612.63 | +0.042% | $1K | $8.0M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.08 | −0.047% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.70 | +0.054% | $100K | $635K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 612.97 | +0.098% | $1.7M | $465K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 612.37 | long leg | $522K | $2.6M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMD | +0.0032% | 1h | 612.30 | −0.011% | $797K | $4.8M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 612.56 | +0.031% | $129K | $285K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.06 | +0.113% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.21 | −0.026% | $22.0M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.08 | −0.047% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.44 | +0.011% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.84 | −0.087% | $1.4M | $5.4M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0061% | 8h | 612.71 | +0.056% | $6.6M | $29.5M | 25x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 612.37 | 0.000% | $2.0M | $11.5M | 10x | as long as short |
| Nado AMD-PERPshort | +0.0093% | 1h | 611.98 | −0.063% | $254K | $241K | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.29 | −0.013% | $1.9M | $302K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.92 | −0.073% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.38 | +0.002% | $366 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 612.53 | +0.026% | $312K | $1.9M | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 612.65 | +0.045% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0157% | 1h | 612.30 | −0.011% | $2K | $90K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0165% | 8h | 612.72 | +0.058% | $19K | $179K | 10x | as long as short |
| Variational Omni AMD | +0.0166% | 8h | 612.55 | +0.029% | $2.0M | $3.8M | — | as long as short |
| Extended AMD_24_5-USD | +0.0248% | 1h | 612.38 | +0.002% | $461K | $3.4M | 10x | as long as short |
| Binance AMDUSDT | +0.0251% | 8h | 612.64 | +0.044% | $72.0M | $204.8M | 25x | as long as short |
| BloFin AMD-USDT | +0.0268% | 8h | 612.66 | +0.047% | $6K | $554K | 20x | as long as short |
Lighter AMD
edgeX AMDUSDC
Bitget AMDUSDT
Injective AMD/USDC PERP
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
OKX AMD-USDT-SWAP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT