Funding you earn now, next payment 00:00 UTC−0.0232%/8h= −25.4% APRpaid last 24h −0.044%
Price spread now: Phemex against Lighter+0.068%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.068%, 7d avg +0.015%
=Together, before fees−0.325%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.053% dearer against Lighter than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.015%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.169% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 620.55 | 0.0232 | pay 0.0029% / 1h | 48m 46s | $525K | $2.5M | 10x |
| Short | Phemex AMDUSDT | 620.97 | 0 | get 0.0000% / 8h | 48m 46s | $1.8M | $460K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$48.72
- Price spread: +0.068% → +0.015%
- $5.28
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$55.44
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
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, 3 min ago | 0.97 bp | 1.0 bp −$1 | 3.7 bp −$37 | 71.2 bp −$7,117 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 9.75 bp | doesn't fit | doesn't fit | 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 | −0.0761% | 4h | 620.80 | +0.040% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 621.03 | +0.077% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.83 | +0.045% | $1K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.53 | −0.003% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDTshort | 0.0000% | 8h | 620.97 | +0.068% | $1.8M | $460K | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 620.38 | −0.027% | $836K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.423% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.60 | +0.169% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.90 | −0.105% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0061% | 1h | 620.45 | −0.016% | $395K | $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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.82 | +0.044% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.148% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.45 | −0.016% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.60 | +0.008% | $379 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0112% | 8h | 620.74 | +0.031% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0135% | 1h | 620.22 | −0.053% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.36 | −0.031% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.97 | +0.068% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0217% | 8h | 620.89 | +0.054% | $72K | $416K | 50x | as long as short |
| Lighter AMDlong | +0.0232% | 1h | 620.55 | long leg | $525K | $2.5M | 10x | |
| SoDEX AMD-USD | +0.0282% | 1h | 620.73 | +0.029% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0293% | 1h | 620.45 | −0.016% | $80K | $259K | 50x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0460% | 1h | 620.44 | −0.018% | $77K | $163K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0487% | 8h | 620.84 | +0.047% | $18K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.79 | +0.038% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0524% | 1h | 620.07 | −0.077% | $318K | $167K | 10x | as long as short |
| Bitget AMDUSDT | +0.0541% | 8h | 620.81 | +0.042% | $10.1M | $18.0M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.67 | +0.019% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0548% | 8h | 620.83 | +0.045% | $75.7M | $192.1M | 25x | as long as short |
| BloFin AMD-USDT | +0.0557% | 8h | 620.84 | +0.047% | $6K | $545K | 20x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.62 | +0.011% | $145K | $265K | 10x | as long as short |
Lighter AMD
Phemex AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
SoDEX AMD-USD
ApeX Omni AMDUSDT
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT