Funding you earn now, next payment 03:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.004%
Price spread now: Phoenix against Lighter+0.029%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.029% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 621.91 | 0.0032 | pay 0.0004% / 1h | 49m 04s | $556K | $2.5M | 10x |
| Short | Phoenix AMD | 622.09 | 0.0206 | get 0.0026% / 1h | 49m 04s | $2K | $90K | 10x |
Lighter AMD
Phoenix AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $36.5
- Price spread: +0.029% → 0.000%
- $2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $32.39
- Costs to cover
- 0.070%
- Break-even
- 0.8 days
Slippage unknown: Lighter: live order book, 3 min ago; Phoenix: no order-book sample. 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 | 1.21 bp | 1.3 bp −$1 | 3.6 bp −$36 | 56.7 bp −$5,666 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0085% | 4h | 622.19 | +0.045% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.30 | +0.063% | $4.5M | $13.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.13 | +0.035% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.60 | −0.050% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.00 | +0.014% | $121K | $606K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.38 | +0.076% | $1.8M | $458K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 621.91 | long leg | $556K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 621.91 | 0.000% | $853K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.639% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.25 | +0.055% | $144K | $263K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMD | +0.0050% | 1h | 621.81 | −0.016% | $24.4M | $94.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.72 | −0.031% | $398K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.95 | +0.006% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.48 | −0.069% | $1.5M | $4.2M | 10x | as long as short |
| Bitget AMDUSDT | +0.0051% | 8h | 622.25 | +0.055% | $10.3M | $17.0M | 20x | as long as short |
| Vest AMD-USD-PERP | +0.0056% | 1h | 623.49 | +0.254% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.97 | +0.010% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0097% | 1h | 621.78 | −0.021% | $269K | $221K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.77 | −0.023% | $1.9M | $280K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.83 | −0.013% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.07 | +0.026% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 621.55 | −0.058% | $309K | $1.8M | 10x | as long as short |
| Phoenix AMDshort | +0.0206% | 1h | 622.09 | +0.029% | $2K | $90K | 10x | |
| Aevo AMD-PERP | +0.0264% | 1h | 622.34 | +0.069% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0282% | 8h | 621.93 | +0.003% | $7.0M | $27.9M | 25x | as long as short |
| Aster AMDUSDT | +0.0353% | 8h | 621.88 | −0.005% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0552% | 8h | 622.32 | +0.066% | $18K | $141K | 10x | as long as short |
| Variational Omni AMD | +0.0664% | 8h | 622.12 | +0.034% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0714% | 8h | 622.13 | +0.035% | $7K | $549K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0720% | 1h | 621.95 | +0.007% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0724% | 8h | 622.18 | +0.043% | $74.9M | $191.4M | 25x | as long as short |
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Bitget AMDUSDT
Vest AMD-USD-PERP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT