Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.013%
Price spread now: QFEX against Lighter+0.014%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.159% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.055%−$6 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.014%, 7d avg −0.019%
Together, before fees−0.166%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.034% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.019%. Mind the row above: over the last 4 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD621.960.0032pay 0.0004% / 1h45m 38s$556K$2.5M10x
ShortQFEX AMD-USD622.050.0080get 0.0010% / 1h45m 38s$2.1M$11.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$10
Price spread: +0.014% → −0.019%
$3.36
Slippage, 4 orders
−$5.88
Fee Lighter: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$2.52
Costs to cover
0.159%
Break-even
8.8 days
Slippage from Lighter: live order book, 6 min ago; QFEX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago1.21 bp1.3 bp −$13.6 bp −$3656.7 bp −$5,666doesn't fit
Sell QFEX live order book, 3 min ago1.69 bp6.7 bp −$77.0 bp −$7013.7 bp −$1,368doesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0343%4h622.15+0.031%$81K$1.6M10xas long as short
Gate AMD_USDT0.0000%8h622.24+0.045%$4.5M$13.4M50xas long as short
SunX AMD-USDT0.0000%8h622.20+0.039%$2K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.76−0.032%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h622.06+0.016%$122K$606K20xas long as short
Phemex AMDUSDT0.0000%8h622.28+0.051%$1.8M$458K10xas long as short
Lighter AMDlong+0.0032%1h621.96long leg$556K$2.5M10x
Lighter RH AMD+0.0032%1h621.94−0.003%$853K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.646%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h622.25+0.047%$144K$263K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AMDUSDT+0.0045%8h622.23+0.043%$10.3M$17.0M20xas long as short
tradeXYZ xyz:AMD+0.0050%1h621.87−0.014%$24.4M$94.0M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h621.80−0.026%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.05+0.014%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.41−0.088%$1.5M$4.2M10xas long as short
Vest AMD-USD-PERP+0.0057%1h623.51+0.249%$923K25xas long as short
QFEX AMD-USDshort+0.0080%1h622.05+0.014%$2.1M$11.6M10x
KuCoin AMDUSDTM+0.0100%8h621.81−0.024%$1.9M$280K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h621.71−0.040%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.11+0.024%$372$6K10xas long as short
Nado AMD-PERP+0.0100%1h621.83−0.020%$269K$222K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h621.90−0.010%$310K$1.8M10xas long as short
Phoenix AMD+0.0206%1h621.95−0.002%$2K$90K10xas long as short
Aevo AMD-PERP+0.0264%1h622.44+0.077%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0277%8h622.03+0.011%$7.0M$28.0M25xas long as short
Aster AMDUSDT+0.0340%8h621.90−0.010%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0524%8h622.11+0.024%$18K$142K10xas long as short
Variational Omni AMD+0.0651%8h622.09+0.021%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0712%8h622.16+0.032%$74.9M$191.4M25xas long as short
Extended AMD_24_5-USD+0.0712%1h622.00+0.006%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0719%8h622.29+0.053%$7K$549K20xas long as short